Media company mm2 has agreed to buy Singapore cinema chain Cathay Cineplex for S$ 230 million (USD $169 million). The move come less than a month after it failed to buy half of rival Golden Village. Cathay operates eight cinemas with 64 screens and 11,569 seats, including the recently opened Parkway Parade (above).
Source: mm2 Buys Singapore’s Cathay Cineplex for $169 Million – Celluloid Junkie