Cathay Cineplexes Ceases Operations, to Enter Voluntary Liquidation Amid Financial Woes

Cathay Cineplexes to be wound up after talks with creditors fail

The board of Cathay Cineplexes will proceed with a creditors’ voluntary liquidation of the cinema chain. Read more at straitstimes.com.

Cathay Cineplexes ceases operations, to enter voluntary liquidation amid financial woes

It is no longer feasible for Cathay Cineplexes to continue operating, given its financial position and the absence of restructuring options, among other things, operator mm2 Asia said.

Video: Cathay Cineplexes ceases operations, to enter creditors' voluntary liquidation

Cathay Cineplexes has ceased operations and will enter creditors' voluntary liquidation. Its operator mm2 Asia says it is no longer feasible to keep the firm running, given its financial troubles and the lack of viable restructuring options. Analysts say the closure highlights the pressure on cinemas to adapt, and the need to rethink their spaces, beyond just screening movies. Kate Low reports.

Cathay Cineplexes placed into provisional liquidation & ceases operations with immediate effect

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‘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. […]

The credits roll on Cathay Cineplexes after an 87 year legacy in Singapore

Cathay Cineplexes has ceased operations across Singapore as of 1 September, marking the end of an 87-year legacy in local cinema. This follows the closing of The Projector which also resulted in a voluntary liquidation that began on 19 August after their 10-year run of being a beloved cultural space in the local art scene.  Parent company mm2 Asia announced the decision to wind up Cathay Cineplexes due to ongoing financial difficulties and unsuc…