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IMAX signs to build two cinemas in Philippines

IMAX Corp. and SM Prime Holdings, the largest mall operator in the Philippines, have signed a deal that will see two IMAX digital projection systems installed at shopping malls in the cities of Manila and Cebu. Both cinemas are expected to open by late 2009. SM already operates an IMAX cinema in Manila - installed in 2006 - that is the highest grossing screen in the country. Patrons pay as much as a 100 per cent premium for certain shows. In a statement, IMAX co-chairmen ...

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