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The Siam Kraft Industry acquires 55% Fajar Surya Wisesa (FASW) shares

22 Aug 2024 15:54

On Tuesday, August 20, PT Fajar Surya Wisesa Tbk (FASW) appointed foreign investor Siam Kraft Industry Company Limited as its new controller. More than 1.36 billion FASW shares, or 55.24% ownership, were purchased by this Thai investor. In addition to producing packaging paper, FASW is also a part of the Thailand-based SCG Packaging group.

The Siam Kraft Industry acquires 55% Fajar Surya Wisesa (FASW) shares