IMAX China says two PE investors sell 5.9 pct stake

HONG KONG, April 6 (Reuters) - IMAX China Holding Inc

, which operates and installs cinema systems, said on

Thursday two private equity investors had sold an aggregate 5.9

percent stake to a "prominent" international investment bank,

helping to increase liquidity in the market.

The subsidiary of large-format movie and cinema screen giant

IMAX Corp said CMC Capital Partners and FountainVest

Partners sold the company shares at HK$39.72 apiece, without

giving further details.

CMC will remain a key partner of the company and a strategic

investor in the IMAX China Film Fund and IMAX VR Fund, the Hong

Kong-listed firm said.

Shares of IMAX China, which has a market value of $1.92

billion, rose 4.5 percent to close at HK$41.80 on Wednesday.

In February, the film company reported a steep fall in

profits for 2016 amid a slump in Chinese box-office sales,

underlining the challenge filmmakers and cinema operators face

in the world's second-largest economy.

($1 = 7.7692 Hong Kong dollars)

(Reporting by Donny Kwok; Editing by Richard Pullin)