Is Ster Kinekor closing down?
Is Ster Kinekor closing down?
Ster Kinekor said it is now being forced to close its doors again in line with the new lockdown regulations from 28 June. Ster-Kinekor is currently in business rescue and the group warned that the impact of the current lockdown will have a devastating impact on the business.
Are the movies open in South Africa 2021?
“Nu Metro cinemas have been open on a daily basis since 4 December 2020. From Monday, 11 January 2021, our cinemas will only be operational on Fridays, Saturdays and Sundays, and on public holidays – as part of the company’s responsible business strategy to ensure the future sustainability of the business,” it said.
Who owns Ster-Kinekor SA?
EY South Africa partner Stefan Smyth has been appointed as business rescue practitioner. TechCentral understands that Ster-Kinekor, which was owned by Primedia until 2018, is owned by the Mineworkers Investment Company, Ethos Private Equity, Rand Merchant Bank and Old Mutual.
What movies is showing at Ster-Kinekor?
MATRIX RESURRECTIONS, THE. SING 2. SPIDER-MAN: NO WAY HOME. 48 HRS JHB 2021 GROUP C. 48 HRS JHB 2021 GROUP B. CLIFFORD THE BIG RED DOG. SWORD ART ONLINE: PROGRESSIVE -ARIA OF A STARLESS. WEST SIDE STORY. HOUSE OF GUCCI. RESIDENT EVIL:WELCOME TO RACCOON CITY. TIME IS UP. ENCANTO. VENOM: LET THERE BE CARNAGE. MY SON.
How much is a combo at Ster-Kinekor?
How much a movie and popcorn will cost you during stage 2 lockdown
| Ticket + Food Price | Nu Metro | Ster-Kinekor |
|---|---|---|
| Standard Ticket (2D) | R85 | R98 |
| Standard Combo | R83.50 | R90 |
| Total Price | R168.50 | R188 |
Is Ster-Kinekor in business rescue?
Ster-Kinekor reports ‘stable’ cinema conditions, but remains in business rescue. Due to funding into the business and now the ongoing generation of cash which has allowed for continued trading while options are assessed, Smyth remains of the view that there are reasonable prospects of rescuing the company.
