PPB Group Berhad (KLSE:PPB) recently quashed rumors that it was selling GSC. Group managing director Lim Soon Huat said while some parties had offered to buy the cinema franchise, PPB has no intention of selling. He further added,"There had typically been a lot of mergers and acquisitions within the entertainment landscape in Malaysia and we have been approached before by some parties looking to acquire GSC. "But, I can confirm that at this point, we are not selling the unit as the business is doing really good."