Taiheiyo Cement to invest in Solusi Bangun Indonesia

Taiheiyo Cement Corp signed a capital transfer and inclusion agreement and offtake agreement with PT Solusi Bangun Indonesia Tbk and PT Semen Indonesia Industri Bangunan on 26 January 2021. Taiheiyo plans to invest US$220m for at least 15% of shares.

“Japanese investor Taiheiyo planned to inject US$220m in capital into SMCB.”cemnet.com

• 1 source
• cemnet.comTaiheiyo signs capital investment agreement in Solusi Bangun IndonesiaICR NewsroomJan 27, 2021

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