The cinema at The Cathay is arguably one of the most iconic theatres in Singapore, not only due to its illustrious history but also its convenient location.
Sadly, after 83 years, the Cathay Cineplex along Handy Road will close for good after 26 Jun as part of the group’s “cost rationalisation process”.
Source: Cathay Cineplexes on Facebook
Operations at other Cineplexes, however, will continue.
Media company mm2 Asia, which runs the Cathay Cineplexes chain in Singapore, announced the closure via a press release today (17 Jun).
Source: Mamiko Oka on Flickr
In the statement, mm2 Asia’s group chief executive Mr Chang Long Jong said the move was a “business decision”.
As retail traffic demographics change over the years, the media company has had to evaluate the commercial viability of running two cinemas 1.5km apart along the Orchard shopping belt. The other outlet in question is likely Cineleisure Orchard.
mm2 Asia also took into consideration the existence of another multiplex just 300 metres away — probably The Golden Village outlet at Plaza Singapura.
Despite the cinema’s imminent closure, it’ll be “business as usual” for other Cathay outlets across the island.
The move will not affect other shops and restaurants in the building, according to The Straits Times.
According to NLB, The Cathay Cinema opened on 3 Oct 1939 some 83 years ago and was the first public space with air conditioning in Singapore.
Source: NLB
Over the span of its existence, the cinema within the Cathay Building witnessed several historical milestones, including World War 2.
In 2003, the building was gazetted as a national monument. Thereafter, following a major redevelopment, it reopened with a new name, “The Cathay”.
The imminent closure of The Cathay cinema will surely come as sad news for frequent moviegoers in town.
If you’d like to patronise the theatre one last time before the closure, be sure to do it over the coming week or so.
What films do you remember watching there? Share your memories with us in the comments.
Have news you must share? Get in touch with us via email at news@mustsharenews.com.
Featured image adapted from Wikimedia commons.
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