Phuong Nam Cultural to sell remaining stakes in CGV

Phuong Nam Cultural to sell remaining stakes in CGV

Phuong Nam Cultural Joint Stock Corporation has proposed a plan to shareholders to sell its remaining 7.5 per cent stake in CJ CGV Vietnam Co Ltd.
Phuong Nam divests 12.5 per cent of CJ CGV to pay off debts

Phuong Nam divests 12.5 per cent of CJ CGV to pay off debts

This would be Phuong Nam's quick fix for debts accumulated over the years.
CJ CGV Vietnam reports stellar 2017 performance

CJ CGV Vietnam reports stellar 2017 performance

CJ CGV Vietnam, the leading film distributor and movie theatre operator in Vietnam, made $122.7 million in revenue in 2017 with a market share of 47 per cent.