MBO Cinemas sells limited edition merchandise to help with its financial crisis



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While you wait for movies to be shown steadily again on the big screen, MBO Cinemas is selling its merchandise that includes limited edition items.

This is happening today (Oct 30) from 4pm to 8pm at all MBO locations (except Klang, Space U8, Elements Mall Melaka, Seremban, Skudai, Brem Mall, and Kota Tinggi).

The sale is in line with the company’s new campaign #StayStrongMBOCinemas.

It was recently reported that MBO Cinemas is in a financial crisis due to the closing of cinemas due to a motion control order (MCO) for three months and the pandemic itself has practically paralyzed its operations.

So far, MBO Cinemas has closed 17 of its locations, and with the conditional MCO in place in Klang Valley and Sabah, only four MBO Cinemas locations are operating at this time.

In a video posted on social media, the new CEO of MBO Cinemas, Cheah Chun Wai, spoke about the drastic drop in audience attendance in cinemas and the film industry that was affected due to the pandemic.

He said, “Currently MBO Cinemas admission is roughly 10-15%, which means if we used to have 50 clients, now we only have two to three clients per session.”



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