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 Organisation the first cineplex to introduce 24-hour movie screening in Singapore. Hangout Hotels was incorporated in this same year and opened its first "no frills, just fun" concept hotel; hangout @ mt emily. Cathay ACEL was renamed Cathay Ed-Ventures Pte Ltd in 2004 and shareholding was increased to 95% stake. Cathay Ad-House Pte Ltd was formed to provide advertising and marketing to the group's business units. More new initiatives were introduced by Cathay Cineplexes. A 24-hour movie express automated ticketing kiosk was opened at Orchard MRT Station and dispenses movie tickets at time of purchase. Cathay Cineplexes also introduced the first