is not expected to adversely impact its core businesses or continuing operations. Instead, liquidating the struggling cinema chain may improve the group’s overall cash flow and profitability, given ...

SINGAPORE: Cathay Cineplexes owner mm2 Asia saw its group net loss surge to S$122.4 million (US$95.4 million) in the 2025 fiscal year, financial results showed on Thursday (Aug 28), a substantial ...

SINGAPORE: Cathay Cineplexes has ceased operations after a Monday (Sep 1) announcement that it would enter creditors' voluntary liquidation. The cinema chain has been facing financial woes, with news ...

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Follow us on Facebook and join our Telegram channel for the latest updates. mm2 Asia has appointed a liquidator to wind up its cinema subsidiary Cathay Cineplexes, closing a chapter in the history of ...

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SINGAPORE, Aug 29 — The owner of Cathay Cineplexes, mm2 Asia, has reported a staggering group net loss of S$122.4 million (about US$95.4 million) for the financial year ended March 31, 2025, compared ...