Showing 1 - 10 of 45
CMAN to Acquire 60% Stake in Indonesian Lime Firm
Published on 14/10/2025
» Expanding its footprint across Southeast Asia, Chememan Public Company Limited (CMAN) has entered into agreements to acquire a 60% equity stake in PT Bukit Bunea (BB), a subsidiary of Indonesia’s PT Citatah Tbk (CTTH). The acquisition, valued at USD 10.5 million (approximately THB 336 million), will be executed through the purchase of newly issued shares under a Conditional Shares Subscription Agreement (CSSA) and a Shareholders’ Agreement (SHA) with CTTH and its founder, Mr Taufik Johannes. The strategic investment remains subject to customary conditions precedent and is expected to be completed by the second quarter of 2026.
Hoping for a spending bonanza
Business, Post Reporters, Published on 07/10/2024
» The initial phase of the government's cash handout is expected to lift the Thai economy in the coming months, according to industrial leaders and brokerages, with some suggesting targeted assistance in the second phase for people with more purchasing power.
CMAN signs agreement with KMC to build new world-class lime factory in Northern India
Published on 24/01/2024
» CMAN has made a hugely significant move by signing the "Khimsar Agreement" with Khimsar Mine Corporation to build a modern lime factory in Khimsar, Rajasthan, only the first step towards becoming one of the largest lime producers in India.
Waiting for the dominoes to fall
Business, Post Reporters, Published on 17/07/2023
» Thai politics stands at a crossroads as an attempt to form a new government by eight coalition parties was blocked by military-appointed senators during the vote for a premier in parliament last week.
SET index fluctuates amid uncertain political outlook
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 13/07/2023
» The Thai stock market switched from gains in the morning session to losses in afternoon trade on Wednesday after the Election Commission (EC) decided to send Move Forward Party (MFP) leader Pita Limjaroenrat’s iTV shareholding case to the Constitutional Court for final judgement.
The critical first 100 days
Business, Post Reporters, Published on 08/05/2023
» Business leaders have begun to think about the outlook for Thailand in the first 100 days under a new administration, with the poll less than a week away.
Banking on virtual success
Business, Somruedi Banchongduang, Sirivish Toomgum, Komsan Tortermvasana and Suchit Leesa-nguansuk, Published on 23/01/2023
» Leading companies in the financial, tech and telecom sectors have expressed interest in developing a virtual bank business, with the aim of exploring greater opportunities in the digital era.
Cabinet approves tax on share sales
Business, Wichit Chantanusornsiri and Nareerat Wiriyapong, Published on 30/11/2022
» The cabinet has approved a financial transaction tax on individual stock investors, ending a four-decade waiver.
Suki Teenoi utility token set for 2023 launch
Business, Komsan Tortermvasana, Published on 11/11/2022
» SET-listed Jay Mart, a holding firm engaged in IT retail, finance and technology, plans to create a utility token for launch next year for the suki restaurant brand Suki Teenoi operated by BNN Restaurant Group.
Jay Mart rebrands amid breakneck growth
Business, Komsan Tortermvasana, Published on 29/10/2022
» Starting with a single retail shop selling electrical appliances 32 years ago, Jay Mart has become a listed holding conglomerate engaged in retail IT, finance and technology, with business partnerships set to expand in order to foster synergy and drive growth.