SCG Packaging Public Company Limited (SET:SCGP) acquired 90% stake in VEM (THAILAND) CO., LTD. for $4 million on July 1, 2024. A cash consideration of $4 million (approximately THB 146.2 million) will be paid by SCG Packaging Public Company Limited. As part of consideration, $4 million is paid towards common equity of VEM (THAILAND) CO., LTD.

SCG Packaging Public Company Limited (SET:SCGP) completed the acquisition of 90% stake in VEM (THAILAND) CO., LTD. on July 1, 2024.