Bruce Lee Film Studio Weighing Sale of Singapore Cinemas, Sources Say
- Orange Sky seeking at least $400 million valuation for assets
- Hong Kong-listed firm working with advisers on potential deal
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Orange Sky Golden Harvest Entertainment Holdings Ltd. is considering selling its movie theaters in Singapore and Taiwan and seeking a valuation of at least $400 million for the assets, according to people familiar with the matter.
The Hong Kong-listed company is working with advisers on the potential divestment and has reached out to potential investors, the people said. The filmmaker may also consider selling its cinemas in Hong Kong, depending on investor response, the people said.