Jardine Cycle & Carriage Sells 3.5% Vinamilk Stake for $188 Million

Reuters02-26

Jardine Cycle & Carriage Sells 3.5% Vinamilk Stake for $188 Million

Jardine Cycle & Carriage Ltd.’s wholly owned subsidiary Platinum Victory Pte. Ltd. sold 73.21 million shares in Vietnam Dairy Products Joint Stock Company (Vinamilk), cutting its stake to 2.5% from 6.0%. The 3.5% stake sale was completed on the Ho Chi Minh Stock Exchange at VND67,300 per share for total proceeds of about VND4,927 billion (around USD188 million), with Jefferies acting as sole global coordinator and bookrunner. Proceeds will be used for internal funding requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jardine Cycle & Carriage Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: ED329S3PIIJGOI5B) on February 26, 2026, and is solely responsible for the information contained therein.

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Ltd. sold 73.21 million shares in Vietnam Dairy Products Joint Stock Company (Vinamilk), cutting its stake to 2.5% from 6.0%. The 3.5% stake sale was completed on the Ho Chi Minh Stock Exchange at VND67,300 per share for total proceeds of about VND4,927 billion (around USD188 million), with Jefferies acting as sole global coordinator and bookrunner. Proceeds will be used for internal funding requirements.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jardine Cycle & Carriage Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. 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