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MarketScreener Homepage  >  Equities  >  INDONESIA STOCK EXCHANGE  >  P.T. Fajar Surya Wisesa Tbk    FASW   ID1000068208

P.T. FAJAR SURYA WISESA TBK

(FASW)
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End-of-day quote. End-of-day quote INDONESIA STOCK EXCHANGE - 11/26
7000 IDR   0.00%
2019Thai Siam Cement acquires Indonesian paper firm Fajar for $665 million
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Thai Siam Cement acquires Indonesian paper firm Fajar for $665 million

05/10/2019 | 07:16am EST

BANGKOK (Reuters) - Thailand's largest industrial conglomerate Siam Cement Group Pcl (SCG) acquired a 55% stake in Indonesian paper packaging company, PT Fajar Surya Wisesa Tbk from existing shareholders for $665 million, it said on Friday.

"The major shareholding in Fajar will allow SCG to enhance its ASEAN growth, especially in Indonesia," chief executive Roongrote Rangsiyopash, said referring to the Association of Southeast Asian Nations.

SCG's packaging business profits of 1.68 billion baht, made up 14.4% of the company's profit in the three months ending in March.

Financing will come from internal sources, Roongrote said, adding that the transaction is expected to be completed in the third quarter of this year, after which SCG will make a mandatory tender offer.

(Reporting by Chayut Setboonsarng, editing by Louise Heavens)


© Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
JUST GROUP PLC -1.90% 56.8 Delayed Quote.-27.03%
P.T. FAJAR SURYA WISESA TBK 0.00% 7000 End-of-day quote.-9.09%
TBK CO., LTD. -1.26% 470 End-of-day quote.3.07%
THE SIAM CEMENT 1.08% 375 End-of-day quote.-4.34%
WILL GROUP, INC. 0.91% 999 End-of-day quote.-20.21%
All news about P.T. FAJAR SURYA WISESA TBK
2019Thai Siam Cement acquires Indonesian paper firm Fajar for $665 million
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Financials
Sales 2019 8 269 B 587 M 587 M
Net income 2019 969 B 68,8 M 68,8 M
Net Debt 2019 4 154 B 295 M 295 M
P/E ratio 2019 19,7x
Yield 2019 2,39%
Capitalization 17 345 B 1 226 M 1 232 M
EV / Sales 2018 2,33x
EV / Sales 2019 2,81x
Nbr of Employees 3 479
Free-Float 0,29%
Chart P.T. FAJAR SURYA WISESA TBK
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P.T. Fajar Surya Wisesa Tbk Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Managers
NameTitle
Peerapol Mongkolsilp President Director
Tanawong Areeratchakul President Commissioner
Marco Hardy Secretary & Finance Manager
Ishak Surjana General Manager-Information Technology
Tony Tjandra Independent Commissioner
Sector and Competitors
1st jan.Capitalization (M$)
P.T. FAJAR SURYA WISESA TBK-9.09%1 226
PACKAGING CORPORATION OF AMERICA18.56%12 502
MONDI PLC-4.68%10 914
CASCADES INC.30.15%1 152