DOCSLIB.ORG

3E.Major P.1-67

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
3E.Major P.1-67 Major Cineplex Group Public Company Limited Major Cineplex Group Public Company Limited Major Cineplex Group Public Company Limited 1839, 1839/1-6 Phaholyothin Road, Ladyao, Jatujak, Bangkok 10900, Thailand Tel : +66 2511 5427-36 Fax : +66 2511 5752 Annual Report 2016 http://corporate.majorcineplex.com http://www.majorcineplex.com Annual Report 2016 Financial Highlights As of December 31 2014 2015 2016 Revenue Bt.million 8,623 8,580 8,745 EBITDA Bt.million 2,343 2,544 2,624 Net profit Bt.million 1,086 1,171 1,188 EBITDA margin (%) 27 30 30 Net margin (%) 13 14 14 Total assets Bt.million 13,932 14,246 14,725 Total liabilities Bt.million 7,546 7,598 8,007 Total equity Bt.million 6,387 6,648 6,718 Number of shares million 890.1 892.5 894.5 Book value Bt. 7.18 7.45 7.51 Earnings per share Bt. 1.22 1.31 1.33 Dividend per share Bt. 1.05 1.15 1.20 Dividend payout (%) 86.07 87.79 90.23 Net interest-bearing D/E 0.62 0.65 0.70 Return on assets (%) 8 8 8 Return on equity (%) 17 18 18 871 786 702 696 620 956 556 516 502 475 421 409 EBITDA (Bt.million) 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 MAJOR CINEPLEX GROUP Plc. 1 Financial Highlights 1 Milestone 3 Message from Chairman of the Board of Directors and Chief Executive Officer 4 Report of the Audit Committee 5 Report of the Nomination and Remuneration Committee 6 Responsibility Statement of the Board of Directors to the Financial Statement 7 Directors & Management Team 8 Organization Chart 12 Group Structure 14 General Information of the company 16 Nature of Business 18 Cinema Business 18 Bowling, Karaoke and Ice Skating Business 21 Rental and Services Business 22 Advertising Services Business 22 Movie Content Business 23 Strategic Investments 24 Risk Factors 26 Good Corporate Governance 28 Corporate Management Structure 40 Human Resources 49 Related Transactions 51 Major Shareholders 58 Employee Stock Option Program 60 Corporate Social Responsibility Activities for 2016 62 Management Discussion & Analysis 64 Independent Auditor’s Report 68 Financial Statement and Notes to the Consolidated and Separate Financial Statements 73 2 Annual Report 2016 Milestone In 2016, Major continued impressive growth January 2016 • Major Holding International Co., Ltd. • Opening of Major Cineplex at Big C (subsidiary) invested in 100% of Banphai, Khonkaen with 2 theaters. • Major Cineplex Group Plc. has ordinary shares in Cineplex (Lao) Sole • Opening of Major Cineplex at Lotus continuously received Superbrands Co., Ltd. a cinema services provider Chana, Songkla with 2 theaters. Thailand Awards 2016 for 9 years in Lao People’s Democratic Republic. • Opening of EGV Cinema at Big C from 2008-2016. As the objectives and Its opening theater is 4 theaters at Samutprakarn with 2 theaters. policies of the company referred as to Friendship Mall, Pakse, PDR. become a leader of the innovation and December 2016 new technology and providing a fully August 2016 great sense of entertainment dreams • Opening of Major Cineplex at Jampha, experience to the consumers along • Opening of Major Cineplex at Lotus Lamphun with 4 theaters. the company’s slogan “Sharing the Nakonpathom with 4 theaters. • Opening of Major Cineplex at Big C world’s best entertainment dreams”. Sichon, Nakornsrithammarat with 2 With these, it has to be selected in the September 2016 theaters. criteria of being 3 Superbrand, which • Opening of Major Cineplex at Lotus are brand quality, brand affinity and • Opening of Major Cineplex at Lotus Prachuap Khiri Khan with 2 theaters. brand personality. Nadee, Udonthani with 3 theaters. • Opening of EGV Cinema at Big C • Opening of Major Cineplex at Big C Lamphun with 3 theaters. February 2016 Burirum with 5 theaters. • On 20 December 2016, K Arena • Opening of Major Cineplex at Korat with (subsidiary) has registered to change • Opening of Major Cineplex at Big C 4DX (4D) Screen and the first luxury & its name to Major Rewards Co., Ltd. Lopburi with 5 theaters. innovation VIP theater in the northeast and amended the objectives of of Thailand. the company to operate in customer March 2016 relationship services, electronic October 2016 payment, and coupon kiosk in order • Opening of Major Cineplex at Big C to increase the potential of customer Ratchaburi with 4 theaters. • Opening of Major Cineplex at Bluport, services. • On 9 March 2016, the company invested Hua Hin District, Prachuap Khiri Khan • On 20 December 2016, MAJOR has in CJ Major Entertainment Co., Ltd. with 6 theaters. purposed to makes Voluntary Partial a film producer and film distributor in • Opening of Major Cineplex at Big C Tender Offer to purchase ordinary both domestical and international. Lampang with 4 theaters. shares of Siam Future Development Investment in CJM representing 49% • Opening of EGV Cinema at Lotus Phimai, Public Company Limited (“SF”) in the