C CGV, a company that is one of the world’s top ten cinema exhibitors and is also a major cinema technology developer, is to raise close to $800 million in order to shore up its finances after a de…
C CGV, a company that is one of the world’s top ten cinema exhibitors and is also a major cinema technology developer, is to raise close to $800 million in order to shore up its finances after a devastating COVID era.and has significant numbers of screens in Vietnam, Indonesia, Turkey and mainland China, with smaller operations in Myanmar and the U.S.
The company said on Tuesday that its board of directors had approved a capital increase of KRW570 billion that will take the form of a rights issue to ordinary shareholders. The diversified foods to fertilizers conglomerate CJ Group is’s largest shareholder, but the cinema company has its own share listing. CJ Group said that it will take up its right and subscribe for the offer.
Before the pandemic, South Korea had one of the world’s highest rates of per capita cinema attendance, making the mid-sized nation with some 50 million population, the world’s fourth largest box office market.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
How To Better Serve Black Consumers And Improve Your Bottom LineBlack Americans will spend $800 billion more on consumer products in 2030 than they did almost decade before, according to McKinsey.
Weiterlesen »
How To Better Serve Black Consumers And Improve Your Bottom LineBlack Americans will spend $800 billion more on consumer products in 2030 than they did almost decade before, according to McKinsey.
Weiterlesen »
How To Better Serve Black Consumers And Improve Your Bottom LineBlack Americans will spend $800 billion more on consumer products in 2030 than they did almost decade before, according to McKinsey.
Weiterlesen »
Global Cinema Admissions Won’t Rebound Even By 2027, Though Revenue Will, PwC ForecastsThe accounting firm's annual entertainment report predicts admissions will reach 7.2 billion in 2027, but helped by higher ticket prices, cinema revenue will reach pre-COVID pandemic levels by 2025.
Weiterlesen »
South Korean city officials clash with police at protest against LGBTQ festival | CNNScuffles broke out in the South Korean city of Daegu on Saturday as local officials led by the mayor clashed with police during a protest against an LGBTQ festival.
Weiterlesen »
Korean Crime Thriller ‘Bargain’ wins Critics’ Choice Award at Seriencamp – Global BulletinAWARD Paramount+ and Tving’s Korean series “Bargain” has won the critics’ choice award at the Serien Camp Festival in Cologne. In April, “Bargain” became the fir…
Weiterlesen »