The Ratanarak Group has increased its stake in Siam City Cement to 71.88 per cent by buying out Singapore-based Jardine Cycle and Carriage’s 25.54 per cent stake.
The value of the transaction, carried out via Ratanarak’s subsidiary Sunrise Equity, is THB12.18bn (US$353.97m).
Dangote Cement reports 86% surge in profit after tax
In its unaudited results for the 1Q25, Dangote Cement posted a 21.7 per cent YoY increase in r...