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News Ratanarak Group increases stake in Siam City Cement

Ratanarak Group increases stake in Siam City Cement

Written by Global Cement staff 20 August 2024
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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.

Last modified on 21 August 2024
Published in Global Cement News
Tagged under
  • Thailand
  • Siam City Cement
  • Stake
  • Shares
  • shareholders
  • GCW673
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