of the registered shares with the first Nakhonratchasima with 2 theaters. amount of not exceeding 428,346,412 production called “Suddenly Twenty”, • On 21 October 2016, M Picture shares or equal to not exceeding which was released in December 2016. Entertainment Public Co., Ltd. 24.11 percent of paid-up capital of SF (subsidiary) has established a new which MAJOR had obtained an April 2016 company namely Metacognition approval from the Extraordinary Co., Ltd. to operate as advertising General Shareholders’ Meeting (“EGM”) • Opening of Major Cineplex Phayao with agency for all media in order to all of SF No.1/2016 held on 3 October 3 theaters. businesses. The subsidiary will own 2016. The Objectives of MAJOR to invest • Opening of Major Cineplex at Ayutthaya 55.48%. in SF and make a long-term investment City Park with 6 theaters. in SF which are important strategies in November 2016 order to expand business and diversify May 2016 risks to MAJOR and MAJOR foresees • Opening of Major Cineplex at Lotus opportunities from expansion its • Opening of Major Cineplex at Big C Phayakkaphum, Mahasarakham with cinema business and receive the return Ranong with 3 theaters. 2 theaters. from business operation and financial • Opening of Major Cineplex at Lotus • Opening of Major Cineplex at Big C performance of SF in the future. Satun with 3 theaters. Suksawat, Samutprakan with 4 theaters. MAJOR CINEPLEX GROUP Plc. 3 Message from Chairman of the Board of Directors and Chief Executive Officer The passing of H.M. King Bhumibol Adulyadej was a deeply profound loss for all Thais and our country. With eternal respect and gratitude for H.M. King Bhumibol Adulyadej’s dedication to Thai people, The Board of Directors, the Management, and Employees of Major Cineplex Group and its subsidiaries pledge to follow the Royal Footsteps in sustaining the development of our business for many years to come. The Board of Directors, the Management, and all staff associated with our entire group humbly offer our utmost respect and best wishes to His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun. Long live His Majesty the King. Major Cineplex Group Company Limited (Major) has continued to demonstrate and accentuate its leadership in the cinema and lifestyle entertainment industries in Thailand. The year 2016 was a challenging moment for business operators of all industries, but the Company maintained its commitment to optimize and further develop its potential in leading the lifestyle entertaining industries in Thailand and CLMV neighboring countries, especially Cambodia and Laos to ensure continuous growth. We are not just the top operator of movie theaters in the country, the Company embraces our role as total industry catalyst and supporter to keep raising the movie industry of Thailand to higher quality levels, and to promote the export of Thai films while always attracting new filmmakers into the industry. In the past year, the Company owned and operated a total of 678 screens. In 2017, the Company plans to expand further, enabling our entertainment centers to reach all strategic locations nationwide to lay a firm foundation for robust growth. The existing theaters will be modernized to ensure that all the facilities can keep pace with ever-changing consumer needs, while the multimedia and technological potentials will be optimized to gain access to new clients and add value for all businesses under the Company’s umbrella. At the same time, the Company will maintain its prudent financial management and continue to look for opportunities to raise the Company’s value to a higher level. The advertising business of the Company has continued to grow and has expanded its market share. With advertising as a key profit contributor, the Company believes that the expansion of theaters and advertising sales in various forms will continue to widen our customer base and allow further reach to consumers in other segments. The Company is strongly confident that it is capable of seeking additional revenue from our growing advertising business in 2017 and beyond. On behalf of the management, I would like to express our gratitude to employees for their full dedication. Heartfelt appreciation is also extended to our clients, shareholders, business partners and all stakeholders for their support and trust in our businesses. I hope that you will continue to walk with us on this firm path. Mr. Somjainuk Engtrakul Mr. Vicha Poolvaraluk Chairman of the Board Chief Executive Officer 4 Annual Report 2016 Report of the Audit Committee Over the past 2016, the Audit Committee of Major Cineplex Group Public Company Limited is comprised of three independent directors. The Audit Committee is empowered by the Board of Directors. The Audit Committee has duty which delegated by the Board of Directors to examine financial information and plan, also investigate related transactions which having conflict of interest.
