Cathay Cineplexes gets demand for $3.4 million in arrears from Jem landlord

[The_King]

SINGAPORE - Cinema chain Cathay Cineplexes has received a statutory demand for $3.4 million in arrears from Lendlease Global Commercial Reit, the landlord of its 

shuttered outlet at Jem shopping mall.

The cinema chain’s operator mm2 Asia said in a Singapore Exchange filing on July 2 that it has till July 22 to pay the amount.

It can also secure or compound the said sum “to the reasonable satisfaction of the landlord”, the notice added.

 

But if it is unable to pay by that date, it will be deemed unable to pay its debt.

There is also contractual interest of 1 per cent per month calculated on a daily basis, from the date the money is due.

Cathay Cineplexes is seeking legal advice regarding this demand. In addition, mm2 Asia said its own board is also seeking legal advice and will make further announcements when there are any developments.

 

The Cathay Cineplex outlet at Jem mall in Jurong East closed its doors on March 27, after the cinema chain shut its Bukit Batok outlet at West Mall in February and its Ang Mo Kio branch in June 2024.

 

 

 

 

 

At the time, it was reported that the landlord was seeking $4.3 million in rental arrears from Cathay Cineplexes.

mm2 Asia said then that Cathay Cineplexes was “actively engaging with the landlord to negotiate and resolve issues related to the continued occupation of the premises and rent arrears”.

 

It was later announced in May that Shaw Theatres is set to take over the 47,000 sq ft cinema space in Jem. This will be Shaw Theatres’ eighth outlet in Singapore.

Mainboard-listed mm2 Asia was trading unchanged at 0.8 cent as at 9.56am on July 2. Units of Lendlease Reit were also flat at 52.5 cents.

 

[The_King]

RIP cathay,

 

next is shaw or GV

[zheng]

lol shut down all sinkieland cinema better.

 

cine ish own by mm2 horseland boss anway.

 

we all go jb watch! suppork horseland economy ! chip chip

Edited July 2, 2025 by zheng

[The_King]

1 hour ago, zheng said:

lol shut down all sinkieland cinema better.

 

cine ish own by mm2 horseland boss anway.

 

we all go jb watch! suppork horseland economy ! chip chip

now is at home watch

[socrates469bc]

5 hours ago, The_King said:

RIP cathay,

 

next is shaw or GV

 

gv's hk partner,  golden harvest cinemas all gg alrdy

 

wahahahahahahahahahahahaha

 

[The_King]

18 minutes ago, socrates469bc said:

 

gv's hk partner,  golden harvest cinemas all gg alrdy

 

wahahahahahahahahahahahaha

 

where get your news from

 

 

[zheng]

24 minutes ago, The_King said:

now is at home watch

at home no imax feel and atmos surround and real ceiling collapse 5D effect!

[zheng]

23 minutes ago, socrates469bc said:

 

gv's hk partner,  golden harvest cinemas all gg alrdy

 

wahahahahahahahahahahahaha

 

 

 

 

 

 

every time hear this logo is jin exciting one

 

[socrates469bc]

5 minutes ago, The_King said:

where get your news from

 

 

 

wahahahahahahahahahahahahaha

 

 

[The_King]

11 minutes ago, zheng said:

at home no imax feel and atmos surround and real ceiling collapse 5D effect!

no dirty seat, no talking, no one kicking, can pause when you need

 

at home is better and cheaper too

[The_King]

3 minutes ago, socrates469bc said:

 

wahahahahahahahahahahahahaha

 

 

that mean gv should be next to GG

[The_King]

16 minutes ago, zheng said:

 

 

 

 

 

every time hear this logo is jin exciting one

 

the good old times, hear this in cinema very excited

 

 

 

[The_King]

21 minutes ago, zheng said:

at home no imax feel and atmos surround and real ceiling collapse 5D effect!

but you are right

 

me last time  is go carrfour buy the roasted chicken then go inside eat and spray the chicken bone all over cinema, as in the WHOLE cinema, all got chicken bone

 

ahahaha

[socrates469bc]

18 minutes ago, zheng said:

 

 

 

 

 

every time hear this logo is jin exciting one

 

 

1 minute ago, The_King said:

the good old times, hear this in cinema very excited

 

 

 

 

kumgong pappy xdds jiu shi kumgong pappy xdds

 

so simple, so naive

 

limpeh hear this with limpeh's atbgf and her jiemei immediately get excited

 

wahahahahahahahahahahahahahaha

 

 

[The_King]

1 minute ago, socrates469bc said:

 

 

kumgong pappy xdds jiu shi kumgong pappy xdds

 

so simple, so naive

 

limpeh hear this with limpeh's atbgf and her jiemei immediately get excited

 

wahahahahahahahahahahahahahaha

 

 

i change my ringtone to this, let see who get excited

 

hhahahaha

[zheng]

4 minutes ago, The_King said:

i change my ringtone to this, let see who get excited

 

hhahahaha

 

put in nokia phone nao!

[The_King]

3 minutes ago, zheng said:

 

put in nokia phone nao!

hello moto