Cathay Cineplexes

[12] However the deal was rejected by Orange Sky Golden Harvest Entertainment (Holdings) the owner of the other half-share of the Singapore business.

[13] In November of that same year (2017), mm2 Asia announced its intentions to acquire all of Cathay Cineplexes' Singapore cinema operations.

[14] In December 2020, mm2 Asia announced that it was in talks with Golden Village Singapore for a possible merger of its cinema businesses.

[16] The COVID-19 pandemic affected the movie production and cinema businesses, and Cathay Cineplexes was ordered to close for several months in 2020, before reopening at reduced capacities.

In August 2021, mm2 Asia entered into a sale and purchase agreement with Kingsmead Properties to sell its cinema business.

[17] The sale did not go through due to the "uncertainty arounds the Omicron variant dampening investor's appetites", as announced by Kingsmead in January 2022.

[24] In October 2024, Cathay announced the acquisition of WE Cinemas' 321 Clementi outlet as part of their rightsizing operation.