SCG stalls on partial sale of packaging business

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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.

Last modified on 18 March 2020


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