Load more

Recommended publications
  • Company Profile
    Company Profile Tel . 662 - 897 - 4235 - 7 Office Address : 90 Soi Tientalay 19 , Bangkhuntien-Shytalay Rd., Takham, Bangkhuntien, Bangkok 10150 , Thailand Phone No. : 662 897 4235-7 Fax No. : 662 897 4277 Website : www.hazel-azure.co.th Managing Director : Chanut Asavabenya Type of Business : Full Serviced Signmaker and Digital Printing. Manufacturer, Installer and supplier of lightbox. Pylon, Tower Sign, Neon, Direction Sign, Dimentional Sign, Banner, Inkjet, Large format Digital Printing, Channel Letter, LED, Kiosk and much more. Established : September 1995 Registered Capital : 20,000,000 Bath (Fully Paid) Tel . 662 - 897 - 4235 - 7 OUR CLIENTS BANK AND FINANCIAL INSTITUTION OFFICE BUILDING - Bangkok Bank - Thai Airways (Suvarnabhumi Airport) 90 Soi Tientalay 19 , Bangkhuntien-Shytalay Rd., - Bank of Thailand - Jewelry Trade Center Takham, Bangkhuntien, Bangkok 10150 , Thailand - Bank of Agriculture and Agriculture Co-Operatives - CRC Thai Watsadu (Head Office) 662 897 4235-7 - Citi Bank - Bangkok Insurance 662 897 4277 - CIMB Thai - Renova Group (Bangkae Office) www.hazel-azure.co.th - CIMB Securities - Thai Metal Trade - Deutshe Bank - Ritta Co.,Ltd. (Head Office) Chanut Asavabenya - Goverment Housing Bank - PTT (Head Office) Full Serviced Signmaker and Digital Printing. Manufacturer, - Goverment Savings Bank - AVIA Building Installer and supplier of lightbox. Pylon, Tower Sign, - Kasikorn Thai Bank - Ziehl - Abegg (Thailand) Co.,Ltd. Neon, Direction Sign, Dimentional Sign, Banner, Inkjet, Large format - RBS - Goshu Kohsan Co.,Ltd.
    [Show full text]
  • Siamfuturedevelopmentp
    SIIAM FUTURE DEVELOPMENT PUBLIIC CO..,, LTD.. Esplanade Ratchadapisek 99 Ratchadapisek Road, Din Dang, Bangkok, Thailand 10400. Tel: +662-660-9000 Fax: +662-660-9010, +662-660-9020, +662-660-9030 Website: www.siamfuture.com SIAM FUTURE DEVELOPMENT PLC Contents Page 1 Message from the Board of Directors 2 Audit Committee Report 3 General Information 6 Major Accomplishments of the Company 7 Financial Highlights 9 Explanation and Analysis on the Financial Status 11 Nature of Business 17 Market and Competition 26 Risk Factors 30 Organization Chart 31 Shareholding Structure and Management 43 Report on Compliance with Principles of Good Corporate Governance 49 Report of Independent Auditor and Financial Statements Annual Report 2012 SIAM FUTURE DEVELOPMENT PLC Message from the Board of Directors In 2012 the Company launched its Mega Bangna Project, The Company’s Total income amounted to THB 2,442 a mega shopping center on a total area exceeding 250 rai. million during last year. This year’s net profit increased by This is a joint venture with IKEA, a world’s leading furniture THB 692 million or 97% to THB 1,400 million as a result of company from Sweden. The project is located on Bangna- the increase in the Company’s operating results as well as Trad KM 8 Road. It was officially opened on May 5, 2012. from the realization of fair value of Mega Bangna Project. From a total rental space of 180,000 sq.m., anchor tenants are IKEA Store, furniture store, Major Cineplex movie The Board of Directors continues to act upon the principles theatre and bowling, Robinson Department Store, Big C of good corporate governance, professional management Extra Super Center and Home Pro home furnishing center, with ethical and governance transparency of business allowing Mega Bangna Project to well provide operation for the benefit of all stakeholders.
