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SCG raises stake in Vietnam project
Business, Apornrath Phoonphongphiphat, Published on 04/03/2017
» SET-listed Siam Cement Group (SCC) has revved up its much-delayed petrochemical complex in Vietnam by acquiring a larger stake in the project, making the industrial conglomerate the biggest shareholder, according to SCG’s statement to the Stock Exchange of Thailand (SET).
Conglomerates urged to trim the fat
Business, Apornrath Phoonphongphiphat, Published on 16/07/2015
» Southeast Asian conglomerates will continue to thrive but should trim under-performing businesses and focus more on those that have expertise in order to survive in the long run, says consultancy Bain & Company.