The cineplex is located on the second to fourth floors at 51 Yishun Central 1, next to the Northpoint City mall. It has a carrying value of around $45.1 million.
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.
