 After Chua Cheng Bok's demise in 1940, his estate continued to administer the Coliseum until its acquisition in 1973 by a company owned by his nephew Dr Chua Boon Teck and his wife Mdm Khor Joo Saik.In 2006, the Malaysian government proposed to close the theatre and turn it into a cultural heritage centre, but relented when there was a public outcry to the scheme.The government later decided not to close the cinema.