Saimira goes to China

Pyramid Saimira Theatre Ltd., (PSTL) one of the fastest growing entertainment cooperation, has signed a Memorandum of Understanding with China Society Music Research Board (under the Ministry of Culture of the People's Republic of China) recently. According to the MoU, the company will operate theaters, distribute films and other entertainment based activities through a new banner called 'The Jiangsu Pyramid Longzhe Group' in China and Hong Kong.

Pyramid Saimira is the first corporate entity from India to foray into China. Already the company owns 50 plus theaters in the Communist land and and will hereafter distribute Indian films throughout the country.