Ratanarak Group completed the acquisition of the additional 25.5% stake in Siam City Cement from JC&C for $346m.

Ratanarak Group, a Chinese-Thai business family, which has extensive holdings in multiple industries, completed the acquisition of the additional 25.5% stake in Siam City Cement, a cement manufacturer, from Jardine Cycle & Carriage, an investment holding company, for $346m. "One of our fundamental goals is to create an open and trusting working environment that provides challenging career development opportunities as well as competitive compensation and benefits for our employees. We value personal individual ability and working as a team. We treat each other the way we want to be treated and we believe that people work best when there is a foundation of trust," Siam City Cement.