arrears

Aussie lender NAB’s cash earnings fall on high arrears and costs, shares tank
Aussie lender NAB’s cash earnings fall on high arrears and costs, shares tank
February 19, 2025
NATIONAL Australia Bank (NAB), the country’s biggest business lender, said first-quarter profit slipped as competition for customers ate into margins and more borrowers fell behind on repayments, sending its...
Final curtain for Cathay Cineplexes at West Mall as struggling chain exits after settling S million rent arrears
Final curtain for Cathay Cineplexes at West Mall as struggling chain exits after settling S$12 million rent arrears
February 18, 2025
ROLL the end credits – beleaguered cinema chain Cathay Cineplexes is closing its West Mall outlet on Thursday (Feb 20), the same day its lease at the Bukit Batok...
Cathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line
Cathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line
February 13, 2025
DELAYED rental payments by cinema operator Cathay Cineplexes to its landlord Frasers Centrepoint Trust (FCT) will not significantly impact the trust’s bottom line. Nevertheless, this could indicate a “structural...