UPDATE 1-IMAX to install 5 digital theatres in Thailand

Fri Jun 18, 2010 8:04am EDT

* Signs deal with Major Cineplex

* Major Cineplex to open 2 theatres in Bangkok in October

June 18 (Reuters) - Canada's IMAX Corp (IMX.TO) said it received a contract from Thai cine operator Major Cineplex to install five IMAX digital theatre systems in Thailand.

Under the agreement, Major Cineplex will open two theatres in greater Bangkok by October 2010, IMAX said in a statement.

"The signing continues the very strong trend of adding more IMAX theatres in Asia this year," IMAX chief executive Richard Gelfond said.

IMAX shares closed at C$16.07 Thursday on the Toronto Stock Exchange. (Reporting by Gowri Jayakumar in Bangalore; Editing by Gopakumar Warrier)

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