Holcim reduces stake in SCCC, Thailand to 27.5%

Holcim has reduced its shareholding in leading construction materials group Siam City Cement Company (SCCC), Thailand, from 36.8% to 27.5%. The shares have been bought by Bangkok Broadcasting and Television, a company of the Ratanarak Group, which will increase its shareholding in SCCC to 47%.
May 14, 2013 Read time: 1 min

680 Holcim has reduced its shareholding in leading construction materials group Siam City Cement Company (SCCC), Thailand, from 36.8% to 27.5%. The shares have been bought by Bangkok Broadcasting and Television, a company of the Ratanarak Group, which will increase its shareholding in SCCC to 47%.

Related Content

April 24, 2014

Thailand’s SCCC books growth in net sales, earnings for January to March 2014

In the quarter of January-March 2014, Thailand-based cement maker Siam City Cement (SCCC) registered a 14% rise in net sales from THB 7.56 billion (€169.39 million) a year ago to THB 8.65 billion.

The rise in net sales was due to increased average selling price and an increase in export sales volume. The company reported a 56% year-on-year growth in earnings for the quarter to THB 1.9 billion.

However, SCCC's outlook for 2014 might be affected by the continued political turmoil and postponements in go

boombox1

Highlighted Content

boombox2