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BRIEF-Jardine Cycle & Carriage Announces Disposal Of Bank Permata Shares By Astra

Reuters SG

Dec 12 (Reuters) - Jardine Cycle & Carriage Ltd:

* JARDINE CYCLE & CARRIAGE LTD ANNOUNCES PROPOSED DISPOSAL BY ASTRA OF SHARES IN BANK PERMATA

* REPRESENTS A GAIN ON DISPOSAL OF ABOUT US$603.7 MILLION OVER CARRYING VALUE OF SALE SHARES FROM DEAL

* BASED ON 3QFY2019 FINANCIAL STATEMENT, NET PROFIT ATTRIBUTABLE TO ALL ASTRA'S SHARES IN BANK PERMATA WAS ABOUT US$35.0 MILLION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)