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Siam Cement PCL (SCC.BK)

SCC.BK on Stock Exchange of Thailand

500.00THB
19 Jan 2018
Change (% chg)

-2.00฿ (-0.40%)
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502.00฿
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Latest Key Developments (Source: Significant Developments)

Thai-German Ceramic Industry Passes Resolution To Amalgamate Co With Subsidiaries Of Siam Cement
Wednesday, 20 Dec 2017 01:52am EST 

Dec 20 (Reuters) - THAI-GERMAN CERAMIC INDUSTRY ::BOARD PASSED RESOLUTION FOR AMALGAMATION BETWEEN THAI-GERMAN CERAMIC INDUSTRY AND SUBSIDIARIES OF SIAM CEMENT.  Full Article

Siam Cement Pcl To Divest Its 29.91 Pct Stake In Maxion Wheels (Thailand) Co
Wednesday, 13 Dec 2017 05:52am EST 

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.  Full Article

Thai Siam Cement maintains growth target of 3-5 pct for 2017
Wednesday, 1 Nov 2017 03:45am EDT 

Nov 1 (Reuters) - Thai Siam Cement Pcl :Says maintains target growth of 3 percent to 5 percent for this year after 4 percent growth in first nine months.Expects domestic cement demand to remain negative, expects better Q4 on public spending.Plans capex of 5-6 billion baht for next year.Says investment next year will focus on petrochemical complex in Vietnam.Says Vietnam petrochemical complex worth 180 billion baht and will take 4.5 years.Says looking for investment in Myanmar and Laos next year.Says investment in Myanmar will be in existing cement business.  Full Article

Siam Cement says Q3 consolidated profit 11.84 bln baht
Wednesday, 1 Nov 2017 01:45am EDT 

Nov 1 (Reuters) - Siam Cement Pcl :Q3 consolidated profit 11.84 billion baht, down 16 percent yoy.Q3 consolidated revenue from sales 112.43 billion baht, up 7 pct‍​.  Full Article

Siam Cement updates on Tien Phong Plastic Joint Stock Co stake divestiture
Monday, 16 Oct 2017 06:17am EDT 

Oct 16 (Reuters) - Siam Cement Pcl ::Nawaplastic industries (Saraburi) has divested all of its 23.8 percent stake in NTP on HNX during period of Sept. 25, 2017 to Oct. 12, 2017‍​.Will receive total proceeds of 2.35 billion baht from deal ‍​.Co to book net profit after tax of 963 million baht on Nawaplastic sale.  Full Article

Siam Cement says new debenture issuance ‍​approved by SEC
Thursday, 24 Aug 2017 09:50pm EDT 

Aug 25 (Reuters) - Siam Cement Pcl :Securities and Exchange Commission approved issuance of new lot of debenture in amount of 10,000 million baht‍​.  Full Article

Siam Cement Pcl says Q2 profit 13.25 bln baht, down 17 pct
Wednesday, 26 Jul 2017 01:45am EDT 

July 26 (Reuters) - Siam Cement Pcl :For the period of Q2/17, consolidated revenue from sales was flat y-o-y to register baht 108,825 million.Qtrly consolidated profit was 13,252 million baht, down 17% y-o-y.Approved interim dividend payment of baht 8.50 per share for H1 2017.  Full Article

Siam Cement updates on SCC's Long Son Petrochemicals project in Vietnam
Thursday, 13 Jul 2017 09:20pm EDT 

July 14 (Reuters) - Siam Cement Pcl :Unit has approved to proceed with investment of long son petrochemicals company limited.Final contract signing is expected to be in second half of 2017.Total project cost of lsp is about us$5.4 billion, and financing will be with a combination of foreign denominated debt and equity at 60:40.  Full Article

Siam Cement says unit to establish PT SCG Barito Logistics as a logistics JV
Wednesday, 21 Jun 2017 06:01am EDT 

June 21 (Reuters) - Siam Cement Pcl ::SCG Cement – Building Materials Company agreed to co-invest and establish PT SCG Barito Logistics, as a logistics JV company in Indonesia.Investment has an enterprise value of approximately 162 million baht.  Full Article

Thailand's Siam Cement keeps 2017 sales target, eyes M&A deals
Wednesday, 26 Apr 2017 04:07am EDT 

April 26 (Reuters) - Siam Cement Pcl , Thailand's largest industrial conglomerate, says::Keeps 2017 sales growth target of 5-10 percent, despite weak domestic cement demand, as petrochemical business remains good.2017 domestic cement demand may be weaker than forecast of 1-3 percent growth.Studies a second petrochemical plant with Indonesia's Chandra Asri in Indonesia, expects a conclusion in 2018.Eyes M&A cement deals in Southeast Asia.  Full Article