Singapore's GIC to invest $260m in Indonesian cinema operator NSR

Singapore's GIC to invest $260m in Indonesian cinema operator NSR

PT Nusantara Sejahtera Raya (NSR), which operates the Cinema 21, Cinema XXI and The Premiere brands in Indonesia, has entered into a strategic partnership with GIC, Singapore’s sovereign wealth fund, to further anchor the leadership position of NSR and to set up the company for the next stage of growth.

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