Siam Cement Group acquired Fajar for $665m.

Siam Cement Group, a Thailand-based holding company engaged in the industrial supplies and construction industries, acquired a majority share of Fajar, which produces and sells the industrial paper for use in the packaging of consumer and industrial goods in Indonesia, for $665m. "The major shareholding in Fajar will allow SCG to enhance its ASEAN growth, especially in Indonesia." Roongrote Rangsiyopash, SCG CEO.