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MM2 Asia [1B0.si]
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WSJ.Shares
Veteran |
24-Oct-2016 21:50
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lols |
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jiplumify
Senior |
24-Oct-2016 17:57
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ok la.. still have enough skin in the game |
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WSJ.Shares
Veteran |
22-Oct-2016 17:22
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I see, hope you never sell much.... haha.... I brought alot.... :)
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jiplumify
Senior |
21-Oct-2016 16:00
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sell some, buy some, depending on when need money.
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WSJ.Shares
Veteran |
21-Oct-2016 15:35
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have you sold any shares so far for this MM2? seems like the heat is still not over yet, it may continue higher and ptotential split.... hehe
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jiplumify
Senior |
21-Oct-2016 15:30
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Exclusive signed for the Voice for Singapore & Malaysia http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementLast3MonthsSecurity& F=5MZWLVOQACLXD6EL& H=6c5d221f3f33e3926814451631a749a3f0f165bfb9992d4e0b6861345a872690 |
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jiplumify
Senior |
19-Oct-2016 11:39
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congrats on your holdings bro |
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WSJ.Shares
Veteran |
18-Oct-2016 14:04
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43D.si split to 1B0.si I Still maintain Target Price: 0.9 and 3rd split outlook... :) |
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WSJ.Shares
Veteran |
18-Oct-2016 13:49
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file:///C:/Users/Kennywsj/Downloads/20161018_23791.pdf mm2 Asia enters into MOU to acquire substantial stake in RINGS.TV &ndash a leading interactive live streaming broadcasting platform &bull mm2 will acquire an initial stake of 15% in the company, with a 12 month option to acquire another 15% at the same valuation &bull RINGS.TV will target to achieve an IPO in 5 years, and grant a guaranteed investment buyback plus coupon of 5% per annum to mm2 in lieu of IPO Singapore, 17 October, 2016 &ndash mm2 Asia Ltd. (&ldquo mm2 Asia&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), entered into a non-binding Memorandum of Understanding (&ldquo MOU&rdquo ) with RINGS.TV Pte Ltd (&ldquo RINGS.TV&rdquo ) and its holding company, Mozat Pte Ltd today, to acquire up to 30% stake in RINGS.TV for S$4.5 million over 12 months after the binding investment agreement. Under the terms of the MOU, mm2 Asia will make an initial investment of S$2.25 million to acquire 15% of RINGS.TV, with an option to increase its stake by an additional 15% for another S$2.25 million. RINGS.TV is Singapore&rsquo s first interactive broadcasting technology platform to stream and broadcast live concerts, performances, conferences and other events. They are working with 88.3JIA FM among others to carry out live broadcasts on its platform. The robust technology platform that RINGS.TV provides will complement mm2 Asia&rsquo s variety of content, with mm2view to provide both local and regional content. mm2 Asia will work with RINGS.TV to live broadcast exclusive material from movie productions across the region such as auditions, behind-the-scenes footage and interviews with the cast from movie sets, as well as unlock new revenue streams from concert live-cast, front and backstage, via mm2 Asia&rsquo s subsidiary UnUsUaL Group. Other line ups include live broadcasts of movie and concert artistes&rsquo tours, 360° Virtual Reality (&ldquo VR&rdquo ) content support, and live-cast of the mm2 Digital Content Producers partnership with the initial eight YouTube channels. Beyond live mm2 Asia Ltd. Co. Reg. No.: 201424372N 1002 Jalan Bukit Merah #07-11 Singapore 159456 www.mm2asia.com broadcast, RINGS.TV will also provide Video-on-Demand (&ldquo VOD&rdquo ) service for high demand local and acquired entertainment content, including concerts, movies and trailers - similar to other Over-the-Top (&ldquo OTT&rdquo ) platforms. &ldquo Through this technology investment, the deal marks our foray into the digital live stream and broadcast market, one of the fastest growing market trends of the world today. Through our investment in RINGS.TV, we will immediately be able to realize local and regional commercial opportunities in content delivery, marketing, brand sponsorship and extend our network to reach more eyeballs with compelling live content,&rdquo said Mr Melvin Ang, CEO, mm2 Asia. &ldquo With the relentless global increase in proliferation of smartphones, increasing screen sizes and increased Internet bandwidth speeds with lower costs especially throughout Asia, content and live videos are consumed instantly, on-the-go, and in shorter or convenient formats, and RINGS.TV is a perfect partner which will integrate into our existing value chain of entertainment,&rdquo added Mr Ang. &ldquo We are humbled and delighted to announce the strategic investment by mm2 Asia, and the team is looking forward to the immediate tangible value-add that the mm2 group of companies and entertainment network brings.&rdquo said Dr Michael Yin, CEO and co-founder of RINGS.TV. &ldquo The deal is another validation of our persistence over 10 years of developing cutting edge solutions using evolving technologies to predict consumer and business trends, and we are cautiously optimistic to deliver a success within 5 years, which will be accelerated with mm2 Asia&rsquo s partnership,&rdquo added Dr Yin. The deal is expected to conclude by the first quarter of 2017. - END - |
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