    [Show full text]
  • June 2016 Bicyclethailand.Com Events Calendar
    June 2016 ! Every Friday, Saturday and Sunday in June: Bangkok Train Market Srinakarin. Every Friday, Saturday and Sunday from 6pm-Midnight (18:00-24:00). All different types of products, including bicycle products. Location: Soi Srinakarin 51, Nong Bon, Prawet district, Bangkok. Open to the public. No entrance fees. Contact: 086-126-7787. ! 2 - 5 Thursday thru Sunday: Bangkok The street bike style (Bike life & music). Event Type: Bike market and music festival. Time: 10:00 am – 08:30 pm. Location: The street Ratchada shopping center, 139 Ratchada Pisek Road, Din Deng district, Bangkok. Bicycles, bicycle parts, accessories, clothing and activities. Bike festival area, bike clinic, exhibition, super kids balance bike Thailand meet up, and bike trip. ! 3 - 5 Friday thru Sunday: Bangkok Bike Market @Vanilla Moon (Chan road). Event Type: Bike market. Time: During mall hours. Location: Vanilla moon community mall, 1266/1-3 Soi Chan 23/2, Tung Wat Don, Satorn district, Bangkok. Bicycles, helmets, bicycle parts, accessories, and bicycle decorations from different shops. ! 4 - 5 Saturday & Sunday: Bangkok TOT Bicycle Market. Location: TOT Head Office Building, 89/2, Moo 3, Chaengwattana Road, Thungsonghong-Lak-Si, Bangkok. [GPS go="N 13.88510, E 100.57468"]. All different bicycle products on display by individuals and bike shops. Good market for finding new and second hand bikes and cycling related products. Fee: FREE entrance. Read more about Bangkok's TOT Bicycle Market here. ! 4 - 5 Saturday & Sunday: Prachinburi Thailand Enduro Series 2016 - Race #1. Location: Prachinburi. Categories: Elite Men (age: 18-29), Elite Women (age: open), Master A (age: 30-39), Master B (age: 40-49 and up), Master C (age: 50 and up), Junior (age: under 18).
    [Show full text]
  • Major Cineplex (MAJOR TB) Buy (From Neutral) Communications - Media Target Price: THB38.00 Market Cap: Usd794m Price: THB32.00
    Company Update, 18 September 2015 Major Cineplex (MAJOR TB) Buy (from Neutral) Communications - Media Target Price: THB38.00 Market Cap: USD794m Price: THB32.00 Macro Risks Outlook Brightens On Better Growth Prospects Growth Value We turn more positive on Major Cineplex on the expectation of Major Cineplex (MAJOR TB) Price Close Relative to Stock Exchange of Thailand Index (RHS) improving private spending from end-2015 and better earnings growth 37 162 prospects given strong movie lines and healthy contributions from 35 153 newly-launched flagship outlets. Upgrade to BUY, with a 2016 TP of THB38.00 (from THB37.60, 19% upside). Major Cineplex has a decent 33 145 annual dividend yield but trades at the lowest P/E, P/BV and EV/EBITDA 31 136 compared to other media and consumer stocks. 29 127 ♦ Resilient topline growth. Despite weak private spending amid a 27 118 sluggish economic outlook, we expect Major Cineplex’s FY15 box office revenue to still grow 5% YoY. Going into 2016, we expect its topline to 25 110 grow at a double-digit rate due to: i) the potential recovery in private 23 101 spending after the recent government stimulus was implemented, ii) a 21 92 full year profit contribution from newly opened flagship stores at 9 8 Emquartier, CentralPlaza Westgate and Central East Ville, and iii) strong 7 6 movie lines (see Figure 8). 5 4 ♦ Expect 20% earnings growth for 2015-2016. The company’s 1H15 3 core profit and bottomline grew 9% YoY and 18% respectively. For 2015, 2 1 we believe that Major Cineplex’s core earnings may increase 20% YoY Vol m to THB1.22bn (of which 50% was already achieved in 1H15).
