Thailand: The Ratanarak Group, through its subsidiary Sunrise Equity, has increased its stake in Siam City Cement to 71.88% by acquiring a 25.54% share from Singapore-based Jardine Cycle & Carriage for US$354m. This move consolidates the Ratanarak Group's position as the sole major and controlling shareholder.
Ratanarak Group increases stake in Siam City Cement
URL: https://globalcement.com/news/item/17764-ratanarak-group-increases-stake-in-siam-city-cement
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