CINEMAS RECEIVE SUBSIDIES

25-1-2022

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The Cinemas Subsidy Scheme under the fifth round of the Anti-epidemic Fund received applications from 64 eligible cinemas and the relevant subsidies were disbursed today.

The scheme, which opened for applications on January 18, seeks to provide a one-off subsidy of $50,000 per screen to each existing cinema licensed as a place of public entertainment with commercial operation in December 2021.

The maximum subsidy for a cinema circuit is $1.5 million.

All the eligible cinema operators applied for the scheme.


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