SCB sells its insurance firm to Ace Group

Breaking News January 13, 2014 00:00

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The Siam Commercial Bank has agreed to sell its Siam Commercial Samaggi Insurance PCL to the Ace Group for Bt6.1 billion.

SCB’s 60.86 per cent of stakes in SCSMG will be sold to Ace Group at the rate of Bt27.60 per share.
The Nation

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