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Grab aims for 'next level' in financial services with purchase of buy-now pay-later platform Atome

Grab is betting $1.49 billion on Atome Financial as it looks to expand its consumer lending business in Southeast Asia.

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Former Cathay cinema operator mm2 Asia, subsidiary owe $213,000 in CPF arrears

When pressed on the company’s ability to make payment, the representative said there was “no money”.

  • mm2 Asia and mm2 Entertainment owe $213,000 in CPF arrears to the Central Provident Fund Board.
  • mm2 Asia owes $15,000, while mm2 Entertainment owes $198,000 to CPF.
  • Both companies face charges under the CPF Act for alleged failed contributions to employees.

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