The Straits Times

StanChart demands payment from former Cathay Cineplexes operator mm2 Asia over $905,000 debt

SINGAPORE - Standard Chartered Bank has issued letters of demand to mm2 Asia and its two associated companies – mm Connect and Cathay Cineplexes – seeking repayment of $905,582.87 by Oct 23. The ...
Business Times

mm2 Asia H2 loss jumps over 10 times to over S$100 million as it writes off cinema business

[SINGAPORE] Cathay Cineplexes owner mm2 Asia widened its net loss in the second half of its fiscal year ended Mar 31 by more than 10 times to S$101.3 million, from S$8.7 million in the previous ...
Business Times

Another Malaysian unit of mm2 Asia receives RM1.5 million payment demand

[SINGAPORE] A Malaysian subsidiary of entertainment group mm2 Asia received a payment demand for the sum of RM1.5 million (S$444,031) from film distributor Antenna Entertainments, said the company in ...
The Straits Times

mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect its core businesses

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 ...
Channel NewsAsia Singapore

Cathay Cineplexes operator mm2 Asia reports group net loss of S$122.4 million on second half woes

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 ...