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Next change at Cathay: Focus on group's property business

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At a joint press conference to announce the completion of the acquisition of Cathay Cineplexes Pte Ltd, mm2 Asia executive chairman Melvin Ang said the company is eyeing 'collaboration opportunities' with studios, courtesy of Cathay's brand cachet.

Singapore

CATHAY Organisation's recent sale of its iconic cinema brand to mm2 Asia will leave it free to focus on the company's property business, its managing director Choo Meileen said on Tuesday.

She said at a joint press conference on Tuesday: "

sentifi.com

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