Singapore media company mm2 Asia has entered into an option agreement with Cathay Cineplexes to acquire the latter's entire cinema business in Singapore as well as the Cathay brand. In a press release on Thursday (2 November), mm2 Asia said it would pay $230 million for Cathay's operations starting with a $15 million deposit, followed by the balance amount within six months after completing the agreement.
Cathay Cineplex will be opening its eighth cinema at Parkway Parade shopping mall this September, according to a press release on Friday (18 August).
If there are two things we all love it’s a cool British evening and a good film. If you love a outdoor cinema experience then you definitely will not want to miss these alfresco screenings around England that have matched their film to the location, taking the experiences to a whole new level. From watching the Jungle Book actually in a zoo to putting on a brave face and watching Jaws on the water’s edge in London. VisitEngland have discovered the best alfresco screenings in England this year