CJ CGV Co., Ltd. acquired the remaining stake in 47.77% stake in Bosphorus Investment Co.,Ltd. for approximately KRW 270 million.
May 30, 2021
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CJ CGV Co., Ltd. (KOSE:A079160) acquired the remaining stake in 47.77% stake in Bosphorus Investment Co.,Ltd. for approximately KRW 270 million on May 24, 2021. As a part of the transaction, 29 million shares were acquired. Post closing of the transaction, CJ CGV owns 60.7 million shares representing 100% stake in Bosphorus Investment.
CJ CGV Co., Ltd. (KOSE:A079160) acquired the remaining stake in 47.77% stake in Bosphorus Investment Co.,Ltd. on May 24, 2021.
CJ CGV Co Ltd is a Korea-based company mainly engaged in the operation of the movie theaters. The Company operates theaters to provide entertainment platform linked to shopping, dining and entertainment. Movie theaters include general movie theaters, as well as format theaters such as CINE de CHEF, Gold Class, 4DX, image max (IMAX) theaters. The Company is engaged in the sale of tickets, screen advertisements, equipment, as well as the operation of snack bars. In addition, the Company is involved of the consignment operation of the sites. The Company operates movie theaters within the domestic market and to overseas markets, including China, Turkey, Vietnam, Indonesia, Myanmar and America.
CJ CGV CO., LTD. 
