Galaxy Cinema mobilised capital from bond issuance

Galaxy Cinema mobilised capital from bond issuance

As cinemas across the country are in adversity due to COVID-19, Galaxy Cinema approached bond issuance as a solution to maintain performance.
OTT takes advantage of cinema slump

OTT takes advantage of cinema slump

National social distancing measures are dragging CGV and other cineplexes down, causing substantital losses.
Trade centers and playgrounds abandoned over weekend

Trade centers and playgrounds abandoned over weekend

People avoided trade centres, cinemas, and playgrounds even during the weekend due to worries about the novel coronavirus.
Phuong Nam wishes to divest all its CGV stakes at low price

Phuong Nam wishes to divest all its CGV stakes at low price

Phuong Nam's divestent from CGV is rather unusual as the price is only a fraction of what it is worth now, but the company is hard-pressed to pay off debts.