Skycity Leisure Purchase Of Whangarei Cinema

Friday, 13 February 2004, 9:58 am
Press Release: Sky City

Settlement Completed On Skycity Leisure Purchase Of Whangarei Cinema

Cinema exhibition company SKYCITY Leisure Limited today announced that settlement of its acquisition of the Whangarei ‘Cinema City 5’ complex has been completed. SKYCITY Leisure’s wholly-owned subsidiary, SKYCITY Cinemas, has purchased the multiplex for $2 million.

The complex includes five cinemas and is the only multiple cinema complex in Whangarei, a city of more than 47,000 people.

SKYCITY Leisure Chairman David Gascoigne, said the acquisition signals an important development for the company.

“This cinema is the first cinema operation wholly-owned by SKYCITY Leisure. We look forward to working in Whangarei and while it will be business as usual in the foreseeable future, we will be investigating ways in which to develop the current complex to add value to the cinema experience for customers.”

SKYCITY Cinemas also operates 84 cinema screens throughout New Zealand in joint venture partnerships with Village Roadshow, Hoyts Cinemas and Rialto Entertainment.

SKYCITY

Auckland

Visit the very best of the city, SKYCITY - our premiere entertainment destination in the heart of Auckland's CBD.

Get a piece of the action in our world-class casino from a choice of over 100 table games or try your luck on the latest gaming machines.

For time out, take a moment to enjoy the breathtaking 360 degree views right across Auckland from the 328m tall Sky Tower or if it is adrenaline that you are seeking - take a walk around the top of the famous pergola or Sky Jump off!

There is also time for indulgence and pampering at SKYCITY. With an array of delicious cuisine from our restaurants and bars, including award winning recipes by acclaimed New Zealand chef Peter Gordon, you can also enjoy the luxuries of our 4 and 5 star hotels, with an array of entertainment right on your doorstep - there is something for everyone!

CONTACT SKYCITY

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