Child charged with bullying, Zara Qairina: Reason behind Malaysia's law concealing identities of minors in court proceedings

The Straits Times has reported today that there are no relevant search results providing information about the largest creditor of Pocket Cinema, the company behind indie cinema The Projector, or the current status of claims against this creditor.

Pocket Cinema, incorporated in 2014, has disclosed debts of over S$1.2 million, according to records seen by The Straits Times. The list of creditors includes the company's own directors, shareholders, and film distributors, as well as 2,295 members with unexpired subscriptions, who together are owed more than S$89,000. The biggest debt is owed to Overseas Movie (Private) for S$382,888.

The financial statements for Pocket Cinema ceased after 2017, according to the same records. Co-founders Karen Tan and Blaise Camille Trigg-Smith are owed over S$120,000 and S$100,000 respectively. It's worth noting that the paragraph does not provide information about the debts owed to specific creditors such as Overseas Movie (Private) or the co-founders.

In the beginning, Pocket Cinema made losses but briefly turned a profit before 2017. The Projector, which closed on August 19, cited rising costs, changing viewing habits, and global declines in cinema attendance as reasons for its closure. The 10,000 sq ft space of The Projector at Golden Mile Tower was recently listed for rent at S$33,000 a month.

A creditors' meeting has been scheduled for August 29, but the paragraph does not provide information about the creditors' meeting. One customer held 16 unused tickets at The Projector, and the cinema had approximately S$14,300 in refunds pending for unused tickets.

The financial situation of Pocket Cinema was not disclosed in the paragraph. The Straits Times reported this information today, citing an email sent to creditors.