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Cathay Cineplexes said its future is far from gloomy while a proposed deal with Kingsmead Properties was put on hold. Speaking to AsiaOne, a spokesperson said Cathay is optimistic that the cinema business is picking up. December was the best month for ticket sales at Cathay Cineplexes since the start of the pandemic, thanks to Marvel superhero movie Spider-Man: No. ....
Mm2 Asia previously announced that it had inked a deal with Kingsmead to sell its cinema business for $84.8 million. . Read more at straitstimes.com. ....