Major Cineplex Group Public Company Limited ("MAJOR") would like to inform that the establishment of a new joint venture, named "Karman Line Studio Company Limited" ("KML"), a joint venture company, together with Thai Broadcasting Company Limited ("THB"), a subsidiary of Workpoint Entertainment Public Company Limited ("WORK") has been completed, where MAJOR holds 50% of the total registered capital and THB holds 50% of the total registered capital. MAJOR's capital investment will not exceed THB 55 million, out of which the amount of THB 25 million has been paid. The objectives of the joint venture are to engage in a production business and invest in movies.