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Cinema operators want entertainment tax to be abolished for betterment of industry
They say this will enable exhibitors to provide affordable ticket prices as well.
PPB likely to see improved performance in H2
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.
Robust demand seen for consumer-related products
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.
Summary of business stories March 1 to 7
EPF, Genting Malaysia, AirAsia, China’s Nine Dragons among summary of top stories last week
PPB’s purchase of MBO Cinemas to accelerate growth
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.
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.
Malaysia's largest cinema operator GSC acquires MBO
Golden Screen Cinemas signs a deal to acquire the majority of cinema assets from operators of the former MBO cinema circuit.
Local film exhibitors urge government to reconsider the opening of cinemas
With gyms and casinos allowed to operate even during this MCO, film exhibitors are hoping government will allow cinemas to reopen as well.
Cinemas reopening at RMCO locations in Malaysia on Dec 16
Two film exhibitors have confirmed that cinema will be operational on Dec 16 onwards at locations under RMCO.
MBO Cinemas sells limited edition merchandise to help with its financial crisis
The cinema operator is having a sale of its merchandise inclusive of limited edition items today (Oct 30).
