Asia Digest: Keppel divests Chengdu Shengshi stake; mm2 gets bid for Cathay cinema unit

Asia Digest: Keppel divests Chengdu Shengshi stake; mm2 gets bid for Cathay cinema unit

A Keppel unit has divested its stake in Chengdu Shengshi for $242 million while SGX-listed media company mm2 Asia has got an offer for Cathay cinema business from Kingsmead Properties.

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