Midvalley Entertainment invest $20,225 in its Malaysian subsidiary

Midvalley Entertainment has made investment in the tune of $20,225 in its wholly owned overseas subsidiary Midvalley Entertainment (M) Sgn Bhd, Malaysia.

Recently, Midvalley Entertainment had incorporated its overseas subsidiary company at Malaysia named as ‘Midvalley Entertainment (M)’. In April, Midvalley Entertainment’s board had approved the incorporation of the following subsidiary companies - Midvalley Hospitality, Midvalley Entertainment International and Midvalley Contents.

Midvalley Entertainment is engaged in film production, distribution and exhibition in South India. The company entered into film exhibition business in 2006. The company has entered into screening agreements with 46 theatres running under its banner as on June 2010.