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.