Jardine Cycle clarifies

Jardine Cycle clarifies

In regards to an article published on Wednesday, Aug. 3, in The Jakarta Post page 13 titled Jardine Cycle increases stake in Astra International to majority, it is stated that Jardine Cycle also owns 47.5 percent of Jakarta-based PT Tunas Ridean.

We hereby would like to clarify that up to date Jardine Cycle & Carriage owns 37.38 percent shares of PT Tunas Ridean Tbk, the largest and only listed independent automotive retail and finance group in Indonesia.

MIRANTI H. ANDIYANA Director PT Tunas Ridean Tbk & subsidiaries Jakarta

Note: Thank you for the correction.

--Editor