Oct 2 (Reuters) - Village Roadshow Ltd (VRL)
- Sale of stake in Golden Village Singapore
- Net proceeds to VRL are anticipated to be about A$165 million, realising a net profit after tax of about A$150 million
- Proceeds of sale will initially be used to reduce VRL's debt levels
- Signed agreement to sell 50 percent stake in Singapore Cinema Exhibition Business, to Orange Sky Golden Harvest Entertainment
