Following the purchase, Jardine Matheson Holdings (SGX:J36
) has a deemed interest of 79.017% in Jardine Cycle & Carriage, up from 78.979% previously.
Jardine Matheson Holdings, through Jardine Strategic Singapore (JSS), has bought 150,400 shares in Jardine Cycle & Carriage (SGX:C07) from the market at $26.4576 apiece.
The purchase was conducted on April 23 for a total consideration of $3.98 million.
