MBO Cinemas Officially Bid Farewell With its Final Post Updated On Facebook
source mbocinema
As the country goes on MCO again, a number of businesses are not allowed to open during this period of time where a lot of businesses have been suffering since the very start of the MCO. With the recent, MBO Cinemas are bidding a final farewell to all netizens on Facebook. The post went up on Sunday, as the admin of MBO Cinemas Facebook page posted a status of “It’s Been a While. Signing out now” and with a goodbye sign.
Back in early March this year, it was revealed that Golden Screen Cinemas (GSC), which is owned by PPB Group Bhd, has acquired the majority of cinema assets from the operators of the MBO chain of cinemas. According to the report by TheEdge Markets, the acquisition comes amid the challenging environment for the cinema industry, which has been hit hard by the MCO. MBO currently has a total of 27 cineplexes across 10 states.
It’s been a while. 👋
signing out now.Posted by MBO Cinemas on Sunday, 9 May 2021
Back in early March this year, it was revealed that Golden Screen Cinemas (GSC), which is owned by PPB Group Bhd, has acquired the majority of cinema assets from the operators of the MBO chain of cinemas. According to the report by TheEdge Markets, the acquisition comes amid the challenging environment for the cinema industry, which has been hit hard by the MCO. MBO currently has a total of 27 cineplexes across 10 states.
source mbocinema