China firms set to invest RM3bil in cinema sector


From left: Tourism Malaysia southern region director Solehuddin Ahmad, Golden Shield Television deputy director Chen Jie, Moths Studio founder Tong Bing Yu, Changsha LeFeng Culture Communication Co Ltd chairman Shi Cai Wen, and Profima president Capt Khir Mohd Noor during the memorandum of understanding signing ceremony held at Forest City in Johor on Dec 3.

ISKANDAR PUTERI: Malaysia is set for a major boost in the cinematic world after China is poised to invest an accumulated RM3bil over the next five years.

China’s Golden Shield Television Centre and Changsha LeFeng Culture Communication Co Ltd (LeFeng) is partnering Malaysia’s Moths Studios Sdn Bhd to produced a series of multiple cultural entertainment projects including movies, dramas, programmes, events and many others.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , firms , invest , RM3bil , cinema , sectorMoth Studios ,

Next In Business News

CPO to trade around RM4,000 a tonne in 2026, according to Kenanga
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
Rakuten Trade raises FBM KLCI year-end target, sees stronger earnings and fund flows
Genting Plantations unit fined RM96.6mil by Indonesian authorities
US clears FGV to export palm following WRO modification
NEV sector surging full steam ahead
FBM KLCI dips after five-day rally, poised to end on a weekly gain
Advance estimate puts Malaysia's 4Q GDP at 5.7%
Applications open for Jelawang Capital's next Emerging Fund Managers' programme
Oil flat as chances of US strike on Iran recedes

Others Also Read