IMAX Theatres to Close at the end of June 2010
Old Mutual Investment Group Property Investments (OMIGPI), in its capacity
as managing agent on behalf of OMLACSA (Old Mutual Life Assurance Company of
South Africa) has an agreement with Imax Corporation to operate two Imax
Theatres in South Africa, an agreement that terminates on 30 June 2010.
As
part of a drive to focus on core activities, OMIGPI has decided not to
continue directly operating the Imax Theatres past the expiry date of the
agreement. |
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