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They say this will enable exhibitors to provide affordable ticket prices as well.
KUALA LUMPUR: PPB Group Bhd is expected to perform better in the second half (H2) of its financial year underpinned by improved performance in its business divisions.
UOB Kay Hian said that there appeared to be pent-up demand for the cinemas with long queues and large crowds in some cinemas in Klang Valley recently.
EPF, Genting Malaysia, AirAsia, China’s Nine Dragons among summary of top stories last week
KUALA LUMPUR: The latest acquisition of MBO Cinemas by PPB Group Bhd will allow the group to diversify into new growth areas and expand its revenue streams.
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.
Golden Screen Cinemas signs a deal to acquire the majority of cinema assets from operators of the former MBO cinema circuit.
With gyms and casinos allowed to operate even during this MCO, film exhibitors are hoping government will allow cinemas to reopen as well.
Two film exhibitors have confirmed that cinema will be operational on Dec 16 onwards at locations under RMCO.
The cinema operator is having a sale of its merchandise inclusive of limited edition items today (Oct 30).