Cineplex Galaxy Income Fund

Cineplex Galaxy Income Fund

September 17, 2009 07:00 ET

Sarabjit (Sabi) Marwah Joins the Cineplex Galaxy Income Fund Board of Trustees

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2009) -


The Board of Trustees of Cineplex Galaxy Income Fund (TSX:CGX.UN) are pleased to announce the appointment of Sarabjit (Sabi) S. Marwah, Vice-Chairman and Chief Operating Officer, Scotiabank, to the Board of Trustees. The appointment is effective September 17, 2009.

"Sabi is a tremendous talent with vast business experience in Canada and internationally. He will be a tremendous asset to our Board and will add great value to our business," said Ellis Jacob, President and CEO, Cineplex Entertainment.

In his role as Vice-Chairman and Chief Operating Officer for Scotiabank, Mr. Marwah is responsible for various key functions at the bank. Mr. Marwah has an Honours degree in Economics, a Master's degree in Economics and a Master of Business Administration (Finance) from the University of California (UCLA).

Mr. Marwah is a Trustee of the Board of The Hospital for Sick Children. He is also a member of the Board of Directors for the C.D. Howe Institute and several Scotiabank subsidiaries. He is a member of the 2009 United Way Cabinet and is active in several community organizations. He is Past Chair of the Humber River Regional Hospital, and was awarded the Queen's Golden Jubilee Medal for his contributions to Canada.

As the largest motion picture exhibitor in Canada, Cineplex Entertainment LP owns, leases or has a joint-venture interest in 129 theatres with 1,328 screens serving more than 63.5 million guests annually. Headquartered in Toronto, Canada, Cineplex Entertainment operates theatres from British Columbia to Quebec and is the largest exhibitor of digital, 3D and IMAX projection technologies in the country. Proudly Canadian and with a workforce of approximately 10,000 employees, the company operates the following top tier brands: Cineplex Odeon, Galaxy, Famous Players, Colossus, Coliseum, SilverCity, Cinema City and Scotiabank Theatres. The units of Cineplex Galaxy Income Fund, which owns approximately 99.6% of Cineplex Entertainment LP, are traded on the Toronto Stock Exchange (symbol CGX.UN). For more information, visit

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