Other Businesses
While movie theaters are Major Cineplex Group's core business, the company is heavily involved in the bowling alley business, with a total of 360 lanes under its Major Bowl Hit! brand. It also has 222 karaoke rooms.
Major's property development arm leases retail space to outside tenants in its anchored shopping malls. Major Cineplex also has a 25% stake in Siam Future Development Plc (SET: SF), a developer of shopping malls.
The company has also invested in the growing California WOW Xperience Plc (SET: CAWOW), the leading fitness center operator in Thailand. It has 10 branches: eight in Bangkok, and one each in Pattaya and Chiang Mai. It branched off due to foreign ownership rules for the wholly owned Asian subsidiary of 24 Hour Fitness, called California Fitness, and has member swap agreements with both chains. It holds a 36.75% stake in that venture, and consequently, California's Fitness Center branches are becoming part of Major Cineplex's developments.
In 2007, Major Cineplex's ticketing service, Major Ticketing, which sold advance bookings for movies, as well as other events, merged with BEC-TERO's Thaiticketmaster. The merged entity is called Thaiticketmajor.
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