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StanChart demands payment from mm2 Asia over $905,000 debt
The Straits Times
|October 25, 2025
Standard Chartered Bank has issued letters of demand to mm2 Asia and its two associated companies - mm Connect and Cathay Cineplexes - seeking repayment of $905,582.87 by Oct 23.
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The letters of demand, dated Oct 16, were for debts owed by mm Connect and Cathay Cineplexes, for which mm2 Asia acted as guarantor.
Cathay Cineplexes ceased operations in September after entering voluntary liquidation.
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