Cathay cinema at Jem closes today as landlord seeks $4.3 million in rental arrears
The closure came after more than a year of negotiations with its landlord Lendlease. Read more at straitstimes.com.
The Business Times3h
Distressed Cathay Cineplexes to shutter JEM outlet on Thursday as landlord ends lease
SINGAPORE] Struggling cinema chain Cathay Cineplexes will wind down business operations at its JEM outlet in Jurong East on ...
CNA1h
Cathay cinema at JEM shopping mall closes, operator owes landlord S$4.3 million in rent
SINGAPORE: The Cathay cinema at JEM shopping mall closed on Thursday (Mar 27), with the operator mm2 Asia owing the landlord about S$4.3 million (US$3.2 million) in rent. In a Singapore Exchange ...
The Business Times3h
Painful but inevitable: Distressed Cathay Cineplexes to shutter JEM outlet as landlord ends lease
Lendlease Global Commercial Reit is seeking to recoup some S$4.3 million in rental arrears that Cathay owes, among other ...