    [Show full text]
  • Major Cineplex
    media available. Cinemedia is already been some positive signs - continual among the highest growths in indications of economic recovery toward year- the entire media industry. For end and stronger than expected Corporates’ 2009 cinemedia contributes earnings in Q409. about 6% of the advertising expenditures for the entire PrOMOTION media industry. To motivate consumers to be moviegoers, Major Rental and Services Business: Cineplex is aggressive in its brand promotion, In the Standalone Cineplex, spreading out its efforts across variety of media MAJOR operates retail space according to specific target needs. Major Cineplex rental and services business also invests in advertising and public relations to complement the lifestyle efforts in order to enhance brand awareness with entertainment model by the general public. This is of special importance offering customers more when they have a special promotion. PrODUCT variety of entertainment Cinema Business: A Standalone Cineplex is a 7-10 services beyond movies, www.majorcineplex.com story building featuring 8-16 screens of cinemas bowling, karaoke and ice and 20-38 lanes of bowling, while the bottom 2-3 skating. floors are retail space for lifestyle shops. With a MAJOR has been able strong movie culture ensuring a continuous flow to attract many leading of moviegoers every week, the retail space in the international chains as well Standalone Cineplexes sustains a high occupancy as newly emerging local rate in excess of 90% and above at all times. brands. This has resulted in At year-end 2010, MAJOR operates five high occupancy rate at every different brands: location. Presently MAJOR • Major Cineplex • Esplanade Cineplex has a total of 166 shops, • EGV Cinemas • Paradise Cineplex occupying 83% of more than • Paragon Cineplex 44,000 sq.m available for rent With a total of 47 branches, 354 screens and or lease.
    [Show full text]
  • Major Cineplex Group
    Company Update, 18 September 2015 Major Cineplex (MAJOR TB) Buy (from Neutral) Communications - Media Target Price: THB38.00 Market Cap: USD794m Price: THB32.00 Macro Risks 3 อนาคตสดใส Growth . 2 0 Value . 02 0 . 02 0 เรามมี มุ มองเชงิ บวกส าหรับผลประกอบการของ MAJOR จากแนวโน ้มภาคการบริโภคที่ . Major Cineplex (MAJOR TB) 0 Price Close Relative to Stock Exchange of Thailand Index (RHS) ฟื้นตัวดขี นึ้ ตัง้ แตช่ ว่ งปลายปี 2558 และก าไรที่แข็งแกร่งจากการเข ้าฉายของภาพยนตร์ 0 37 162 ท าเงนิ และสว่ นแบง่ รายได ้จากการเปิดโรงภาพยนตร์ flagship แห่งใหม่ ปรับค าแนะน า 0 35 153 ขึ้นเป็น “ซอื้ ” ที่ราคาเป้าหมายปี 2559 เท่ากับ 38.00 บาท (เดิม 37.60 บาท, 19% ื้ 33 145 upside) โดย MAJOR ใหป้ ันผลสูงแต่ซอขายดว้ ย PE, PBV และ EV/EBITDA ที่ต ่า หากเทยี บกับผปู ้ ระกอบการสอื่ และ consumer อื่นๆ 31 136 29 