CFM Announces Opening of Paradise Cinemas in PNG

CFM Announces Opening of Paradise Cinemas in PNG

Stqlementlo the SouthPocificSlock Exchonge
COMMUNICATIONS
FIJILTD(CFM)ANNOUNCES
OPENING
OF PARADISE
CINEMASIN PAPUANEWGUINEA
2lsrFebruory2012
co mmu n i co ti o n sF i j iL imited( cFM ) onnounced todoy thot popuo N ew
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Guineos firstcinerno multiplexPqrodiseCinemos will open ihis Thursdoy,
Februory2310.The complex comprisingthree cinemos will open on the
third floor in the VisionCity Mego Moll in PortMoresby.
The multiplexis owned ond operotedby PorodiseCinemosLld, o joint
venture between PNG FM Limited (o cFM fully owned subsidiory),
DomodorBrothers
FijiLimitedond the Ciiy PhormocyLtdgroup.
. The complex feotures stote of the qrt 3D lechnology ond is fully digitol
o n d i n cl u d e sth e P q ci fic' sfir stpr em iumclosscinem o. "Uo untilnow t her e
h o s b e e n o l o ck o f fomily enter toinmentoptions in Por t Mor esby ond
Communications
Fiji Limited
parentcompany
of:
Fiji:FM96,Legend,
Navtarang,
RadioSargam,
VlTlFM,
TotalEventCompany
& Fijivillage.com
PNG:NauFM& YumiFM
SUVA
HEAD
OFFICE
231Waimanu
Rd,
Suva,Fiji.
PrivateMailBag,Suva
(673)3314766
Telephone:
Fax:(679)3303748
Emai[ info@fm96.com.[
Webslte:fijivillage.com
Porodise cinemos fills this importont hole in the morket". soid cFM
Mo n o g i n g D i re cto r,Wi lliomPor kinson.
Excitemenf is building ond bookings hove olreody been received for
opening screenings,not only from residentsof port Moresby bul olso
movie fons from oround PNG who ore plonning to fly in to go to the
movies. "Being the first of its kind, development hos been o leorning
experience but we see thisos the firsiof o choin of complexesond once
op e ro ti o n o f th e V i si on' Citycomplex is settledin, we will be lookin g for
ne w o p p o rtu n i ti e s"so
, id Mr Por kinson.
LAUTOKA
GmdFlr,SugarCaneGrowers
Council
Bldg,DrasaAvenue
Lautoka,
Fiji
(679)6664966
Telephone:
Fax (679)6664996
LABASA
10Rosawa
Street
Labasa,
Fiji
(679)8812791
Telephone:
Fax (679)881
2177
- Fiji's Homeon the WorldWideWeb
wrvw.fijivillage.com
Theopeningof the cinemoswillolsosee PNGFMLTDlounchingCinemADs
PNG
thot willoperoteon o similorbosisto its Fijibosedcounterportond providePNG
FMwith o new profitcentre."Eorlyresponselooksvery posiiiveond we expect
thisto be verysuccessful",
odds Mr Porkinson.
PNG FM LTDhos investedK1,000,000
in reiurn for its 33.3%stoke in Porodise
Cinemosond CFM will'provide o deioiled stotementon performonceond
returnson investmentof the compony'snextbrokersbriefingin April.
Formore informotion,pleosecontoct Mr Porkinson
on phone 3314766or emoil
williqm@fm96.com.fj
or JyotiSolonki,Group FinonciolControllerond Compony
Secretory
on the somenumberor emqiliyoti@cfl.com.fj.
fu,h*
WILTIAMPARKINSON
JYOTISOLANKI
Monoging Director
Compony Secrelory