Business Enquiries: https://www.business.thebluecats.com.sg/ The Blue Cats' Instagram: https://www.instagram.com/singaporethebluecats/ Cathay Cineplexes has ceased operations from 1 September 2025. The last four outlets, Causeway Point, Century Square, Clementi 321 and Downtown East, shut abruptly as the company moved into creditors’ voluntary liquidation (CVL). In simple terms, that means the business is winding up and selling what it can to repay debts. Why CVL? Cathay Cineplexes, owned by listed company mm2 Asia, said it tried to negotiate with creditors but couldn’t reach a deal. After statutory demands from landlords and other creditors, liquidation became the path to recover what’s owed. As a listed company, mm2 had to disclose the move and appointed provisional liquidators on the morning of 1 September 2025. At the time of the announcement, details were still unclear about refunds for tickets, the status of staff, and the “Save Our Screens” packages. Those updates will have to come from the liquidators or mm2 once they sort through the process. This followed mm2 Asia’s results on 28 August for the year ended 31 March, showing a net loss of about S$122 million (versus S$1.9 million the previous year). The cinema business was the weak spot, with attendance still not fully back post-COVID and heavy competition from streaming platforms.