‘Unfortunate’: Cathay Cineplexes ceases operations after months of financial troubles, as operator’s losses skyrocket

SINGAPORE: Cathay Cineplexes ceased operations on Monday (Sep 1) after months of financial troubles and failed attempts to resolve millions in unpaid debts. Just last week, Channel News Asia (CNA) reported that Cathay Cineplexes operator mm2 Asia’s net loss for the 2025 financial year skyrocketed to S$122.4 million, from just S$1.9 million the year before. […]
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