Singapore Government Invests $260 Million in Indonesian Cinema Chain

Singapore sovereign wealth fund, GIC has invested US$260 million (IDR3.5 trillion) in Nusantara Sejahtera Raya, Indonesia’s largest cinema operator. The company operates the Cinema 21, Cinema XXI and The Premiere brands and controls the majority of the massive nation’s cinemas. It is also comnected to the companies that sub-distribute movies on behalf of all six... Read more »

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