Vicha Poolvaraluck Net Worth is$305 $Million
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Company Name: Major Cineplex Group
Company Logo: Image:Majorcineplexlogo.png
Company Type: Public company
Traded As: MAJOR
Foundation: 1996
Location: Bangkok, Thailand
Key People: Vicha Poolvaraluck, chairman, Aorrawan Kowathana, deputy managing director, service operations
Industry: Movie theaters, Karaoke, Real estate
Revenue: 5,767.08 million baht
Net Income: 626.36 million bahtStock Exchange of Thailand, [
Subsid: Bangkok IMAX Theater Co. Ltd., Paragon Cineplex
Major Cineplex Group Public Co. Ltd. is the largest operator of movie theaters in Thailand. Combined with its subsidiary, EGV Entertainment, the company has 258 screens in 32 locations. Among its properties is Thailand's largest multiplex, the Paragon Cineplex at Siam Paragon, with 16 screens and 5,000 seats, along with the country's only IMAX theater. The second-largest chain in Thailand is SF Cinema City.
Major Cineplex was founded by Vicha Poolvaraluk (or Poolvaraluck) in 1996. A member of a family with roots in the movie business (the family was involved in film studios as well as several single-screen theaters), Vicha started out in property development.
In 1992, he was asked by his father, Charoen Poolvaraluck, to take over the movie theater business. Vicha decided on a concept of large movie complexes that could offer a range of entertainment services, including not only movies, but also bowling alleys, karaoke rooms, restaurants and shopping. The first such complex opened in 1996 on Nakhon Chaisri Road in Pinklao, Bangkok. The 14-screen, 4,000-seat Major Cineplex Ratchayothin opened in 1998 and featured Thailand's first IMAX cinema. It was the company's flagship cinema complex until 2006, when Paragon Cineplex opened. Other early Major Cineplex theaters include branches at Ramkamheang and Sukhumvit.
In 2004, Major Cineplex absorbed Thailand's No 2 theater operator, EGV Entertainment, which was Thailand's first cineplex operator. EGV had been owned by a rival branch of the Poolvaraluck family, headed by Vicha Poolvaraluck's cousin, Wichai Poolvaraluck, who started EGV as a partnership with Golden Village.
There are at least 19 Major Cineplex-branded theaters in Thailand, with the number expected to grow in the coming years. The company aims to increase its total number of screens to 500 (including EGV cinemas) by 2012. Major Cineplex's theaters range from shopping complexes, anchored by the cineplex, such as Major Cineplex Ratchayothin or Major C

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Vicha Poolvaraluck Latest News

Thai Major Cineplex in Indian entertainment jv

The venture will set up bowling alleys, karaoke centers, ice skating rinks and gaming zones, and its first overseas venture will be located in the Indian capital, New Dehli, Chief Executive Vicha Poolvaraluck told reporters. “We’ll open in India in the ...
Posted: August 31, 2008, 5:00 pm

Major Cineplex, Korean company form first joint venture in Asean

Vicha Poolvaraluck, chairman of the executive committee and chief executive officer of Major Cineplex Group, said the JV company would produce between 15 and 20 Thai films over the next five years, not just for Thailand but also for screening in Asean and ...
Posted: March 29, 2016, 5:59 am

Samsung Electronics : Introduces Southeast Asia’s First Cinema LED...

We are excited to partner with Samsung to shift the paradigm of entertainment content screening, and we look forward to inviting our customers and partners into a cinema more capable of bringing stories to life,' said Vicha Poolvaraluck, Chairman of Major ...
Posted: September 10, 2017, 9:05 am
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