mm2 Asia's Subsidiary Receives Letter of Demand from Ace Financial Services

MT Newswires

01/07

mm2 Asia's (SGX:1B0) subsidiary, mm2 Entertainment, received a letter of demand from Ace Financial Services for a non-payment of SG$200,000 together with interests and other costs, according to a Wednesday filing with the Singapore Exchange.

Ace is demanding the sum to be paid seven days from the date of the letter, with the company and its subsidiary now seeking legal advice over the matter.

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