25 Oct 2017

Acquisition of the remaining 50% equity interest in Dartina Development Limited

Partner Cynthia Goh, with Partners Elsa Chai, Lee Weilin, Rajesh Sreenivasan, Lina Chua, Nigel Pereira, Vikna Rajah and Associates Jacquelynne Baey, Cheryl Tay, Amelia Cheng, Angela Teng, Hazel Lim, Kenneth Thng, Timothy Ang and Alvin T'ng acted for Golden Screen Limited, a subsidiary of Hong Kong-listed Orange Sky Golden Harvest Entertainment (Holdings) Limited and an existing 50% shareholder of Dartina Development Limited, in its S$175 million acquisition of the remaining 50% shareholding in Dartina Development Limited from Village Cinemas Australia Pty Ltd, a subsidiary of Australia-listed Village Roadshow Limited. Dartina Development Limited is the holding company of four Singapore private companies, principally engaged in the business of owning, operating and managing cinema complexes and distributing motion pictures in Singapore under the "Golden Village" brand name.