Thailand’s SCG Acquires Fajar Surya Wisesa Shares for US$665M

A Thailand’s packaging business, Siam Cement Group (SCG).

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Siam Cement Group (SCG), a packaging company from Thailand, will become major shareholder of PT Fajar Surya Wisesa Tbk (IDX: FASW) by acquiring 55 percent shares.

For the action, SCG invested Rp9.6 trillion (US$665 million).

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Source : The Insider Stories

 

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