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.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details