Singaporean entertainment mini-conglomerate mm2 Asia has finalized terms for the sale of Cathay Cineplexes, the country’s third largest cinema chain. The cinema exhibition sector has been badly hurt ...

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] Vividthree Holdings will see private equity fund Hildrics Asia Growth Fund VCC take a 29 per cent stake through a S$2.2 million subscription of new shares, replacing a scrapped deal for ...

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 ...

Cathay Cineplexes' parent company, mm2 Asia, said that the voluntary liquidation of its cinema chain business is unlikely to have a major impact on its core businesses or continuing operations. In a ...

Mini-conglomerate mm2 Asia says that a deal to sell its Singapore cinemas business has fallen through. The deal was announced in August and should have been completed by Dec. 31, 2021. “Omicron ...

SINGAPORE – Cathay Cineplexes owner mm2 Asia widened its net loss in the second half of its fiscal year by more than 10 times to $101.3 million from $8.7 million in the previous corresponding period.