Cathay Pacific September 1946 as "Cathay Pacific Airways Limited", while another sister company The Roy Farrell Export Import Company (Hong Kong) Limited was incorporated on 28 August 1946 and chartered some flights of Cathay. According to "International Directory of Company Histories", forming two companies are for tax purposes. They named the airline "Cathay", the ancient name given to China, and "Pacific" because Farrell speculated that they would one day fly across the Pacific (which happened in the 1970s). Moreover, to avoid the name "Air Cathay" as it was already occurred in a comic. The Chinese name for the company ("") was not
Cathay Building the whole complex. Cathay Building and the Picturehouse would showed its last movie in 2000 before closing for redevelopment. The front facade of its theatre building structure was gazetted as a national monument for conservation on 10 February 2003, while the rest of the building structure was later demolished. Thus the new building incorporated conservation of the original art-deco façade of the 1939 and combined together with a modern-day design by Paul Tange of Tange Associates Japan and RDC Architects Pte Ltd Singapore. The Cathay as it is currently known, was opened on 24 March 2006. The building houses retail,