Things don’t seem to be looking positive for cinema chains recently, with many outlets closing down in the past few months. Just this week, local cinema chain mmCineplexes announced that it’s closing all its outlets after its parent company was placed into voluntary liquidation.
On 23rd September 2025 (Tuesday), mmCineplexes issued a notice of creditors’ voluntary liquidation through their social media accounts. The letter explains that the cinema chain’s parent company, mm2 Screen Management Sdn Bhd, was placed under creditors’ voluntary liquidation. As a result, all thirteen mmCineplexes outlets nationwide will cease operations with immediate effect.
The notice also shared details about the…