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Cathay Cineplexes and Golden Village mull over possible merger Details 11 December 2020 Cathay Cineplexes’ parent company mm2 Asia, and Golden Village’s parent company Orange Sky Golden Harvest Entertainment, have agreed to a possible merger of their cinema businesses in Singapore. According to a SGX listing, the merger would make the combined business the largest cinema operator in Singapore. The merger will also provide advantageous economies of scale, as well as more financial and operating stability to mm2 Asia’s cinema business. The proposed merger comes in the face of challenges the cinema operators had since the COVID-19 outbreak. Moreover businesses have bit hit due to the general disruption to the movie and cinema business, with the advent of content streaming apps and the growth of video content on social media. The merger would then result in a stronger platform for the operation of the cinema business.

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