BANGKOK -- A spinoff of Thailand's largest cement company has become the latest to postpone an initial public offering on the Bangkok bourse amid a market downturn brought on by political uncertainty and bleak economic prospects.
Companies wait for better conditions in rough year for Bangkok bourse
Siam Cement Group is delaying the initial public offering of its spinoff SCG Chemicals until Oct. 4. © Reuters
BANGKOK -- A spinoff of Thailand's largest cement company has become the latest to postpone an initial public offering on the Bangkok bourse amid a market downturn brought on by political uncertainty and bleak economic prospects.