Read the following paragraph and determine if the hypothesis is true:

ZURICH/BERLIN, Jan 29 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday: COMPANY STATEMENTS * Gurit Holding said it will enlarge its group executive committee to eight members, from six at present, effective Feb. 1. * LafargeHolcim said it was exploring options for its business in the Philippines, including a potential sale, as the cement giant seeks to further reduce debt by selling non-core assets. ECONOMY Swiss December trade data due at 0700 GMT. (Reporting by Zurich newsroom and Berlin Speed Desk)

Hypothesis: LafargeHolcim has operations in South East Asia
Yes