Jardine Cycle & Carriage lifts Republic Auto stake to 100% in USD 61 million deal

Reuters2026/07/30 10:23

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Jardine Cycle & Carriage bought the remaining 40% of Republic Auto on March 31, taking its stake to 100% from 60%.
The deal valued the 40% stake at USD 61 million, paid by cancelling and discharging a USD 61 million convertible note issued in 2023.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jardine Cycle & Carriage Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: JLLYE0VIHW86L1VM) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Jardine Cycle & Carriage lifts Republic Auto stake to 100% in USD 61 million deal

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