Reuters reported exclusively that Siam Cement Pcl’s (SCG) packaging subsidiary is planning a local listing that is likely to raise about $1 billion. The IPO of SCG Packaging Pcl is aimed at independently beefing up the company’s funding needs as it charts out a regional expansion strategy. SCG Packaging is the holding company for the packaging, packaging paper, forestry, pulp and paper business of Thailand’s largest industrial conglomerate.
Reuters exclusively reports Siam Cement’s packaging unit set for $1 billion IPO
28 October 2019, 12:00 am 1 minute
Type: Reuters Best