SAN FRANCISCO (AP) — Imax Corp. said Tuesday that it plans to build two of its big-screen theaters in Jakarta, Indonesia through a deal with Indonesia’s biggest movie theater chain, Cinema 21.
Imax said the first digital theater is to be installed in Gandaria City, South Jakarta in May. The second is to be built in Jakarta by 2013.
As of the end of September, Imax had 583 theaters operating in 48 countries.
Imax shares fell 19 cents to close at $21.24.