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Business > Foreign Business
Thailand's Ratanarak Group buys Jardine
By Reuters
Aug 20, 2024 12:11 am

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.

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