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Cathay Cineplexes in the news as mm2 mulls cinema Catalist spinoff

Sharanya Pillai

Sharanya Pillai

Published Tue, Dec 1, 2020 · 09:50 PM

Singapore

MAINBOARD-LISTED mm2 Asia, the owner of Cathay Cineplexes, is evaluating a spinoff of its cinema business onto the Singapore Exchange's junior Catalist board.

mm2's cinema business is currently conducted through its wholly-owned subsidiary, mm Connect, whose units include Cathay Cineplexes in Singapore and Malaysia-based mm2 Star Screen and joint venture River Front Mega Cineplex, according to its 2020 annual report.

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