Jardine Cycle & Carriage

Jardine Cycle & Carriage (“JC&C” or “the Group”) is the investment holding company of the Jardine Matheson Group (“Jardines”) in Southeast Asia. Listed on the Mainboard of the Singapore Exchange and a constituent of the Straits Times Index and MSCI Singapore Index, the Group is 76%-owned by Jardines. By investing in the region’s market leaders, we aim to deliver sustainable growth to create evermore opportunities for our stakeholders in Southeast Asia. Together with our subsidiaries and associates, JC&C provides over 240,000 jobs across the region. • Astra (50.1%-owned), a prominent Indonesian group participating in automotive, financial services, heavy equipment, mining, construction & energy, agribusiness, infrastructure, IT and property. • Truong Hai Group Corporation (26.6%-owned), Vietnam’s fast-growing business group with market-leading positions in automotive, real estate and agriculture. • Direct Motor Interests making up an extensive dealership network through the Cycle & Carriage businesses in Singapore (100%-owned), Malaysia (97.0%-owned) and Myanmar (60%-owned), and Tunas Ridean (49.9%-owned) in Indonesia. • Other Strategic Interests comprising Refrigeration Electrical Engineering Corporation (34.4%-owned) in Vietnam with interests in power and utilities including renewable energy, property development and office leasing, and mechanical & electrical engineering; Siam City Cement (25.5%-owned) operating in Thailand, Vietnam, Sri Lanka, Cambodia and Bangladesh; and Vinamilk (10.6%-owned), the leading dairy producer in Vietnam.