Person/Juristic person who may have conflict of interests | % of Ownership interest | Type of transactions |
Amount (Million baht) | Major details/condition |
Siam Future Development Plc. |
Associates with 25.65 % holding | Revenue | ||
1. Dividend income | 89.51 | The transaction is from investment | ||
2. Other income | 1.01 | This is a normal business transaction | ||
Expense | ||||
1. Rental, service and utilities fee | 20.55 | To rent rental space to operate cinema and bowling business in Chachoengsao, Thonglor Chang Wattana and Esplanade Pattaya branches, approved by audit committee to be comparable to market price. | ||
2. Other expense | 0.88 | This is a normal business transaction. | ||
Trade account receivable | 4.80 | This is a normal business transaction. | ||
Other receivable | 9.57 | This is a normal business transaction. | ||
Deposits (included in other non-current assets) | 5.41 | This is a normal business transaction. | ||
Other payable | 2.54 | This is a normal business transaction. | ||
Ratchayothin Avenue Co., Ltd. | Associates with 50% direct holding and 12.83% indirect holding through SF | Expenses | ||
1. Interest expense | 0.47 | This is a normal business transaction. and interest 2.72% per year. | ||
2. Other expenses | 0.38 | This is a normal business transaction. | ||
Other payable | 0.52 | This is a normal business transaction. | ||
Major Cineplex Lifestyle Leasehold Property Fund | Associates with 33% holding | Revenue: | ||
1. Management fee income | 38.04 | Property management fee which is a normal business transaction. Approved by Audit Committee to be comparable to market price. | ||
2. Utilities fee income | 23.42 | Utilities and service fee which is a normal business transaction. Approved by Audit Committee to be comparable to market price. | ||
3. Dividend income | 101.82 | The transaction is from investment. | ||
Expense: | ||||
1. Rental and service | 168.36 | Rental space to operate cinema and bowling businesses under MJLF area. This is a normal business transaction, approved by Audit Committee to be comparable to market price. | ||
2. Interest expense from financial lease (included in finance costs) | 1.69 | This is a normal business transaction. | ||
3. Other expense | 2.66 | This is a normal business transaction. | ||
Trade account receivable | 1.74 | This is a normal business transaction. | ||
Other receivable | 3.28 | This is a normal business transaction. | ||
Deposits (included in other non-current assets) | 3.46 | This is a normal business transaction. | ||
Trade account payable | 0.03 | This is a normal business transaction. | ||
Other payable | 0.76 | This is a normal business transaction. | ||
Finance lease liabilities (included in long-term borrowings from financial institutions) | 21.14 | This is a normal business transaction. | ||
Deposit receipt from property lease (included in other non-current liabilities) | 123.50 | This is a normal business transaction. | ||
Advance receipt from property lease (included in other non-current liabilities) | 23.91 | This is a normal business transaction. | ||
Thai Ticket Major Co., Ltd. | Associates with 40.00% holding | Revenue: | ||
1. Dividend income | 23.20 | The transaction is from investment. | ||
2. Other income | 0.29 | This is a normal business transaction. | ||
Expense: | ||||
1. Sponsorship expense | 2.46 | This is a normal business transaction. | ||
2. Other expense | 0.03 | This is a normal business transaction. | ||
Other payable | 1.17 | Money from selling ticket and payback next month. | ||
Major Kantana Broadcasting Co., Ltd. | Joint ventures with 41.61% indirect holding through MPIC (MAJOR’s subsidiary company) | Revenue: | ||
Rental and service income | 2.05 | This is a normal business transaction. | ||
Trade account receivable | 0.03 | This is a normal business transaction. | ||
Deposit receipt from property lease (included in other non-current liabilities) | 0.78 | This is a normal business transaction. | ||
Transformation Film Co., Ltd. | Joint ventures with 26.42% indirect holding through MPIC (MAJOR’s subsidiary company) | Revenue: | ||
Management fee income | 4.73 | This is a normal business transaction. | ||
Expense: | ||||
Film hire cost | 22.91 | This is a normal business transaction. | ||
Trade account receivable | 0.42 | This is a normal business transaction. | ||
Trade account payable | 0.73 | This is a normal business transaction. | ||
MacThai Co., Ltd. | 90% holding by Poolvaraluck Family | Revenue: | ||
1. Rental, service and utilities fee income | 32.74 | Rental space of MAJOR Group at Ratchayothin, Sukhumvit, Rangsit, Samrong, and Metropolis branches. This is normal transaction and approved by audit committee to be comparable to market price. | ||
2. Advertising | 10.00 | This is a normal business transaction. | ||
3. Interest income | 0.14 | This is a normal business transaction. | ||
4. Other income | 1.10 | This is a normal business transaction. | ||
Expense: | ||||
1. Advertising | 10.00 | This is a normal business transaction. | ||
2. Other expense | 0.04 | This is a normal business transaction. | ||
Trade account receivable | 1.83 | This is a normal business transaction. | ||
Other receivable | 0.08 | This is a normal business transaction. | ||
Finance lease receivable | 1.60 | This is a normal business transaction. | ||
Other payable | 0.11 | This is a normal business transaction. | ||
Advance receipt from land rental (included in other non-current liabilities) | 9.54 | This is a normal business transaction. | ||
