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The closure is "part of the cost rationalisation process for its cinema operations", said mm2 Asia, which runs the Cathay Cineplexes chain in Singapore. Read more at straitstimes.com. ....
Movies News - The Cathay, one of Singapore's oldest cinemas, will cease operations after June 26. In a statement by media company mm2 Asia, which runs the. Read more at www.tnp.sg ....
Moviegoers who frequent The Cathay to catch the latest flicks in town, read on. Cathay Cineplexes announced today (June 17) that it will be ceasing operations at its Handy Road outlet after its last screening on June 26. "The cinema's closure was a business decision," said Group CEO for mm2 Asia Chang Long Jong, who added that as the years. ....
The cinema business has been hit hard by Covid-19, but mm2 Asia chief executive officer Chang Long Jong has expressed his optimism that the industry is on a road to recovery. In an interview with The Business Times published on Wednesday (Oct 6), Chang said that the cinema business is "in a stronger position" after experiencing rounds of business recovery. ....