Lendlease Demands SG$3.4 Million from Cathay Cineplexes for Jem Rental Arrears

MT Newswires

Jul 02, 2025

Lendlease Global Commercial REIT (SGX:JYEU), through its trustee DBS Trustee, has issued a statutory demand to Cathay Cineplexes for SG$3.4 million in outstanding rental payments, according to a Wednesday filing with the Singapore Exchange.

The demand relates to Cathay Cineplexes' former cinema premises at Jem shopping mall, which was previously operated by Cathay Cineplexes.

The demand requires Cathay to pay a contractual interest of 1% per month starting from the date the amount has been due until paid in full, according to a Wednesday filing by mm2 Asia (SGX:1B0) with the Singapore Exchange.

Cathay Cineplexes, an associated group of mm2 Asia, is currently seeking legal advice following the statutory demand.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2548858290"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2548858290\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2548858290?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-02 10:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2548858290","market":"sg","top_or_hot":-1,"title":"Lendlease Demands SG$3.4 Million from Cathay Cineplexes for Jem Rental Arrears","media":"MT Newswires","content":"<html><body><p> Lendlease Global Commercial REIT (SGX:JYEU), through its trustee DBS Trustee, has issued a statutory demand to Cathay Cineplexes for SG$3.4 million in outstanding rental payments, according to a Wednesday filing with the Singapore Exchange.</p><p>The demand relates to Cathay Cineplexes' former cinema premises at Jem shopping mall, which was previously operated by Cathay Cineplexes.</p><p>The demand requires Cathay to pay a contractual interest of 1% per month starting from the date the amount has been due until paid in full, according to a Wednesday filing by mm2 Asia (SGX:1B0) with the Singapore Exchange.</p><p>Cathay Cineplexes, an associated group of mm2 Asia, is currently seeking legal advice following the statutory demand.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lendlease Demands SG$3.4 Million from Cathay Cineplexes for Jem Rental Arrears</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLendlease Demands SG$3.4 Million from Cathay Cineplexes for Jem Rental Arrears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2025-07-02 10:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Lendlease Global Commercial REIT (SGX:JYEU), through its trustee DBS Trustee, has issued a statutory demand to Cathay Cineplexes for SG$3.4 million in outstanding rental payments, according to a Wednesday filing with the Singapore Exchange.</p><p>The demand relates to Cathay Cineplexes' former cinema premises at Jem shopping mall, which was previously operated by Cathay Cineplexes.</p><p>The demand requires Cathay to pay a contractual interest of 1% per month starting from the date the amount has been due until paid in full, according to a Wednesday filing by mm2 Asia (SGX:1B0) with the Singapore Exchange.</p><p>Cathay Cineplexes, an associated group of mm2 Asia, is currently seeking legal advice following the statutory demand.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6137","symbol_name":"零售房地产信托","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2548858290","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548858290","pubTimestamp":1751424383,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Lendlease Global Commercial REIT , through its trustee DBS Trustee, has issued a statutory demand to Cathay Cineplexes for SG$3.4 million in outstanding rental payments, according to a Wednesday filing with the Singapore Exchange.The demand relates to Cathay Cineplexes' former cinema premises at Jem shopping mall, which was previously operated by Cathay Cineplexes.The demand requires Cathay to pay a contractual interest of 1% per month starting from the date the amount has been due until paid in full, according to a Wednesday filing by mm2 Asia  with the Singapore Exchange.Cathay Cineplexes, an associated group of mm2 Asia, is currently seeking legal advice following the statutory demand.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6137":"零售房地产信托","BK6011":"零售业房地产投资信托","BK6512":"房地产股","1B0.SI":"MM2 ASIA LTD.","JYEU.SI":"Lendlease Reit","BK6505":"周期性消费品与消费者服务","BK6030":"电影和娱乐"},"translate_title":"Lendlease要求Cathay Cineplexes支付340万新元以偿还Jem租金欠款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"1B0.SI":0.9,"JYEU.SI":0.9},"content_text":"Lendlease Global Commercial REIT (SGX:JYEU), through its trustee DBS Trustee, has issued a statutory demand to Cathay Cineplexes for SG$3.4 million in outstanding rental payments, according to a Wednesday filing with the Singapore Exchange.The demand relates to Cathay Cineplexes' former cinema premises at Jem shopping mall, which was previously operated by Cathay Cineplexes.The demand requires Cathay to pay a contractual interest of 1% per month starting from the date the amount has been due until paid in full, according to a Wednesday filing by mm2 Asia (SGX:1B0) with the Singapore Exchange.Cathay Cineplexes, an associated group of mm2 Asia, is currently seeking legal advice following the statutory demand.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}