MT Newswires10-16
Jardine Matheson (SGX:J36) completed the sale of its Cycle & Carriage businesses in Singapore and Malaysia to CCHPL, a unit of Chandra Asri Pacific (IDX:TPIA), according to a Thursday filing.
The company transferred all its shares in the relevant Singapore entities and the Malaysian Cycle & Carriage group to the buyer.
The businesses are no longer part of the Jardine Matheson Southeast Asia group.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
