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Siam Cement Scraps $2 Billion Chemical Unit IPO Amid Stock Slump

Siam Cement Scraps $2 Billion Chemical Unit IPO Amid Stock Slump
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Siam Cement scraps unit IPO | Bloomberg News

Siam Cement Pcl, one of Thailand’s largest industrial conglomerates, scrapped a proposed initial public offering (IPO) for its chemicals unit, citing unfavorable market conditions. SCG Chemicals Pcl’s IPO may be inappropriate at this time after taking into account the readiness of investors to take this sizable share offering, Siam Cement… ....

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