Businessman William Kwan Wai Lam revealed to reporters on Saturday that unit owners of Centro Comercial Teatro Capitol, known as Kuok Wa Cinema in Rua de Pedro Nolasco da Silva, have agreed in principle to renovate the property into a mall and cinema complex. The original cinema in the property has been abandoned for years. Mr. Kwan, who is one of the unit owners, claimed that he will co-operate with the property management committee to turn the cinema into a base for local culture and creative industry, by screening micro-films produced by local filmmakers. The planned renovation is estimated to take one year.
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