News & Reviews:   closure

MBO Cinemas has officially announced that it will cease operations permanently, marking the end of one of Malaysia’s long-running cinema chains. In a public statement shared with customers, the company said it was making the announcement with heavy hearts after many years of serving moviegoers across the country.

If you had been on social media, you must have noticed that many areas around Kuala Lumpur are flooded due to pouring rain. For that reason, Tenaga Nasional Berhad (TNB) has announced the closure of the power substations in these affected areas to ensure the safety of the people.

Last week, we reported that LG Electronics would quit the smartphone industry and it is now official. As posted in the company's newsroom, their mobile business unit will shut down and the decision was approved by its board of directors just earlier today.

Last year, MBO had announced the closure of all cinemas due to a declining financial state amid the pandemic. Now, GSC is also closing down cinemas but it's less serious. Instead of closing down all the cinemas, the company will cease operations of only the ones located at Cheras Leisure Mall and Berjaya Times Square.

It looks like there's another bad thing that we're going to add to the list of unfortunate events that happened in 2020. Today, it is reported that MBO Cinemas could be shutting down for good after facing a declining financial state during the pandemic.