Thailand's Ratanarak Group takes control of Siam City by buying Jardine Cycle's stake

Thailand's Ratanarak Group takes control of Siam City by buying Jardine Cycle's stake

Visual from the company website

Thailand’s Ratanarak Group now has a controlling stake in Siam City Cement after buying Singapore-based Jardine Cycle & Carriage’s 25.54% holding for 12.18 billion baht ($353.97 million).