Frasers Unit to Buy S$48 Million Yishun Cinema Complex From Golden Village

Frasers Property subsidiary to buy Golden Village Yishun for $48 mil

Frasers Property (FPL), through its wholly-owned subsidiary, Lion (Singapore), has bought the 1,477-seat Golden Village cineplex in Yishun, formerly known as Yishun 10, for $48 million. On June 2, FPL’s subsidiary entered into a sale and purchase agreement (SPA) with Golden Village Multiplex, an indirect wholly-owned subsidiary of Hong Kong-listed film production company Orange Sky Golden Harvest Entertainment. The cineplex is located on the sec…

Frasers unit to buy S$48 million Yishun cinema complex from Golden Village

A wholly owned subsidiary of Frasers Property has agreed to buy the Yishun cinema complex from Golden Village Multiplex and lease back the property to the cinema chain.

Frasers Buying Golden Village Yishun Theatre Near Singapore Mall - Mingtiandi

Just days after completing the sale of its remaining wing of a mall in northern Singapore to a REIT under its sponsorship, Frasers Property has acquired a cinema complex next to the shopping centre for S$48 million ($37.3 million). The... Read More>> The post Frasers Buying Theatre Complex Next to Northern Singapore Mall for $37M appeared first on Mingtiandi.