Jardine Cycle & Carriage Ltd is a Singapore‐based investment holding company with a diversified portfolio spanning automotive distribution, heavy equipment, agribusiness, infrastructure and financial services. Originating in 1899 as a bicycle importer and dealer, the company became part of the Jardine Matheson Group in the mid-20th century and was subsequently incorporated in Singapore and listed on the Singapore Exchange. Today, Jardine Cycle & Carriage leverages its century-long heritage to maintain strategic stakes in leading businesses across Southeast Asia.
Through its majority investment in PT Astra International Tbk, Jardine Cycle & Carriage holds exposure to one of Indonesia’s largest conglomerates, with operations in vehicle manufacturing and distribution, heavy equipment, mining support, energy and agribusiness. Beyond Indonesia, the company’s interests extend to vehicle dealerships in Malaysia, Vietnam, Myanmar and Cambodia under the Cycle & Carriage and Motor Image brands. This regional footprint is complemented by interests in parts and component supply as well as after-sales services.
In addition to its stake in Astra, Jardine Cycle & Carriage’s portfolio includes financial services ventures, agricultural machinery distribution and property‐related investments. The company’s management draws on the wider Jardine Matheson network to pursue growth opportunities, maintain strong governance standards and support sustainable development across its diverse operations. Jardine Cycle & Carriage is overseen by a board of directors with deep experience in Asia‐Pacific markets.
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