Following the purchase, Jardine Matheson now owns 324.1 million shares or an 82.0% stake in Jardine Cycle & Carriage.
Jardine Matheson Holdings (JMH), through Jardine Strategic Singapore (JSS), has increased its stake in Jardine Cycle & Carriage (SGX:C07
) (Jardine C&C) yet again.
According to a June 13 filing on the Singapore Exchange (SGX:S68) (SGX), JSS bought 444,900 shares from the market at $27.0006 per share on June 12, bringing the total consideration to around $12.0 million.
