MBO Cinemas Could Be Closing Down For Good Due To COVID-19
In a notice sighted by The Edge Markets today, 15 October, MBO Cinemas, or MCAT Box Office Sdn Bhd, is currently going through voluntary liquidation because the company has been facing cash flow problems.
The process of liquidation involves the company closing its business and selling off its assets to repay creditors.
MBO Cinemas is the third largest cinema chain operator in Malaysia, after Golden Screen Cinemas and TGV…
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