mm2 Asia inks agreement to sell cinema business, including Cathay, for $84.8m

August 31, 2021 7:25 AM

SINGAPORE (THE BUSINESS TIMES) – MM2 Asia, which operates cinemas under the Cathay brand, has entered into a sale and purchase agreement with local investment firm Kingsmead Properties to sell its cinema business for S$84.8 million.

Source : http://www.straitstimes.com/business/companies-markets/mm2-asia-inks-agreement-to-sell-cinema-business-including-cathay-for-848m