ahlam1399
09-24-2015, 05:53 PM
UPDATE 1-Siam Commercial Bank sells Siam Cement stake to cover Sahaviriya loan
BANGKOK, Sept 24 (Reuters) - Siam Commercial Bank Pcl said on Thursday it sold its stake in Siam Cement Pcl, raising 4.46 billion baht ($122.76 million) to help tocover provisions for loans to struggling steel firm SahaviriyaSteel Industries.
BANGKOK, Sept 24 (Reuters) - Siam Commercial Bank Pcl said on Thursday it sold its stake in Siam Cement Pcl, raising 4.46 billion baht ($122.76 million) to help tocover provisions for loans to struggling steel firm SahaviriyaSteel Industries.