Design of Death
Boisterous black village comedy is flawed by a weak structure and lack of a strong central core.
The Last Supper
Great looking but over-ambitious costume drama that fails to engage emotionally.
New Perfect Two
Vehicle for Taiwan singer Vic Chou is thin but okay, and very well packaged.
Cheng steps up at SMI
By Patrick Frater
Mon, 11 June 2012, 07:00 AM (HKT)
Chinese theatres and film investment group SMI Corporation Ltd 星美國際集團有限公司 has appointed Brian CHENG 鄭吉崇 as its CEO. QIN Hong 覃宏, who held the post until last week, will remain as group chairman and an executive director.
SMI said that it made the move in order to comply with Hong Kong stock market rules that require separation of powers with listed companies.
Cheng, already a vice president and executive director of the company, was previously the CEO of Beijing Gome Online Co Ltd 北京國美在線有限公司. His annual director's fee is set at RMB1.44 million ($229,000).
For the year to December 2011, SMI reported that revenues doubled to HK$736 million ($95.0 million). Net profits dropped by 19% to HK$100 million ($12.9 million) after substantially higher tax and depreciation charges.
SMI opened 22 new multiplexes with 153 screens in cities including as Beijing, Shanghai, Tianjin, Changsha, Hefei and Kunming. in 2011. These lifted its year-end total to 37 complexes with a total of 258 screens.