trending Market Intelligence /marketintelligence/en/news-insights/trending/ah8dz9mnhn-r_rx13-ofzw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Korean theater chain boosting stake in Indonesian cinema operator

Mining Exploration Insights – May 2020

Essential Energy Insights - May 14, 2020

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Credit Analytics Case Study: Provogue (India) Limited and Shree Renuka Sugars

Korean theater chain boosting stake in Indonesian cinema operator

South Koreanmovie theater chain CJ CGV is planning to increase its stake in 'sGraha Layar Prima, operator of the CGV Blitz cinema chain, the Jakarta Globe reported July 23.

According to the report, the -owned CJ CGV has set asideabout $25 million to buy 50.6 million shares in Graha Layar Prima by Aug. 1, atransaction that would amount to more than half of the company's 99.3 millionClass C shares. The Korean multiplex chain currently holds a14.75% stake.

This move comes after the Indonesian governmentreportedly eased foreign ownership rules for cinema operators in the country,allowing overseas companies or individuals to own up to 100% of local movietheater chains.