Brief: Jardine Cycle & Carriage increases shareholding in Pt Tunas Ridean Tbk
Dec 20 (Reuters) - Jardine Cycle & Carriage Ltd JCYC.SI
* Purchased in market 30 million shares of rp100 each in pt
tunas ridean tbk at rp1,200 per share for rp36 billion
* Transaction is not expected to have a material effect on
jc&c's net tangible assets or eps for fy ending 31 dec 2016
* Additional shares have increased jc&c's shareholding in pt
tunas ridean tbk from 43.8% to 44.4%
Source text for Eikon: ID:nSN2lTmSr
Further company coverage: JCYC.SI
((Bangalore.newsroom@thomsonreuters.com;))
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