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theborneopost - 1 month ago

GSC purchases MBO Cinemas’ assets to strengthen leadership position

KUALA LUMPUR (March 4): 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 [...] The post GSC purchases MBO Cinemas assets to strengthen leadership position appeared first on Borneo Post Online.


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