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BRIEF-Jardine Cycle & Carriage increases shareholding in Pt Tunas Ridean Tbk
December 20, 2016 / 9:41 AM / a year ago

BRIEF-Jardine Cycle & Carriage increases shareholding in Pt Tunas Ridean Tbk

Dec 20 (Reuters) - Jardine Cycle & Carriage Ltd

* Purchased in market 30 million shares of rp100 each in pt tunas ridean tbk at rp1,200 per share for rp36 billion

* Transaction is not expected to have a material effect on jc&c’s net tangible assets or eps for fy ending 31 dec 2016

* Additional shares have increased jc&c’s shareholding in pt tunas ridean tbk from 43.8% to 44.4% Source text for Eikon: Further company coverage:

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