SGX:C07Industrials
Jardine Cycle & Carriage (SGX:C07) Could Be 6% Undervalued As Special Dividend Lands
What Jardine Cycle & Carriage’s special dividend means for shareholders
Jardine Cycle & Carriage (SGX:C07) has proposed a special dividend that combines cash and a distribution in specie of its remaining Toyota Motor Corporation shares, following an earlier divestment of part of that stake.
The proposal totals about US$0.73 per share, split between a cash payout of US$0.37 and an in specie distribution valued at roughly US$0.36 based on the Toyota holding as of 29 July 2026. This structure...