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mm2 to wind up subsidiary Cathay Cinema

The Edge Singapore
The Edge Singapore  • 1 min read
mm2 to wind up subsidiary Cathay Cinema
Back in 2017, mm2 paid $230 million for Cathay Cinema
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mm2 Asia has appointed a liquidator to wind up its cinema subsidiary Cathay Cineplexes, closing a chapter in the history of Singapore's entertainment industry.

The cinema chain owes rent and other money to seven creditors, mainly landlords where it operates.

They include Frasers Centrepoint Trust and Lendlease Global Commercial REIT.

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