Culture
FCT’s occupancy rises to 99.9% after new cinema tenants replace Cathay
Mall operator Frasers Centrepoint Trust’s (FCT) committed occupancy rate rose to 99.9 per cent after the first quarter ended Dec 31, 2025,…
Tag
Cathay
Business
Cathay Pacific seeks savings, cuts some jobs in efficiency push
The airline has said that it plans to hire 3,000 people this year, pushing headcount beyond the 34,000 at the end of 2025 Cathay Pacific…
Business
Cathay United Bank grants Marco Polo Marine unit long-tenor facility for NT$4.7 billion research vessel project
The group previously said it would finance the project through internal cashflows and not require any project-specific debt Marco Polo…
Business
Former Cathay cinema operator mm2 gets lifeline after High Court shields it from creditors for 4 months
The company will need to devote its “somewhat finite bandwidth” to restructuring in the coming weeks Former Cathay Cineplexes operator mm2…
News
Hong Kong’s Cathay says to axe over 500 flights as typhoon nears
HONG Kong-based airline Cathay Pacific said on Monday (Sep 22) it expected to cancel more than 500 flights as Super Typhoon Ragasa was…
Business
mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect operations
Entertainment company mm2 Asia on Wednesday (Sep 3) said the voluntary liquidation of Cathay Cineplexes is not expected to adversely…
Culture
Cathay Cineplexes to undergo voluntary liquidation
It is not feasible for the cinema chain to continue operating as a going concern, parent mm2 Asia says Entertainment company mm2 Asia on…
Culture
Cathay Cineplexes ceases operations as talks with creditors fall through
Struggling cinema chain Cathay Cineplexes has ceased operations as of Monday (Sep 1), shortly after its voluntary liquidation was…
Business
Cathay Pacific poised to make first Boeing order in 12 years
Cathay Pacific Airways is poised to place an order for new aircraft from Boeing for the first time in 12 years, according to sources…
Business
Cathay Pacific warns of declining airfares and uncertain cargo outlook, shares fall 10%
Cathay Pacific Airways on Wednesday (Aug 6) warned of declining airfares, challenges at its budget carrier and uncertain cargo market…
Business
Cathay Pacific warns of declining fares and cargo uncertainty, shares fall
Cathay Pacific Airways warned on Wednesday (Aug 6) of declining airfares, challenges at its budget carrier and uncertain cargo market…
Business
mm2’s Cathay receives more legal letters on outstanding rent
Cathay Cineplexes has received additional letters concerning outstanding rent, its parent company mm2 Asia announced in bourse filings on…
Business
Cathay cinema survived a world war, but there may not be a sequel for the icon
Cathay cinema could face its final curtain call after 85 years, as streaming and shifting consumer patterns deal a fatal blow to theatres…
Business
mm2 Asia evaluating all available options, including winding up Cathay Cineplexes
Cathay Cineplexes parent company mm2 Asia said on Thursday (Jul 17) that it is evaluating all available options to address its financial…
Business
Cathay Cineplexes gets fresh demands to pay up S$3.3 million debt for Century Square, Causeway Point outlets
Embattled cinema chain Cathay Cineplexes has received more repayment demands – this time, a sum exceeding S$3.3 million in rental arrears…
Business
Cathay Cineplexes operator mm2 Asia to raise funds for debt repayment via proposed share placement
The announcement comes after the cinema chain received a S$3.4 million payment demand from the landlord of its shuttered Jem outlet Media…
Business
Cathay Cineplexes gets S$3.4 million payment demand from landlord of shuttered Jem outlet
Embattled cinema chain Cathay Cineplexes on Tuesday (Jul 1) received a statutory demand from lawyers representing the landlord of its…
Business
Struggling Cathay Cineplexes to shut JEM outlet on Thursday
Struggling cinema chain Cathay Cineplexes will wind down business operations at its Jem outlet in Jurong East on Thursday (Mar 27). This…
Business
Cathay Pacific will comply with stricter rules on power banks
Cathay Pacific Airways has been forced fall into line with its airline peers on rules governing portable power banks after the Hong Kong…
Business
Lights, camera, adios: Indebted Cathay Cineplexes to shutter West Mall outlet
ROLL the end credits – beleaguered cinema chain Cathay Cineplexes is closing its West Mall outlet on Thursday (Feb 20), the same day its…
Business
Lights, camera, adios: Struggling Cathay Cineplexes to shutter West Mall outlet
ROLL the end credits – beleaguered cinema chain Cathay Cineplexes is closing its West Mall outlet on Thursday (Feb 20), the same day its…
Business
Cathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line
DELAYED rental payments by cinema operator Cathay Cineplexes to its landlord Frasers Centrepoint Trust (FCT) will not significantly impact…
Business
Cathay Cineplex has paid back S$12 million owed to landlords; remaining S$2.7 million is a quarter of total sum
mm2 Asia says slower-than-expected recovery of the cinema industry hit the cinema chain’s ability to pay its arrears on a timely basis THE…
Business
Cathay Cineplex receives letters of demand for about S$2.7 million in rent and other costs owed
MM2 Asia, which runs the cinema chain, is trying to resolve the matter while prioritising minimal disruption to business operations CATHAY…