trending Market Intelligence /marketintelligence/en/news-insights/trending/-JaWa0paA1KKTu588AS_rA2 content esgSubNav
In This List

Singapore's Jardine Cycle & Carriage forms vehicle-leasing subsidiary

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


Singapore's Jardine Cycle & Carriage forms vehicle-leasing subsidiary

Singapore-based investment holding company Jardine Cycle & Carriage Ltd. said Jan. 3 that it established a new wholly owned subsidiary that will specialize in vehicle leasing.

The new company, called Cycle & Carriage Leasing Pte. Ltd., has an initial capital of S$1.

The company — which engages in businesses such as automotive, financial, heavy equipment and mining — said the unit's establishment is not expected to have a material impact on the group's net tangible assets or EPS.