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).

UltraTech Cement increases domestic cement capacity to 183.36Mta
UltraTech is pleased to announce the commissioning of 3.35Mta of brownfield clinker capacity alo...