Major Cineplex Public : Notification of the Registered Capital Increase in Subsidiaries
June 02, 2022 at 04:02 pm IST
Share
- Translation -
No. LMJG/SET/2022/011
June 2, 2022
Subject:
Notification of the Registered Capital Increase in Subsidiaries
Attention:
The President
The Stock Exchange of Thailand
Major Cineplex Group Public Company Limited ("the Company") would like to inform that The Extraordinary General Meeting of Shareholders No.1/2022 held on dated 31 May 2022 of Major Joy Film Company Limited (Subsidiary). The Company holds 99.9997% of the registered capital. The Extraordinary General Meeting of Shareholders has resolved a special resolution to increase the registered capital from the existing registered capital of Baht 100,000,000 (1,000,000 Shares at the par value of Baht 100 per share) to be Baht 250,000,000 (2,500,000 Shares at the par value of Baht 100 per share) by issuing 150,000,000 ordinary shares at par value of Baht 100 per share offer to the existing shareholders in proportion. The detail are as follows:
1) The Amount of Newly Issued Ordinary Shares
Shareholder
The amount of shares
The amount of shares
held and proportion
held and proportion
beforethe capital
afterthe capital
increase
increase
Major Cineplex Group
999,997 shares
2,499,997 shares
Public Company Limited
(99.9997%)
(99.9998%)
Other minor shareholders
3 shares
3 shares
(0.0003%)
(0.00012%)
2)
Source of Fund:
The Company's Working Capital
3)
Objective of the investment:
To invest in company's business and other companies for
movie production.
4)
Connected Nature:
This transaction is not a connected transaction in accordance
with the Notification of the Capital Market Supervisory
Board No. TorJor. 21/2551
5)
Size of Transaction:
The asset acquisition value does not cause the Company to
fall within the disclosure requirement under the Notification
of the Capital Market Supervisory Board No. TorJor.
20/2551
Major Joy Film Company Limited has increased the registered capital together with the amendment to the Memorandum of Association of the Company to be accorded with the increase of the registered capital as detailed above, with the Department of Business Development, the Ministry of Commerce, effective on 2 June 2022.
Major Cineplex Group pcl published this content on 02 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2022 10:31:03 UTC.
Major Cineplex Group Public Company Limited is a provider for movie shows and provides services for entertainment. Its segments include cinema business, advertising business, bowling and karaoke business, rental and services business and movie content business. Cinema business includes various companies in Major Group Cineplex providing theater, food and drinks and relevant services. Advertising business offers services in various forms, such as screen ads, VDO Wall on ground-floor halls of branches, and others. Bowling, karaoke and ice-skating business offers Blu-O Rhythm & Bowl brand that focuses on high-end clients in the metro areas. It also operates new form of ice-skating rink under the name of Sub-Zero. The rental and services business offers rental space services in two ways: long-term and short-term agreements. Its movie content business is engaged in film procurement and film production for distribution in theaters and on television channels and various online channels.