127 แนวโน้มรายได้แข็งแกร่ง 27 118 แม ้ว่าภาคการบริโภคจะยังอ่อนแอจากสภาวะเศรษฐกิจที่ชะลอตัวแต่เราคาดว่า 25 110 รายได ้ภาพยนตร์ในปี 2558 จะเติบโตราว 5% y-o-y และจะเพิ่มขึ้นเป็นตัวเลข 23 101 สองหลักในปี 2559 เนื่องจาก (i) การฟื้นตัวของภาคการบรโิ ภคอย่างมนี ัยส าคัญ หลังจากมีโครงการกระตุ้นเศรษฐกิจของรัฐบาล (ii) สว่ นแบ่งก าไรเต็มปีจากโรง 21 92 9 8 ภาพยนตร์ flagship แห่งใหม่ใน Emquartier, CentralPlaza Westgate และ 7 Central East Ville และ (iii) การเข ้าฉายของภาพยนตร์ท าเงินมากมาย 6 5 4 3 ประเมินก าไรในรอบปี 2558-59 เติบโต 20% 2 1 ก าไรจากการด าเนินงานในรอบ 1H58 และก าไรสุทธิเติบโตราว 9% y-o-y และ Vol Vol m 18% ตามล าดับ ในขณะที่ประเมินก าไรปี 2558 เพิ่มขึ้น 20% y-o-y เป็น 1.22 Jul-15 Jan-15 Mar-15 Nov-14 ่ Sep-14 พันล ้านบาท (ท าได ้แล ้วราว 50% ในรอบ 1H58) สวนปีหนา้ เรามองว่ารายไดม้ ี May-15 แนวโน ้มเพิ่มขึ้น 13% y-o-y และก าไรเพิ่มขึ้น 20% y-o-y จากมาร์จิ้นที่ดีขึ้น Source: Bloomberg ปรบั ค าแนะน าขนึ้ เป็ น “ซอื้ ” ที่ราคาเป้าหมายใหม่ปร ับเป็น 38.00 บาท Avg Turnover (THB/USD) 57.7m/1.67m Cons.
    [Show full text]
  • Major Cineplex Group
    Thailand Total Access CommunicationThailand RE-INITIATE COVERAGE Major Cineplex Group (MAJOR.BK/MAJOR TB)* Positive factors are in the price Neutral Re-initiate Event Price as of 28 Mar 2017 33.75 We re-initiate coverage on MAJOR with a 2017 target price of Bt37.00 and a rating of Neutral. 12M target price (Bt/shr) 37.00 Unchanged / Revised up (down) (%) N.A. lmpact Upside/downside (%) 9.6 A major cinema operator in Thailand MAJOR is a major player in Thailand’s cinema industry in both market share and number of Key messages branches and screens. In 2016, the company had revenue market share of more than 70%, We expect MAJOR’s 2017-2018 earnings to surge followed by SF Corporation Plc. which provides cinema services under the brands SF World, with CAGR of 25% on the back of i) revenue SFX and SF Cinema. At the end of 2016, MAJOR had 113 branches with 678 screens while SF growth in cinema business (core business), ii) blooming advertising revenue along with branch had around 50 branches with 300 - 350 screens. expansion, and iii) margin improvement. Core business has rosy outlook However, our 2017 target price of Bt37.00 offers The company’s cinema business (core business), which contributes around 72% of revenues, only 9.6% upside from the current market price. has a solid outlook from 2017 onward. Ticket sales are expected to increase by 10% in 2017- Thus, we re-initiate coverage on MAJOR with a rating of Neutral. 2018 to Bt5.3bn and Bt5.8bn, respectively, on the back of i) larger number of guests along with screen expansion in the vicinity of 50-70 screens/year coupled with a strong movie line up Trading data from Hollywood, and ii) increased average ticket price from Bt166 to Bt171 (+3% YoY).
