AUSTRALIA’S Zip said on Thursday (Jul 20) it faced a jump in bad debts at home grounds, its biggest market by revenue, during the March-June quarter due to poor domestic consumer credit and discrepancies with third-party payment processors.
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Cathay Cineplexes faces fresh S$7.6 million repayment demand amid deepening debt crisis
This is the second statutory demand received this month by the embattled cinema chain and its parent firm, mm2 Asia.
