BKK:SCGD

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SCG Decor Dissolves Subsidiary

SCG Decor (BKK:SCGD) unit, Prime Trading, Import and Export One Member, completed the dissolution of stepdown subsidiary, V Ceramic Mekong Delta, according to a Tuesday filing with the Thailand Exchange.Shares of the ceramic tiles and bathroom products maker were up nearly 1% in Wednesday trading.The dissolved subsidiary operated under a manufacturing outlet model in Vietnam, with the dissolution decision taken due to business environment and operational readiness issues.

BKK:SCGD

Asia3h ago

SCG Décor's Unit Forms Joint Venture with Axent Switzerland

SCG Décor's (BKK:SCGD) subsidiary, Siam Sanitary Ware, signed a joint venture agreement with Axent Switzerland to manufacture and assemble smart toilets in Thailand, according to a Wednesday filing with the Thailand Exchange.The ceramic tiles and bathroom products maker will have a 51% stake in the new project, with commercial production slated for April 2027.

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