Business
Banks and landlords are pounding on the door; will mm2 Asia survive the siege?
It has been a difficult year for mm2 Asia, whose Cathay Cineplexes unit has already entered voluntary liquidation Mired in debt and facing…
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landlords
Business
Banks and landlords are pounding on the door; can mm2 Asia survive the siege?
It has been a difficult year for mm2 Asia, whose Cathay Cineplexes unit has already entered voluntary liquidation Mired in debt and facing…
Business
Unlike private landlords, Reit-owned malls could trade higher rents for right tenant mix
For Singapore-listed real estate investment trusts (S-Reits), rent increases are tempered by longer lease terms, a need to curate tenant…
Business
Cathay Cineplex has paid back S$12 million owed to landlords; remaining S$2.7 million is a quarter of total sum
mm2 Asia says slower-than-expected recovery of the cinema industry hit the cinema chain’s ability to pay its arrears on a timely basis THE…