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Cathay Cineplexes closes its Jem outlet in Singapore due to unpaid rent, reducing its locations to four.
Cathay Cineplexes is closing its Jem outlet in Singapore on March 27 due to the landlord's decision to terminate the lease over $4.3 million in unpaid rent.
This closure follows the shutdown of the West Mall location and comes amid ongoing challenges for the cinema industry since the start of the pandemic.
Cathay Cineplexes will now operate four remaining outlets and plans to adjust its business model for long-term sustainability.
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Cathay Cineplexes cierra su salida de Jem en Singapur debido al alquiler no pagado, reduciendo su ubicación a cuatro.