SCG Chemicals adds to Thailand's IPO listing delays

Companies wait for better conditions in rough year for Bangkok bourse

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Siam Cement Group is delaying the initial public offering of its spinoff SCG Chemicals until Oct. 4. © Reuters

FRANCESCA REGALADO, Nikkei staff writer

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.

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