SINGAPORE, Nov. 10 -- Singapore-based entertainment company mm2 Asia, the former operator of Cathay Cineplexes, said United Overseas Bank (UOB) has demanded repayment of S$74.6 million (RM238.7 million) from the firm and several of its subsidiaries.

According to a filing cited by Singapore-based media organisation CNA, the letters of demand were sent on Friday to mm2 Asia and its units - mm2 Entertainment, UnUsUaL Management, mm Plus and mm Connect.

The company said UOB warned that if repayment was not made within seven days, it could initiate legal proceedings "without further reference".

The demands come amid mounting financial pressures on mm2 Asia, which has already faced multimillion-dollar claims from landlords following the coll...