Village Roadshow blocks share placement to studio investors

PUBLISHED : Wednesday, 24 June, 1998, 12:00am
UPDATED : Wednesday, 24 June, 1998, 12:00am

Village Roadshow has secured an injunction temporarily blocking film distributor Golden Harvest's planned $56 million share placement to Rupert Murdoch's 20th Century Fox, Robert Kuok's Kerry Holdings, and Li Ka-shing. The deal would have given the trio a 20 per cent stake in Golden Harvest.