GSC purchases MBO Cinemas' assets to strengthen leadership position


KUALA LUMPUR: PPB Group Bhd's cinema arm Golden Screen Cinemas’ (GSC) acquisition of the majority of MBO Cinemas' assets is expected to contribute towards a healthy cash flow and strengthen its leadership position in Malaysia.

PPB Group managing director Lim Soon Huat said the exercise represented a strategic move and good opportunity to diversify GSC's revenue, especially with the timely vaccination rollout now happening.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Signature Alliance says entering 2026 with positive outlook on RM297.4mil order book
Kelvin Tan Aik Pen returns to Innoprise Plantations as managing director
Bursa Malaysia ends morning session easier
Malaysia's official reserve assets at US$124.12bil as at end-Nov 2025
MSC appoints co-group CEOs
Asian stocks set for strongest annual jump in eight years on AI bets
China's factory activity edges back to growth in December, private PMI shows
Oil slips as Brent heads for longest stretch of annual losses in 2025
Bursa Malaysia poised to wrap 2025 on a multi-year high
Ringgit opens higher as US$ slips after FOMC minutes

Others Also Read