Edition:
United Kingdom

Siam Cement Pcl To Divest Its 29.91 Pct Stake In Maxion Wheels (Thailand) Co


Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Siam Cement Pcl ::THAI CONTAINERS GROUP CO DIVESTS ITS 25 PERCENT STAKE IN RENGO PACKAGING MALAYSIA TO RENGO CO.CO TO DIVEST ALL OF ITS 29.91% STAKE IN MAXION WHEELS (THAILAND) CO., TO IOCHPE-MAXION S.A ‍​.SCC WILL RECEIVE TOTAL PROCEED OF 140 MILLION BAHT, & WILL RECOGNIZE NON-RECURRING AFTER TAX GAIN OF ABOUT 63 MILLION BAHT IN Q4 2017.