Is Jardine C&C likely to be taken private?
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Jardine Cycle & Carriage is reportedly considering the sale of its car dealerships in Singapore and Malaysia, which contributed less than 5% to its underlying profit last year. Despite their low financial impact, these businesses are integral to the company's identity. Jardine C&C also holds significant stakes in Indonesia's automotive sector through Astra International and Tunas Ridean.
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