THAILAND'S Ratanarak Group now has a controlling stake in Siam City Cement after buying Singapore-based Jardine Cycle & Carriage's 25.54 percent holding for 12.18 billion baht ($353.97 million).

The move, announced by Siam City on Monday, takes Ratanarak Group's stake to 71.88 percent.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here