MM2 Asia Ltd.

Q: Which legislation does [2025] SGHC 251 consider?

The judgment refers to Companies Act (Cap 50), Insolvency, Restructuring and Dissolution Act, and Restructuring and Dissolution Act. The statutes cited are listed in full on this page, each linking to its primary text.

[2025] SGHC 251 High Court (General Division) 10 December 2025 HC/OA 1270/2025 24 min read

6 cases cited Cited by 1 case

Outcome

Application allowed

I allow the application for a moratorium, save for the gloss I add as set out at [32]–[35] above.

Source: [2025] SGHC 251, High Court (General Division), decided 10 December 2025. Read directly from the judgment.

Key facts

Court	High Court (General Division)
Decided	10 December 2025
Judge	Mohamed Faizal
Charges / claim	Companies
Outcome	Application allowed
Counsel	Allen & Gledhill LLP, Centurion Law LLC, Drew & Napier LLC, Tan Peng Chin LLC, Virtus Law LLP, Aaron Lee, Chua Xinying, Collin Choo Ching Yeow, Favian Kang, Felix Goh Guan Hui, Lauren Tang Hui Jing, Nur Zalina bt Md Ghazali, Ooi Chit Yee, Tan Yi Lei, Teri Cheng, Zeng Yu, Zhang Weihao

Source: [2025] SGHC 251, High Court (General Division), decided 10 December 2025 — eLitigation. Updated 3 July 2026.

Catchwords

Companies — Schemes of arrangement — Company seeking moratorium — Whether company provided sufficient evidence of creditor support — Section 64 Insolvency, Restructuring and Dissolution Act 2018 Companies — Schemes of arrangement — Company seeking moratorium — Whether application was made in good faith and sufficiently particularised — Section 64 Insolvency, Restructuring and Dissolution Act 2018 Companies — Schemes of arrangement — Company seeking moratorium — Contents of Affidavit — Section 64 Insolvency, Restructuring and Dissolution Act 2018

Practice Areas

Companies

Case Significance

[2025] SGHC 251 is a High Court (General Division) decision dated 10 December 2025 concerning Companies, specifically addressing schemes of arrangement. The judgment was delivered by Mohamed Faizal. Legal representation was provided by Virtus Law LLP. The judgment cites 6 cases and references 3 statutory provisions, including the Companies Act, the Insolvency, and the Restructuring and Dissolution Act. This decision has been cited by 1 subsequent judgment in the dataset.

[2025] SGHC 251 explained

MM2 Asia Ltd. ([2025] SGHC 251) is a Singapore judgment decided by the High Court (General Division) on 10 December 2025. It is categorised under Companies. Within this corpus it has since been cited by 1 other reported Singapore judgment, a measure of how often later decisions have referred to it. This page summarises what the reported decision covers and links the primary sources — the full judgment, the statutes it cites, and the other cases it engages with — so the decision can be read in context. It is reference information, not legal advice, and it does not state the outcome or any holding beyond what the official judgment records.

What is [2025] SGHC 251 about?

MM2 Asia Ltd. ([2025] SGHC 251) is a High Court (General Division) decision from 2025. Its published catchwords are “Companies — Schemes of arrangement — Company seeking moratorium — Whether company provided sufficient evidence of creditor support — Section 64 Insolvency, Restructuring and Dissolution Act 2018” and “Companies — Schemes of arrangement — Company seeking moratorium — Whether application was made in good faith and sufficiently particularised — Section 64 Insolvency, Restructuring and Dissolution Act 2018 Companies — Schemes of arrangement — Company seeking moratorium — Contents of Affidavit — Section 64 Insolvency, Restructuring and Dissolution Act 2018”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Which legislation does [2025] SGHC 251 consider?

The judgment refers to Companies Act (Cap 50), Insolvency, Restructuring and Dissolution Act, and Restructuring and Dissolution Act. The statutes cited are listed in full on this page, each linking to its primary text.

How influential is [2025] SGHC 251?

Within this corpus, [2025] SGHC 251 has been cited by 1 later reported Singapore judgment. That count reflects references from other decisions held in this corpus only and is a conservative lower bound on how often the case has actually been cited.

Summary

MM2 Asia Ltd, an entertainment company that operates Cathay Cineplexes, applied for a four-month moratorium under s 64 of the Insolvency, Restructuring and Dissolution Act to finalise a scheme of arrangement with creditors. The court granted the application, finding sufficient evidence of creditor support and good faith, while adding disclosure requirements to ensure creditors could make informed decisions about any eventual scheme.

What was decided in [2025] SGHC 251?

[2025] SGHC 251 (MM2 Asia Ltd.) is a High Court (General Division) decision from 10 December 2025 addressing Companies, specifically schemes of arrangement. The judgment was delivered by Mohamed Faizal.

Which judge decided [2025] SGHC 251?

[2025] SGHC 251 was delivered by Mohamed Faizal in the High Court (General Division) on 10 December 2025. The case concerned Companies.

What cases and statutes does [2025] SGHC 251 cite?

[2025] SGHC 251 cites 6 prior decisions. It references Companies Act, Insolvency, Restructuring and Dissolution Act. The decision has itself been cited by 1 subsequent judgment.