Tweet SCC’s Advancement in Indonesia, Regaining Investors’ Confidence for the “฿400 Shares” The Siam Cement Public Company Limited (SCC) had made an interesting move at the beginning of the month by announcing the restructuring of SCC’s Indonesian ceramic business. As part of this ongoing internal restructuring with the purpose of production centralization and operational adjustment of Keramika Indonesia Assosiasi Tbk (KIA), a subsidiary of SCC, the shareholders of KIA had approved to dissolve and liquidate PT KIA Sepih Mas (KSM) which is located in Cileungsi and Karawang, West Java. After seeing the entrance of SCC’s subsidiary, SCG Retail Holding Company Limited, in Indonesia to acquire 29% stake of PT Catur Sentosa Adiprana Tbk (CSA) for the construction and designing material business at a value of 2,400 million baht, it has been anticipated that the purpose of this restructuring is to pave the way for SCC to fully penetrate the Indonesian
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