Cathay cinema at Jem closes 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.
AsiaOne5d
$4.3 million in rental arrears: Cathay Cineplexes shutters Jem outlet as landlord terminates lease
Cathay Cineplexes will be shuttering operations at its Jem location in Jurong East on Thursday (March 27) following the termination of their lease. Its operator, mm2 Asia, announced the news through a ...
Mothership.SG5d
Cathay cinema at Jem in Jurong to close on Mar. 27, owes landlord S$4.3 million
The Cathay cinema at Jem will close on Mar. 27. This comes after its lease was terminated by the landlord, as it seeks to ...
The Business Times5d
Lendlease shuts down Cathay Cineplexes at Jem over S$4.3 million rent arrears
Lendlease Global Commercial Reit is seeking to recoup some S$4.3 million in rental arrears that Cathay owes, among other ...
CNA5d
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 ...