    [Show full text]
  • Work Under Construction Y Ea R 2 0 1 5
    WORK UNDER CONSTRUCTION Y EA R 2 0 1 5 Office Building, Condominium and Service Center Project Location System Contract Cost (Baht) อาคารปราบมาร PhatumThani EE,AC,SN 257,009,345.- FYI Bangkok AC 156,000,000.- Magnolias Bangkok EE,AC,SN 900,000,000.- Modena Hotel Bangkok AC 35,000,000.- PROJECT REFERENCE Y EA R 2 0 1 5 Office Building, Condominium and Service Center Project Location System Contract Cost (Baht) The Hotel Condo Bangkok EE,AC,SN 157,000,000.- AIS Pattaya Pattaya EE,AC,SN 28,500,000.- Department Store and Entertainment Complex Project Location System Contract Cost (Baht) Robinson UdonThani UdonThani EE,AC,SN 17,400,000.- PROJECT REFERENCE Y EA R 2 0 1 4 Office Building, Condominium and Service Center Project Location System Contract Cost (Baht) Centric Sathorn 11 Bangkok EE,AC,SN 102,000,000.- Department Store and Entertainment Complex Project Location System Contract Cost (Baht) Central Department Store Samui Samui EE,AC,SN 61,000,000.- Central Department Store Salaya Nakhonpathom EE 73,000,000.- PROJECT REFERENCE Y EA R 2 0 1 3 Department Store and Entertainment Complex Project Location System Contract Cost (Baht) Robinson Saraburi Saraburi EE,AC,SN 50,000,000.- Central Pattana Bangna ชั้น 6 Bangkok EE,AC,SN 22,000,000.- Central Department Store Hat Yai Songkha EE,AC,SN 212,000,000.- Central Department Store Chiangmai 2 Chiangmai EE 102,000,000.- Factory and Warehouse Project Location System Contract Cost (Baht) Mitrpol Factory (Refinery & Silo Plant) Khonkaen EE,AC,SN 139,000,000.- Mitrpol Factory (Refinery Plant) Khonkaen
    [Show full text]
  • Bangkok Retail Market REPORT
    Q4 2012 | RETAIL THAILAND BANGKOK RETAIL MARKET REPORT Bangkok Retail Market EXECUTIVE SUMMARY Retail is booming in Thailand, and operators with approximately 128,000 sq m in community are modernising their business by going online malls and the rest in shopping malls. and developing new shopping locations outside of central Bangkok. Other cities in Thailand are also increasingly attractive to retailers, especially in border Consumer confidence was at a six-year high in provinces where consumers from neighbouring the last quarter of 2012, thanks to a stable countries can easily cross in to Thailand to political situation and a year free from floods. shop. MARKET INDICators The growth of residential projects in suburban Online shopping is not yet as popular in 2011 - 2012 Bangkok has prompted retail developers to Thailand as it is in other Asian countries, but it build new shopping malls and community malls is the fastest-growing retail sector and every NEW SUPPLY to serve them. Around 662,000 sq m of retail major retailer is expanding their business space was completed in Bangkok in 2012, the online. RENTALS highest figure for the past six years. OCCUPANCY More than 204,700 sq m of retail space is scheduled to be completed in Bangkok in 2013, www.colliers.co.th BANGKOK RETAIL MARKET REPORT | Q4 2012 SUPPLY HIstorICAL SUPPLY BY YEAR, Q4 2012 Source: Colliers International Thailand Research Approximately 89,698sq m of retail space was completed in Q42012, 6,494,000 sq m. More than 77% of the total new supply added in 2012 while the total new supply completed in 2012 in Bangkok and surrounding is in shopping malls and approximately 19%, or 125,800 sq m, is in areas was more than 662,000 sq m, the highest in the past six years.
    [Show full text]
  • Looking Forward to a Brighter 2013 Positioning for Profitable Growth
    LIFESTYLE Looking forward to a brighter 2013 Crafted our plan to make 2013 the biggest year of expansion also continue to lead the market Positioning for in both market share and innovation. Profitable Growth While Minimizing Risk Focused on improvements in efffiiciencies to prepare to reap the upcoming proffiit potentials of 2013 and beyond. Financial Highlight As of December 31 2010 2011 2012 Revenue Bt.million 6,021 6,748 6,965 EBITDA Bt.million 2,200 2,127 2,275 Net profit Bt.million 762 782 811 EBITDA margin 37% 32% 33% Net margin 13% 12% 12% Total assets Bt.million 11,020 10,988 11,502 Total liabilities Bt.million 5,347 4,931 5,117 Total equity Bt.million 5,674 6,056 6,385 Number of shares million 881.9 881.9 887.6 Book value Bt. 6.43 6.87 7.19 Earnings per share Bt. 0.91 0.90 0.92 Dividend per share Bt. 0.80 0.82 0.87 Dividend payout 88% 91% 95% Net interest-bearing D/E 0.51 0.42 0.37 Return on assets 7% 7% 7% Return on equity 13% 13% 13% 655 591 623 586 546 579 552 557 on) 534 484 508 illi 387 DA (Bt.m IT EB 1Q10 2Q10 3Q100 4Q10 1Q11 2Q11 3Q111 4Q11 1Q12 2Q12 3Q122 4Q12 MESSAGES MILESTONE 05 Chairman of the Board Director Contents 06 Chairman of the Executive Committee & CEO BUSINESSES PEOPLE Nature of Business 09 Directors & Management Team 18 Cinema ORGANIZATION 20 Bowling, Karaoke & Ice Skating 12 Organization Chart 22 Advertising Services MILESTONE 14 Group Structure General Information of Company, 23 Rental & Services Subsidaries, Associates & Joint Ventures April 2012 Film Distribution • Issuing and offering grants of warrants to executives and employees of the company and the 24 subsidiaries (ESOP-W4) in the total unit of 8,690,000 with term not exceeding 5 years and, accounted for 1% of Strategic Investment common stock as at the Annual General Shareholder meeting 2012.
