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FCT’s occupancy rises to 99.9% after new cinema tenants replace Cathay
Mall operator Frasers Centrepoint Trust’s (FCT) committed occupancy rate rose to 99.9 per cent after the first quarter ended Dec 31, 2025,…
Tag
Cathay
Business
Cathay Pacific seeks savings, cuts some jobs in efficiency push
Cathay Pacific Airways has asked all departments to identify savings and efficiencies in an attempt to rein in expenses, as Hong Kong’s…
Business
Cathay United Bank grants Marco Polo Marine unit long-tenor facility for NT$4.7 billion research vessel project
The group previously said it would finance the project through internal cashflows and not require any project-specific debt Marco Polo…
Business
Cathay Pacific CEO says Air China’s HK$1.3 billion stake sale a ‘tactical’ move
Swire Pacific will remain the largest shareholder with a 47.65% stake after the buyback Cathay Pacific Airways CEO Ronald Lam said on…
Business
Former Cathay cinema operator mm2 gets lifeline after High Court shields it from creditors for 4 months
The company will need to devote its “somewhat finite bandwidth” to restructuring in the coming weeks Former Cathay Cineplexes operator mm2…
Business
Qatar Airways sells entire Cathay Pacific stake for US$897 million
The Middle Eastern airline has pursued a strategy of investing in airlines worldwide to strengthen its competitive position State-owned…
News
Hong Kong’s Cathay says to axe over 500 flights as typhoon nears
HONG Kong-based airline Cathay Pacific said on Monday (Sep 22) it expected to cancel more than 500 flights as Super Typhoon Ragasa was…
Business
mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect operations
Entertainment company mm2 Asia on Wednesday (Sep 3) said the voluntary liquidation of Cathay Cineplexes is not expected to adversely…
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Cathay Cineplexes to undergo voluntary liquidation
It is not feasible for the cinema chain to continue operating as a going concern, parent mm2 Asia says Entertainment company mm2 Asia on…
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mm2 Asia to wind up Cathay Cineplexes as talks with creditors fall through
Entertainment company mm2 Asia on Monday (Sep 1) announced that Cathay Cineplexes will undergo voluntary liquidation. The struggling…
Business
Cathay Cineplexes ceases operations as talks with creditors fall through
Struggling cinema chain Cathay Cineplexes has ceased operations as of Monday (Sep 1), shortly after its voluntary liquidation was…
Business
Cathay Pacific poised to make first Boeing order in 12 years
Cathay Pacific Airways is poised to place an order for new aircraft from Boeing for the first time in 12 years, according to sources…
Business
Cathay Pacific warns of declining airfares and uncertain cargo outlook, shares fall 10%
Cathay Pacific Airways on Wednesday (Aug 6) warned of declining airfares, challenges at its budget carrier and uncertain cargo market…
Business
Cathay Pacific warns of declining fares and cargo uncertainty, shares fall
Cathay Pacific Airways warned on Wednesday (Aug 6) of declining airfares, challenges at its budget carrier and uncertain cargo market…
Business
mm2’s Cathay receives more legal letters on outstanding rent
Cathay Cineplexes has received additional letters concerning outstanding rent, its parent company announced in bourse filings on Tuesday…
Business
mm2’s Cathay cinema ropes in restructuring specialist as more payment demands pile up
Cathay Cineplexes has received additional letters concerning outstanding rent, its parent company mm2 Asia announced in bourse filings on…
Business
Cathay cinema survived a world war, but there may not be a sequel for the icon
Cathay cinema could face its final curtain call after 85 years, as streaming and shifting consumer patterns deal a fatal blow to theatres…
Business
mm2 Asia evaluating all available options, including winding up Cathay Cineplexes
Cathay Cineplexes parent company mm2 Asia said on Thursday (Jul 17) that it is evaluating all available options to address its financial…
Business
Cathay Cineplexes gets fresh payment demands of over S$3.3 million for Century Square, Causeway Point outlets
Embattled cinema chain Cathay Cineplexes has received more repayment demands of over S$3.3 million in rent arrears and other amounts, owed…
Business
Cathay Cineplexes gets fresh demands to pay up rent for Century Square, Causeway Point outlets
Embattled cinema chain Cathay Cineplexes has received more repayment demands – this time, a sum exceeding S$3.3 million in rental arrears…
Business
Cathay Cineplexes gets fresh demands to pay up S$3.3 million debt for Century Square, Causeway Point outlets
Embattled cinema chain Cathay Cineplexes has received more repayment demands – this time, a sum exceeding S$3.3 million in rental arrears…
Business
Cathay Cineplexes operator mm2 Asia to raise funds for debt repayment via proposed share placement
The announcement comes after the cinema chain received a S$3.4 million payment demand from the landlord of its shuttered Jem outlet Media…
Business
Lendlease seeks S$3.4 million in arrears from Cathay Cineplexes: mm2 Asia
Embattled cinema chain Cathay Cineplexes on Tuesday (Jul 1) received a statutory demand from laywers representing the landlord of its…
Business
Cathay Cineplexes gets S$3.4 million payment demand from landlord of shuttered Jem outlet
Lendlease Global Commercial Reit is seeking arrears in connection to the cinema chain’s use of the mall’s premises, which are to be paid…