Cathay Pacific and became a successful businessman. Swire later acquired 52% of Cathay Pacific Airways. , the airline is still 45% owned by Swire Group through its subsidiary Swire Pacific Limited, as the largest shareholder. However, Swire Group also formed a shareholders' agreement with the second largest shareholder Air China (which was controlled by state-owned China National Aviation Holding), which Cathay Pacific and Air China had a cross ownership. In the late 1940s, the Hong Kong government divided the local aviation market between Cathay Pacific and its only local competitor, the Jardine Matheson-owned Hong Kong Airways: Cathay Pacific was allocated routes to
The Cathay The Cathay The Cathay is a mixed-use 17-storey cinema, shopping mall and apartment building located at Handy Road and Mount Sophia in the Museum Planning Area of Singapore. Owned and managed by Cathay Organisation, the original building was opened in 1939 as Cathay Building. In 2000, it was closed and partially demolished for redevelopment. Elements of the old Cathay Cinema, including its facade which was conserved as a national monument, together with a modern-day design by Paul Tange of Tange Associates Japan and RDC Architects Pte Ltd Singapore, were incorporated into the new building. The Cathay was opened on 24