    [Show full text]
  • Major Cineplex Group Plc
    Mega Bangna, offering a compact ice As the Cineplex has become skating rink with ice karaoke rooms, ice “destination” for lifestyle entertainment, dance studio and classes for ice-skating and MAJOR has been able to attract many ice hockey. leading international chains as well as In 2008 the concept of entertainment newly emerging local brands. With the bowling was expanded internationally intense competition among the quick-serve into India. A joint venture company, PVR restaurant chains, every brand is in need of blu-O Entertainment Co. Ltd (PVR blu- new space to populate their new branches O) was set up to operate entertainment and expand their network every year. This bowling business in India in partnership has resulted in high occupancy rate at with PVR Limited, a leading cinema every location. Services accompanied space operator incorporated and listed in Stock rental are the electricity, air-conditioned Exchange of India. The first “Club Fashion services, fire protection system, cleaning Bowling” operated by PVR blu-O has been and security system as well as common MARKET commercially opened since March 2008 in area management services such as elevator, Major Cineplex Group Plc. (MAJOR) is Thailand’s Ambiance Mall - Gurgaon, New Delhi with escalator and parking. leading Lifestyle Entertainment Company with 24 lanes. core business in cinema, bowling, karaoke, ice At 2013, Major operates 27 bowling RECENT DEVELOPMENTS skating rink, retails space, film distribution and locations with 440 lanes, 309 karaoke MAJOR stays committed to focus on its advertising media. rooms and three ice skating rinks. core competencies as in previous years and To broaden its network of lifestyle Advertising Business: Advertising services feels it has a duty to play a leading role in entertainment portfolio as well as establishing business leverage off the traffic that cinema the development of the Thai film industry.
    [Show full text]
  • 20200316-Major-Ar2019-En.Pdf
    Organizational goals Major Cineplex Group Public Company Limited has a target to expand the number of cinemas to 1,200 screens, throughout Thailand and CLMV within 2025 and to support the development of Thai movies for better quality in order to gain potential of Thai movies production with more quality and quantity for serving domestic audiences and for exporting Thai movies to foreign market as well as to be a part of creating entertainment and learning opportunities from movie media to create good things, knowledge, inspiration, happiness and smiles for the community. Contents 03 The Proud 04 Financial Highlights 05 Milestone 06 Message from Chairman of the Board of Directors and Chief Executive Officer 07 Report of the Audit Committee 08 Report of the Nomination and Remuneration Committee 09 Report of the Risk Management Committee 10 Report of the Corporate Governance Committee 12 Directors & Management Team 16 Organization Chart 18 Group Structure 20 General Information of the Company 23 Nature of Business 30 Strategic Investments 31 Risk Factors 34 Corporate Management Structure 44 Good Corporate Governance 58 Human Resources 60 Related Transactions 71 Major Shareholders 72 Shareholdings of the Board of Directors and Management 73 Corporate Social Responsibility 76 Responsibility Statement of the Board of Directors to the Financial Statement 77 Management Discussion & Analysis 84 Independence Auditor’s Report 88 Financial Statement and Notes The Proud “No.1 Cinema Awards in Thailand” No.1 Brand Thailand 2018-2019 prize, the number one popular brand in Thailand in the category of Entertainment Complex (Cinema) from the research of popular brands that is surveyed by Kadence International (Thailand) Company Limited with a sample of real users across the country that is organized by Marketeer magazine.
    [Show full text]