# SCG Decor to List on Stock Exchange of Thailand under ticker “SCGD”

- Link: https://www.thailand-business-news.com/set/119310-scg-decor-set-to-list-on-stock-exchange-of-thailand
- Published: 2023-12-22T13:38:21+07:00
- Author: SET News

**SCG Decor pcl will be listed on the Stock Exchange of Thailand on December 20,
2023 under ticker “SCGD”, with a market capitalization of THB 18.98 billion. The
company, a subsidiary of Siam Cement Group, plans to use funds from the IPO for 
expansion and carbon emission reduction, with a dividend policy of at least 30% 
of net profit.**

---

## SET welcomes decor surface and bathroom manufacturer “SCGD” on Dec 20

On December 20, 2023, the Stock Exchange of Thailand (SET) will list SCG Decor pcl
under the ticker symbol “SCGD”. The company’s market capitalization at its initial
public offering (IPO) will be THB 18.98 billion (approx. USD 540.28 million).

ADVERTISEMENT

## SCGD: A Leader in Decor Surface and Bathroom Business

SCGD is a Siam Cement Group’s flagship company engaged in a holding company in which
its subsidiaries and associates are manufacturers of floor and wall tiles in Thailand
and overseas countries.

The company will use the funds raised from the IPO for production capacity and sales
channel expansion, efficiency improvement in operation, and achieving net-zero carbon
emissions by 2050, among other initiatives.

### Related**Posts**

###  󠀁[Thai Listed Companies Face Nearly $11 Billion in Annual Climate‑Risk Costs by 2050, S&P Global Warns](https://www.thailand-business-news.com/environment/329326-thai-listed-companies-face-nearly-11-billion-in-annual-climate-risk-costs-by-2050-sp-global-warns)󠁿

###  󠀁[Offering incentives for companies on the Green List with the IDX Green Equity designation](https://www.thailand-business-news.com/asean/indonesia/331229-offering-incentives-for-companies-on-the-green-list-with-the-idx-green-equity-designation)󠁿

###  󠀁[Digital Economy and E-Commerce: ASEAN’s $1 Trillion Growth Engine](https://www.thailand-business-news.com/asean/323792-digital-economy-and-e-commerce-aseans-1-trillion-growth-engine)󠁿

###  󠀁[The Digital Money Revolution: How a trillion-dollar transformation unfolded in Southeast Asia without much notice](https://www.thailand-business-news.com/set/330758-the-digital-money-revolution-how-a-trillion-dollar-transformation-unfolded-in-southeast-asia-without-much-notice)󠁿