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A market revival for Thailand just isn’t coming. The nation’s first election since 2019 was supposed to be the catalyst to drive economic growth and bring back foreign investors. Instead, the benchmark stock index is set for its fifth quarterly decline, foreign funds are selling, and the baht is the…
Siam Cement Pcl, one of Thailand’s largest industrial conglomerates, scrapped a proposed initial public offering (IPO) for its chemicals unit, citing unfavorable market conditions. SCG Chemicals Pcl’s IPO may be inappropriate at this time after taking into account the readiness of investors to take this sizable share offering, Siam Cement…
SCG Chemicals Pcl, a unit of Siam Cement Pcl, is seeking to raise as much as US$3 billion in what could be Thailand’s largest-ever initial public offering, according to people familiar with the matter.
SCG Chemicals Pcl, a unit of Siam Cement Pcl, is seeking to raise as much as US$3 billion in what could be Thailand's largest ever initial public offering (IPO), according to people familiar with the matter.
(Bloomberg) -- SCG Chemicals Pcl, a unit of Siam Cement Pcl, is seeking to raise as much as $3 billion in what could be Thailand’s largest-ever initial public offering, according to people familiar with the matter. The chemical company plans to offer as many as 3.