Fitch Places JWD InfoLogistics’ National Ratings on Rating Watch Positive
Fitch Ratings (Thailand) has placed JWD InfoLogistics Public Company Limited’s ‘BB+(tha)’ National Long-Term Rating and its ‘B(tha)’ National Short-Term Rating on Rating Watch Positive (RWP). This follows JWD’s announcement of its merger with SCG Logistics Management Company Limited (SCGL), a subsidiary of The Siam Cement Public Company Limited’s (SCC, A+(tha)/Negative) group, by share swaps. The…