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
Cathay Organisation Cineplex Jem and Cathay Cineplex Parkway Parade. Cathay Cineplexes is not part of the Cinematograph Film Exhibitors Association. On November 24, 2017 Cathay Cineplexes was acquired by mm2 Asia Ltd. Cathay Cineplexes runs 64 screens in 8 locations in Singapore currently. Hangout Hotels is a budget hotel chain of Cathay Organisation. Cathay Organisation Cathay Organisation Holdings Limited is one of Singapore's leisure and entertainment groups. It has the first THX cinema hall and digital cinema in Singapore. The group has operations in Singapore and Malaysia. Associated Theatres Ltd was established on 18 July 1935 in Singapore by Mrs Loke Cheng