Market Chatter: Jardine Cycle & Carriage Mulls Sale of Dealership in Malaysia, Singapore

MT Newswires

Yesterday

Jardine Cycle & Carriage (SGX:C07) is considering divesting its car dealership in Singapore and Malaysia, Bloomberg News reported on Friday, citing people familiar with the matter.

The stock rose almost 1% in Friday's afternoon trade.

The company has reached out to potential buyers, and a transaction could value the business at between $250 million and $350 million, according to the report.

The dealership offers after-sales services for new and used vehicles across Malaysia and Singapore. Brands offered include Mercedes-Benz, Mitsubishi, Kia, Citroen, and Peugeot, the report said.

Jardine Matheson did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2633486413"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2633486413\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2633486413?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-08 13:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2633486413","market":"hk","top_or_hot":-1,"title":"Market Chatter: Jardine Cycle & Carriage Mulls Sale of Dealership in Malaysia, Singapore","media":"MT Newswires","content":"<html><body><p> Jardine Cycle &amp; Carriage (SGX:C07) is considering divesting its car dealership in Singapore and Malaysia, Bloomberg News reported on Friday, citing people familiar with the matter.</p><p>The stock rose almost 1% in Friday's afternoon trade.</p><p>The company has reached out to potential buyers, and a transaction could value the business at between $250 million and $350 million, according to the report.</p><p>The dealership offers after-sales services for new and used vehicles across Malaysia and Singapore. Brands offered include Mercedes-Benz, Mitsubishi, Kia, Citroen, and Peugeot, the report said.</p><p><a href=\"https://laohu8.com/S/JARLF\">Jardine Matheson</a> did not immediately respond to a request for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Jardine Cycle & Carriage Mulls Sale of Dealership in Malaysia, Singapore</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Jardine Cycle & Carriage Mulls Sale of Dealership in Malaysia, Singapore\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2026-05-08 13:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Jardine Cycle &amp; Carriage (SGX:C07) is considering divesting its car dealership in Singapore and Malaysia, Bloomberg News reported on Friday, citing people familiar with the matter.</p><p>The stock rose almost 1% in Friday's afternoon trade.</p><p>The company has reached out to potential buyers, and a transaction could value the business at between $250 million and $350 million, according to the report.</p><p>The dealership offers after-sales services for new and used vehicles across Malaysia and Singapore. Brands offered include Mercedes-Benz, Mitsubishi, Kia, Citroen, and Peugeot, the report said.</p><p><a href=\"https://laohu8.com/S/JARLF\">Jardine Matheson</a> did not immediately respond to a request for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999004360.SGD","symbol_name":"Nikko AM Shenton Thrift Fund SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2633486413","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633486413","pubTimestamp":1778218438,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Jardine Cycle & Carriage  is considering divesting its car dealership in Singapore and Malaysia, Bloomberg News reported on Friday, citing people familiar with the matter.The stock rose almost 1% in Friday's afternoon trade.The company has reached out to potential buyers, and a transaction could value the business at between $250 million and $350 million, according to the report.The dealership offers after-sales services for new and used vehicles across Malaysia and Singapore. Brands offered include Mercedes-Benz, Mitsubishi, Kia, Citroen, and Peugeot, the report said.Jardine Matheson did not immediately respond to a request for comment from MT Newswires.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","IE0008368411.USD":"FSSA ASIAN GROWTH \"I\" (USD) ACC","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","BK6111":"工业集团企业","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","BK6517":"汽车股","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","IE0009570106.USD":"FSSA ASIA OPPORTUNITIES \"I\" (USD) ACC","IE00B031HW06.USD":"FSSA ASIAN GROWTH \"I\" (USD) INC","IE00BWDBJ730.SGD":"Legg Mason QS - MV Asia Pacific ex Japan Equity Growth and Income A Mdis SGD-H Plus","IE0031814969.USD":"FSSA ASEAN ALL CAP FUND \"I\" (USD) ACC","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","IE00B19Z5X02.USD":"Legg Mason QS - MV Asia Pacific ex Japan Equity Growth and Income A Acc USD","LU1839390173.USD":"JPM ASEAN EQUITY \"A\" (USD) INC","IE00BQJZWZ67.USD":"FRANKLIN MV ASIA PACIFIC EX JAPAN EQUITY GROWTH AND INCOME \"A\" (USD) INC (M) PLUS","C07.SI":"怡和合发"},"translate_title":"市场热议：怡和自行车考虑出售马来西亚、新加坡经销店","themeId":"b010cf239ffd4765bcd3edd8f767f746","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C07.SI":0.9},"content_text":"Jardine Cycle & Carriage (SGX:C07) is considering divesting its car dealership in Singapore and Malaysia, Bloomberg News reported on Friday, citing people familiar with the matter.The stock rose almost 1% in Friday's afternoon trade.The company has reached out to potential buyers, and a transaction could value the business at between $250 million and $350 million, according to the report.The dealership offers after-sales services for new and used vehicles across Malaysia and Singapore. Brands offered include Mercedes-Benz, Mitsubishi, Kia, Citroen, and Peugeot, the report said.Jardine Matheson did not immediately respond to a request for comment from MT Newswires.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}