Singapore’s Filmgarde to Close Indie Cinemas, Blames Changing Film Market

Filmgarde, an independent cinema exhibitor in Singapore, is to close two of its three cinema complexes. The company pointed to “changing trends in the film industry.” The company will allow its leases to lapse at Bugis Plus and at Century Square within the first quarter of 2022, entailing the closure of 14 screens. It also operates a third six-screen complex within leased premises at Leisure Park Kallang. Filmgarde company director Han Minli told Variety that Kallang would eventually cease to be a traditional movie house, but said that details of its future transformation are not yet ready to be disclosed…. Read Full Article