Business Times

Cathay Cineplexes owner mm2 Asia posts H1 net loss as virus shutters movie theatres

MAINBOARD-LISTED entertainment group mm2 Asia, which owns Cathay Cineplexes, sank into the red in the first six months, on losses in the cinema and events businesses. (see amendment note) mm2 posted a ...
The Straits Times

Cathay Cineplexes owner mm2 Asia’s net loss swells to $101.3 million as cinema scene withers

SINGAPORE – Cathay Cineplexes owner mm2 Asia widened its net loss in the second half of its fiscal year by more than 10 times to $101.3 million from $8.7 million in the previous corresponding period.
Business Times

MM2 Asia proposes to raise as much as S$40m via share placement; Ron Sim’s V3 Group potentially becomes top owner

MM2 Asia has proposed to raise up to S$30 million through a placement of new shares at S$0.017 per share, with an option to issue additional S$10 million of placement shares at the same issue price.
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 ...
Channel NewsAsia Singapore

Cathay Cineplexes owner on its financial struggles: Interview with mm2 Asia founder Melvin Ang | Video

Despite having fallen behind on its rental payments, Cathay Cineplexes' owner and operator, mm2 Asia, says it won't succumb to its financial struggles. In an exclusive interview with CNA, mm2 Asia ...
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 ...