Anga IMAX have refuted claims that they are closing down. Earlier, the landlord of the Century plaza published a notice on local newspapers, directing the auction of property from the cinema hall over rent arrears from the IMAX 20th century cinema situated on mama Ngina Street within Nairobi’s CBD.
In a statement sent to newsrooms, the owners of the theatre accused the landlord for insertion of an auction notice which they got from a Nairobi court without informing them while negotiations were still ongoing.
“It is shocking that the landlord insists on closing us down and auctioning our property,” part of the statement reads.
The Anga IMAX management notes that the rent total being demanded by the landlord is undecided and has accumulated through the pandemic period and a huge part is money paid up front till august.
“The landlord holds a deposit in cash of twice the amount he seeks to recover at the auction,” they appealed.
They guaranteed their lenders, clients and business associates that their advocates were following the issue in court and trusted that the two parties would end the stalemate.
The last week’s auction advert on local newspapers had asserted that the cinema hall had rent arrears that ran for months.
“Under instructions received from our client, we shall sell by public auction the undermentioned goods on Wednesday 15th July, 2020 at 20th Century Plaza, Nairobi CBD at 11 am,” part of the notice read.
Some of the cinema assets set for the auction as per the notice will include a wide range of movie theatre assets including retractable seats, projectors, TV sets, power back-up units, roof and wall mounted speakers.
The wider cinema industry across the wold is facing a challenging time due to COVID-19. The 20th century theatre has been closed since March when the first infection in the country was reported.