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Tris affirms Major debenture rating 


TRIS Rating affirms the company rating and senior unsecured debenture ratings on Major Cineplex Group Plc (MAJOR) at “A”. 

The ratings reflect the company’s leading position in the Thai movie exhibition industry, the prime locations of its properties throughout the country, and the good performance of the advertising media segment. 
These strengths are partially offset by some exposure to uncontrollable factors, such as the number of films released, film popularity, and the increased competition from the proliferation of entertainment alternatives. 
 

Published : December 20, 2018

By : The Nation