Thailand: The coronavirus pandemic has caused Siam Cement Group (SCG) to postpone its initial public offering (IPO) for 30% of its packaging subsidiary SCG Packaging at a value of US$1.0bn, which was reportedly due to take place in early 2020. Reuters News has reported that the company has yet to set a new date for the IPO.
SCG stalls on partial sale of packaging business
URL: https://globalcement.com/news/item/10599-scg-stalls-on-partial-sale-of-packaging-business
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