FilingReader Intelligence
Golden Harvest sells Singapore cinema property for S$48m
July 22, 2025 at 05:06 PM UTC•By FilingReader AI
Orange Sky Golden Harvest Entertainment's subsidiary Golden Village Multiplex agreed to sell its Yishun 10 cinema property for S$48 million, with a potential S$2 million adjustment.
The company will lease back the property for 18 months at rent equal to 10% of monthly gross sales. Proceeds will repay bank loans and boost working capital.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
HKEX:1132•Hong Kong Exchange
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