Deposit receipt from property lease (included in other non-current liabilities) | 5.67 | This is a normal business transaction. | ||
Mackenna Land Co., Ltd. | 100% indirect holding through VP 39 Holding Co., Ltd. (Poolvaraluck Family’s Company) | Expense: | ||
Other expense | 11.84 | This is a normal business transaction. | ||
Other payable | 0.22 | This is a normal business transaction. | ||
Well Ad Co., Ltd. | Holding by Mr. Vicha Poolvaraluck 70.99% and Mrs. Paradee Poolvaraluck 29% | Expense: | ||
Management fee | 13.20 | Bt 1.10 million per month srarted from 1 January 2016 – 31 December 2020. Approved by Audit Committee. The agreed price as sripulated in the agreements and is no more than 1% of revenue with corperative less than compensation for Managing Director in listed companies. | ||
Well Cineplex Co., Ltd. | Holding by Mr. Vicha Poolvaraluck’s father 20%, Mr. Vicha Poolvaraluck’s mother 20% and Mr. Vicha Poolvaraluck 10% | Revenue: | ||
Management fee income | 2.40 | 400,000 baht a month for manage pinklao branch owned by Mr.Vicha’s father. This is normal transaction and approved by audit committee to be comparable to market price. | ||
Other receivable | 4.71 | This is a normal business transaction. | ||
Well Entertainment Part. Ltd. | Holding by Mr. Vicha Poolvaraluck’s father 50%, Mr. Vicha Poolvaraluck’s mother 10% | Expense: | ||
Utilities fee | 6.05 | This is a normal business transaction. | ||
Other receivable | 0.02 | This is a normal business transaction. | ||
Trade account payable | 0.50 | This is a normal business transaction. | ||
Other payable | 0.02 | This is a normal business transaction. | ||
Petch Pinklao Co., Ltd. | 100% indirect holding through VP 39 Holding Co., Ltd. (Poolvaraluck Family’s Company) | Revenue: | ||
1. Management fee income | 2.40 | Management fees charged to income as salary in 200,000 baht per month. This is normal transaction and approved by audit committee to be comparable to market price. | ||
2. Other income | 0.01 | This is a normal business transaction. | ||
Expense: | ||||
1. Rental, service and utilities fee | 20.28 | Paid for the right to rent MAJOR Cineplex pinklao branch. The agreed price was comparable Central Pinklao’s project and was approved by Audit Committee. | ||
2. Sponsorship expense | 0.36 | This is a normal business transaction. | ||
Advance payment (Included in other receivable) | 9.66 | This is a normal business transaction. | ||
Trade account payable | 0.04 | This is a normal business transaction. | ||
Veranda Resort and Spa Co., Ltd. | Holding by Mrs. Paradee Poolvaraluck 6.82% | Expense: | ||
Other expense | 0.23 | This is a normal business transaction. | ||
Viracha Co., Ltd. | 99.98% indirect holding through VP 39 Holding Co., Ltd. (Poolvaraluck Family’s Company) | Expense: | ||
Other expense | 1.59 | This is a normal business transaction. | ||
Other payable | 0.60 | This is a normal business transaction. | ||
Ratchayothin Avenue Management Co., Ltd. | 12.83% Indirect holding through Siam Future Development Plc.and 50.00% Indirect holding through Ratchayothin Avenue Co., Ltd. | Revenue: | ||
Management fee income | 0.38 | 27,000 baht a month for manage ratchayothin branch. This is normal transaction and approved by audit committee to be comparable to market price. | ||
Expense: | ||||
Utilities expense | 1.21 | This transaction was for rental space with purpose of operating the company ‘s office at Ratchayothin avenue. Approved by Audit Committee to be comparable to market price. | ||
Other payable | 0.57 | This is a normal business transaction. | ||
SF Development Co., Ltd. | 12.83% Indirect holding through Siam Future Development Plc. | Expense: | ||
1. Rental, service and utilities fee | 48.94 | This is a normal business transaction. | ||
2. Other expense | 2.94 | This is a normal business transaction. | ||
Deposits (included in other non-current assets) | 25.82 | This is a normal business transaction. | ||
Trade account payable | 0.02 | This is a normal business transaction. | ||
Other payable | 7.60 | This is a normal business transaction. | ||
We Fitness Co., Ltd. | Holding by Mrs. Paradee Poolvaraluck 100% | Revenue: | ||
1.Rental, service and utilities fee | 8.92 | To rent space in the building of the MAJOR Group. | ||
2. Advertising | 10.00 | This is a normal business transaction. | ||
3. Other income | 1.20 | This is a normal business transaction. | ||
Expense: | ||||
1. Sponsorship expense | 3.00 | This is a normal business transaction. | ||
2. Other expense | 0.17 | This is a normal business transaction. | ||
Trade receivable | 5.78 | This is a normal business transaction. | ||
Siam Future Property Co., Ltd | 25.65% Indirect holding through Siam Future Development Plc. | Expense: | ||
1. Rental, service and utilities fee | 13.12 | To rent rental space and service to operate cinema and bowling business in Esplanade branch. This is normal transaction and approved by audit committee to be comparable to market price. | ||
2. Other expense | 1.55 | This is a normal business transaction. | ||
Deposits (included in other non-current assets) | 0.31 | This is a normal business transaction. | ||
Other payable | 2.66 | This is a normal business transaction. | ||
Friend Aircraft Co., Ltd. | Holding by Mr. Vicha Poolvaraluck 25% and Mrs. Paradee Poolvaraluck 25% | Expense: | ||
Other expense | 5.56 | This is a normal business transaction. | ||
PVR Limited | Related with 0.21% holding | Revenue: | ||
Dividend income | 0.48 | This is a normal business transaction. |