INBrief: Major entering India
ENTERTAINMENT: Major Cineplex Group Plc, the country's largest cinema chain, yesterday announced a joint venture with New Delhi-base PVR Limited to operate a bowling business in India.
The India partner will hold a 51% stake in the new venture, which will have initial capital of 90 million rupees or approximately 38.6 million baht, while Major will take 49%.
Major experts to pay for its investment in the venture in the second quarter.
Major shares closed yesterday on the SET at 18.60 baht, unchanged, in trade worth 57.8 million baht.
Source: Bangkok Post
Wednesday February 13, 2008