Complex sentence: In November 2008, a new partnership, including local filmmakers, announced that they had signed a ten-year lease with owner Stephen Ng, under which the Mayfair will reopen in January 2009 with a renewed emphasis on its repertory role.
Split into simpler sentences: In November 2008, a new partnership, including local filmmakers, announced that they had signed a ten-year lease with owner Stephen Ng. The Mayfair was thus able to reopen in January 2009 with a renewed emphasis on its repertory role.