The deal to install 15 systems will make CJ CGV Holdings the second largest IMAX exhibitor in Asia and the fourth largest in the world.

CJ CGV Holdings is scheduled to install the first systems this year with the remainder to be completed between 2013 and 2017.

CJ CGV Holdings has installed 20 IMAX revenue share theatres in South Korea and 30 in China.

“Building on existing successful relationships is fundamental to our network growth strategy,” IMAX CEO Rich Gelfond said. “We are very pleased to expand our strong partnership with CJ CGV, China’s largest international exhibitor, to broaden our global footprint and bring The IMAX Experience to even more moviegoers in China.”