#SHOWBIZ: 7 production companies get Finas incentive
Its chief executive officer, Datuk Azmir Saifuddin Mutalib, said the incentive handover was made after all the films had been screened in cinemas through the Compulsory Screening Scheme.
"The presentation of this incentive is intended to encourage local filmmakers to continue contributing their work to the development of the country's creative industry.
"Through this incentive programme, Finas also provides about five per cent incentives for any local film that enters the Compulsory Screening Scheme based on ticket collections achieved in cinemas nationwide.
"This is a Finas initiative so that local production companies can produce the next film to encourage producers to produce box office works with higher collections.
"However, the constraints that are currently in place are the high entertainment duties. This incentive is also to reduce the burden on local producers," he said.
The seven production companies that received the incentives were MIG Pictures Sdn Bhd, Fiesk Sdn Bhd, Scifilm Sdn Bhd, Hug Pictures Sdn Bhd, Empire Film Solution Sdn Bhd, Sistem Televisyen Malaysia Bhd and Mangkin Prestif Sdn Bhd.
The nine films that are eligible for the incentive are 'Jangan Pandang Belakang: Aku Tahu Asal Usulmu', 'Takafur', 'This Land Of Mine', 'C 4 Cinta', 'Lubuk', 'Danum', 'Reeza', 'Papa' and 'Dajal: Satu Malam Dipedajal'.
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