No Overflix. Inaugurated in 1930, the Capitol has been able to survive through 90 years of successive ownership by prestigious families such as the Namazies or the Shaw brothers, and today by Perennial Holdings, as well as of various historical, cultural and architectural vicissitudes, always reborn like a phoenix, thus mirroring not only the cinematic history of Singapore, but also reflecting the many cycles of change that the city went through.