Siam City Cement sets deal

Article Abstract:

Siam City Cement PCL of Thailand has announced the signing of an agreement that will restructure offshore debts of $501.83 million with 63 financial institutions. Under the terms of the Jul 21, 1999, deal, the company will make an upfront payment of $250 million to its creditors and receive an 18-month grace period. Siam, Thailand's second-biggest cement maker, has also succeeded in moving its balance repayment deadline from 2001 to Jun 2006.

Financial management, Cement, Cement Manufacturing, Management, Cement industry, Siam City Cement Company Ltd.

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Bancock finally gets much-needed Skytrain on track

Article Abstract:

This article discusses the elevated rail system which has begun operating in Bangkok, Thailand after long delays. The 23.5 kilometer network is the beginning of a proposed 260 kilometer system.

Railroad Rolling Stock Manufacturing, Capital expenditures, New orders received, New Rail Passenger Cars, Rail Mass Transit, Urban Transit Systems, Railroad equipment industry, Transportation industry, Contracts, Transportation, Siemens AG, Passenger cars (Railcars), Porsche AG, Bangkok, Thailand (City), Bangkok Mass Transit System PLC

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