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Adlabs Films + Lotus Five Star Cinemas Deal

May 5, 2008

Reliance ADAG’s Adlabs Films has entered into agreement for acquisition of majority and controlling interest in Lotus Five Star Cinemas and will be operating a 51 screen cinema exhibition chain in Malaysia.

The chain will have a footprint across the Malaysia and will be playing mainstream Hollywood films in addition to movies in the Indian languages viz. Hindi, Tamil, Chinese and Malay.

Adlabs currently has 160 screens operating in India. Its international presence, in addition to Malaysia, comprises 220 screens covering the East, Mid West and West Coast of USA as also Mauritius and Nepal.

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