Golden Village was established to develop and operate modern, multiplex cinemas, as a 50:50 joint venture between Golden Harvest (now Orange Sky Golden Harvest) of Hong Kong and Village Roadshow of Australia The cinema's first operation in the country was on 28 May 1992, with the successful opening of the Yishun 10 complex. Subsequently, it opened more cinemas in Bishan, Tiong Bahru, Boon Lay, Tampines, Marina Square and Plaza Singapura. In 1998, it joined hands to open a cinema at Great World City, GV Grand, with six screens including a Gold Class hall. During the early 2000s, one of the halls was converted into an IMAX theatre, but it closed down in 2004 due to low patronage. It also used to operate at Eastpoint Mall during the early 2000s, but was closed due to low patronage too. In late 2006, it opened GV VivoCity, the largest multiplex in Singapore with 15 screens, including 3 Gold Class screens and GV Max, one of the largest cinema auditoriums. Its current flagship cineplex is located at Suntec City with 11 screens including 3 Gold Class screens, taking over the space previously occupied by WE Cinemas and The Rock Auditorium.