Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

Big Bloc Construction partners with SCG International Corporation Co. Ltd

Posted On: 2021-09-20 12:58:16 (Time Zone: IST)

BIGBLOC CONSTRUCTION LIMITED and SCG INTERNATIONAL CORPORATION CO. LTD (SCG) announce the signing of an MOU for the purpose of marketing AAC Panels & other building materials. The Company's objective is to promote mutual growth and business expansion in global construction markets.

A Joint Collaboration between BIGBLOC and SCG, is to do joint market survey & premarketing of AAC Panels in India. Through this collabaration, BIGBLOC expects to create foundation for its business development in the new product Autoclaved Aerated Concrete Panel (AAC Panel), along with other products as well, with the help of SCG as it shall begin the pre-marketing phase of SCG's products.

Under the agreement, BIGBLOC and SCG will share product knowledge, technical support, solutions designing and techno-commercial offerings in order to utilize the best of both Companies.

BIGBLOC, a significant player in construction market of the western region of India, has committed to render its expertise, technologies and sales & marketing channels in India as a contribution to the joint venture's activities and progress. The Company will provide its business networks such as architects, contractors, applicators, and project developers/owners, to promote and distribute SCG's products. India is a promising market for construction related products, it holds even more potential in recent times on the back of Government's stimulus to infrastructure segment with an intent to support the contracting GDP. Both BIGBLOC and SCG are going to launch marketing activities for their products in due course together in India.

Mr. Narayan Saboo, Chairman, BIGBLOC Construction Limited was quoted as saying, "We are absolutely elated to announce our inaugural joint collabaration with Siam Cement Group (SCG) with the purpose of entering newer markets and expanding ourselves with our diversified product lines. We are the leading manufacturer of AAC Blocks in India and AAC Panels is a new age building material which will further enhance speed and quality of construction. We are fully capable to cater more demand and hence we look forward to scale up by further promoting our product basket. SCG is without a doubt the best for the purpose since it is one of the largest cement and building material companies in Thailand and Southeast Asia. We look forward for the success of this wonderful opportunity which is mutually beneficial for both of our businesses."

Shares of Bigbloc Construction Limited was last trading in BSE at Rs. 112.85 as compared to the previous close of Rs. 112.85. The total number of shares traded during the day was 922 in over 27 trades.

The stock hit an intraday high of Rs. 113.65 and intraday low of 109.95. The net turnover during the day was Rs. 101913.

Click here to send ur comments or to

Other Headlines:

TVS Motor Company wins India Green Energy Award

Zuari Agro Chemicals Limited announces shutdown of NPK plants

Metropolis Healthcare completes acquisition of chain of labs in South India called 'Hitech Diagnostic Centre'

Ravi Kumar Distilleries Ltd resumes operations at factory

JK Cement Ltd and PRESPL sign a Strategic MoU to Curate a 'Decarbonisation Path', envisioned for Decade and Beyond

Bank of India opens first ever branch in Leh

Kotak Partners Pine Labs as it scales up its Merchant Acquiring Business

IndiGo transported 67.9% of the vaccines as India touches 100-crore dose milestone

Cybertech Systems and Software Ltd Q2FY22 consolidated PAT at Rs. 8.47 crore

Reliance Industries Ltd Q2FY22 consolidated PAT rises to Rs. 13680 crore

Dodla Dairy Ltd Q2FY22 consolidated net profit drops to Rs. 29.39 crore

Zenotech Laboratories Ltd posts Rs. 94.64 lakhs profit in Q2FY22

Inventure Growth and Securities Ltd Q2FY22 consolidated PAT at Rs. 3.70 crore

The Federal Bank Ltd reports consolidated PAT of Rs. 487.99 crore in Q2FY22

Crompton Greaves Consumer Electricals Ltd Q2FY22 consolidated PAT up at Rs. 158.81 crore

Tata Consumer Products Ltd consolidated Q2FY22 PAT at Rs. 268.04 crores

Pioneer Distilleries Ltd Q2FY22 loss at Rs. 21.79 crore

Tata Elxsi Ltd Q2FY22 net profit rises to Rs. 125.33 crore

Kirloskar Ferrous Industries Ltd posts Rs. 119.91 crores PAT in Q2FY22

Control Print Ltd posts Rs. 9.83 crore consolidated PAT in Q2FY22

Sacheta Metals Ltd Q2FY22 net profit at Rs. 0.42 crore

TCI Developers Ltd reports consolidated PAT at Rs. 14.35 lakhs

Huhtamaki India Ltd reports Q3CY21 loss at Rs. 21.84 crore

Garment Mantra Lifestyle Ltd opens 13th store at Surat, Gujarat

Globalspace Technologies Ltd Board recommends Final Dividend of Rs. 0.20

Prismx Global Ventures Ltd launches 'Gudgudi' The First OTT Channel

2021 TCS New York City Marathon App Lets Fans Enjoy a Hybrid Race Experience

Kranti Industries Ltd receives in-principle approval for migration to main board

B P Capital Ltd allots 30 lakh warrants

NALCO's Lean Slurry Project at Angul

Trimurthi Ltd acquires property in Hyderabad

Wendt India Ltd reports earnings for Q2FY22

Shanthi Gears Limited Q2 Revenue at Rs. 71.8 Crs and PBT Rs. 11.3 Crs

TCS & Shell Recognized with 2021 ISG Digital Case Study Award™ for Digital Transformation

Siemens Limited to procure solar power for Kalwa facility

Surana Solar Ltd invests in Surana Infotech Pvt Ltd

PVR announces results for the Quarter & Half Year ended September 30, 2021

Ramkrishna Forgings Ltd Opens Offices in Russia & Europe to further expand its global footprints

INOX Leisure Ltd - Q2'FY22 Financial Results Highlights

Steel Strips Wheels Ltd fixes Nov 22, 2021 as record date for stock split

Apollo Pipes Ltd Board recommends 2:1 Bonus Issue

TCI Express Ltd Board approves interim dividend of Rs. 3

Supreme Industries Ltd Board declares Interim Dividend of Rs. 6

Kajaria Ceramics Ltd Board declares Interim Dividend of Rs. 8

J. Kumar Infraprojects Ltd JV bags order worth Rs. 205.49 crore

Lupin life signs Hrlthik Roshan as the brand ambassador for Be One, Ayurvedic Energy Supplement

Welspun Corp Signs MoU With BP India Pvt. Ltd.

Adani Renewable Energy Holding Fifteen Ltd receives LOA from SECI for 450MW wind power project

The Indian Hume Pipe Company Limited receives LoA for Rs. 156.27 crores order

Zydus announces 'first patient' randomised in EVIDENCES-X Phase II(b) clinical trial of Saroglitazar Mg in NASH

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020