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Article: Thailand's Major Cineplex Recruits Foreign CEO to Scout New Investments.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- February 3, 2004
CopyrightCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Bamrung Amnatcharoenrit, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Feb. 3--Major Cineplex Group Plc, the country's largest cinema chain operator, has recruited a former 3D Imax executive from New York as chief operating officer as part of a plan to consolidate the group's business strategy.
Brian Hall, a Canadian executive, has set a 30 percent growth target for both net profit and sales revenue for this year.
The move is the company's first major operational shift in nine years, after its previous focus on diversifying its entertainment business. Major was listed on the Stock Exchange of Thailand in 2002.
Mr ...