mm2 Asia receives demand for $794,393.01 from West Mall landlord Singapore Land Group

mm2 Asia, via its subsidiary Cathay Cineplex, was running a cinema at the mall before shutting it down in February.

Located at Bukit Batok, West Mall is part of the retail portfolio of Singapore Land Group, in turn controlled by UOL Group.

mm2 Asia is asked to pay up within three weeks, or by Nov 19.

mm2 Asia shares last traded at 0.4 cents, down 60% year to date.