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MBO Forcing To Shut Down For Good Due to Covid Crisis?

Credit: ayueidris | thestar

 

Seriously?! MBO is my favourite cinema..Sad 🙁

On Oct 12, MBO Cinemas put up a notice saying 17 locations nationwide are closed until further notice. But, in fact most of these cinemas are located outside of the areas affected by CMCO.

Good day everyone, as we venture further into 2020 with the number of rescheduled blockbuster titles and fluctuating…

Posted by MBO Cinemas on Isnin, 12 Oktober 2020

On its Facebook page, the third largest cinema chain operator in the country posted this message: “… as we venture further into 2020 with the number of rescheduled blockbuster titles and fluctuating number of local cases, we have decided to close these cinemas temporarily until further notice.”

The move received a lot of comments from netizens with most of them sad with the decision.

▼ Some wondering are they going to shut down for good?

▼ One netizen also wondering if MBO admin will lost his/her job.

 

According to The Edge,  MBO Cinemas is facing liquidation due to cash flow problems stemming from the MCO that has been in place since Mar 18 due to the Covid-19 pandemic. Anyhow, there is no official word on MBO Cinemas closing down for good yet.