Mm2 Asia subsidiaries, MM2 Star Screen and MM2 Screen Management, have decided to proceed with creditors' voluntary liquidation, according to a Tuesday filing with the Singapore Exchange.
The decision was taken since both companies can no longer continue their operations as going concerns, with Chiang Teng Guan of Rodgers Reidy & Co. appointed as interim liquidator.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.