SeaCem turnaround

SeaCem turnaround
Published: 19 July 2004

Southeast Asia Cement Holdings, Inc. (SeaCem) is optimistic it will make a turnaround this year through a share exchange agreement with Republic Cement Corp. Renato C. Sunico, SeaCem President, said this is possible with the share swap deal. "From a losing position, we have made a turnaround. We hope for a better financial position this year," he said.