![]() The company operates other business such as providing content, film distribution and Entertainment Park through its subsidiaries. The company is engaged in the business of film exhibition. PVR is the largest and the most premium film and retail entertainment company in India. The completion of the proposed investment is subject to receipt of relevant corporate and regulatory approvals. The board of directors of PVR in its meeting held on Novemapproved the proposed investment and the strategic partnership between PVR and iPic, which will give PVR valuable exposure in the cinema exhibition market of USA. PVR has agreed to acquire a minority stake in iPic-Gold Class Entertainment, LLC (iPic), America’s premier luxury restaurant-and-theater company, which owns and operates 16 luxury theaters with 121 screens across 10 states in the United States. The promoters holding in the company stood at 20.25%, while institutions and non-institutions held 67.81% and 11.93% respectively. The current market cap of the company is Rs. Last one week high and low of the scrip stood at Rs. The BSE group 'A' stock of face value Rs. So far 11245 shares were traded on the counter. 1405.00 and has touched a high and low of Rs. ![]() 1419.25, up by 28.75 points or 2.07% from its previous closing of Rs. The Mubadala-IPIC merger is an example of how much both good and not so good reputations can impact the business.PVR is currently trading at Rs. It’s not only communicators who need to understand that every action will impact organizational reputation (leaders of listed companies know all too well what public sentiment can do to the stock price, and their jobs). In contrast, Mubadala has a strong brand, helped in part to the leadership of its management and financial transparency. In addition, the departure of its previous CEO and dealings in its investments such as Arabtec have also contributed to reputation all issues. The analyst that Reuters spoke to argued that IPIC’s reputation was hit by the issue in Malaysia. While unlikely to impact these proceedings, the sovereign wealth fund analyst said the scandal had undermined IPIC’s reputation and so a tie-up with Mubadala, which is considered one of the better-run state investment funds in the region, would be beneficial. It provides visionary entertainment escapes, chef-driven culinary, and mixology offerings. The Abu Dhabi fund has asked a London court to arbitrate in a dispute with the Malaysian state fund over a debt restructuring in which IPIC is claiming about $6.5 billion. engages in the operation of dine-in theater. During the day the stock fluctuated 0 from a day low at 0.0001 to a day high of 0.0001. ![]() IPIC is also in the midst of a row with 1MDB. Close price at the end of the last trading day (Wednesday, 8th Jun 2022) of the IPIC stock was 0.0001. Reuters had another interesting take on the merger, which I’ll copy from the article. The deal between Mubadala and IPIC would create a combined fund worth US$135 billion according to Reuters. At a time of budget tightening due to low oil prices, the merger promises to bring about significant cost savings according to media reports. In Abu Dhabi last week news broke about a merger between two government-owned investment vehicles. It’s an intangible, an idea which is often best understood at the most inappropriate time (in other words, during a crisis). The concept of reputation, which can be defined as how much stakeholders trust organizations, is often difficult to measure.
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