Inactive Instrument

Cycle & Carriage Bintang

Equities

CCB

MYL2925OO005

Auto Vehicles, Parts & Service Retailers

Axis Real Estate Investment Trust agreed to acquire Properties Located in Petaling Jaya from Cycle & Carriage Bintang Berhad for MYR 69 million.

May 22, 2024

Axis Real Estate Investment Trust (KLSE:AXREIT) agreed to acquire Properties Located in Petaling Jaya from Cycle & Carriage Bintang Berhad for MYR 69 million on May 23, 2024. The Proposed Acquisition of the Properties will be funded by existing bank financing of Axis-REIT. Transaction is subject to approval from Cycle & Carriage Bintang Berhad's shareholders.

The Proposed Acquisition of the Property is expected to be completed by the fourth quarter of year 2024.

Latest news about Cycle & Carriage Bintang

Axis Real Estate Investment Trust agreed to acquire Properties Located in Petaling Jaya from Cycle & Carriage Bintang Berhad for MYR 69 million.	05-22	CI
Jardine Cycle & Carriage Limited completed the acquisiition of Cycle & Carriage Bintang Berhad.	22-08-24	CI
Cycle & Carriage Bintang Swings to Profit in Q2	22-07-26	MT
Cycle & Carriage Bintang Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-07-25	CI
Jardine Cycle & Carriage Offers to Acquire Remaining Stake in Cycle & Carriage Bintang	22-07-14	MT
Jardine Cycle & Carriage Limited made an offer to acquire remaining 10.00605% stake in Cycle & Carriage Bintang Berhad for MYR 27.2 million.	22-07-13	CI
Cycle & Carriage Bintang's Profit Surges, Revenue Rises in Q1	22-04-27	MT
Cycle & Carriage Bintang Berhad Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-26	CI
Cycle & Carriage Bintang Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021	22-02-25	CI
Cycle & Carriage Bintang Berhad Appoints Mr. Ng Yang Yen (Wu Yangyan) as Non Independent and Non Executive Alternate Director	22-02-25	CI
Cycle & Carriage Bintang Berhad Announces Appointment of Wilfrid Foo Tsu-Jin (Fu Siren) as Non Independent and Non Executive Member of Nomination and Remuneration Committee, Date of Change Is 01 Feb. 2022	22-01-26	CI
Cycle & Carriage Bintang Berhad Appoints Mr. Tok Chek Kuan as Chief Executive Officer, Effective from February 1, 2022	22-01-12	CI
Cycle & Carriage Bintang Berhad Announces Resignation of Chan Tze Choong Eric as Member of Nomination Committee, Effective January 31, 2022	21-12-13	CI
Cycle & Carriage Bintang Berhad Announces Resignation of Chan Tze Choong Eric as Non-Independent Non-Executive Chairman, Effective January 31, 2022	21-12-13	CI
Cycle & Carriage Bintang Berhad Announces Resignation of Chan Tze Choong Eric as Chairman of Remuneration Committee, Effective January 31, 2022	21-12-13	CI
Cycle & Carriage Bintang Berhad Announces Resignation of Wilfrid Foo Tsu-Jin as Chief Executive Officer, Effective January 31, 2022	21-12-13	CI
Cycle & Carriage Bintang Berhad Announces Cessation of Hsu Hai Yeh as Alternate Director, Effective 31 January 2022	21-12-13	CI
Cycle & Carriage Bintang Berhad Announces Appointment of Wilfrid Foo Tsu-Jin as Non Independent and Non Executive Chairman, Effective February 1, 2022	21-12-13	CI
Cycle & Carriage Bintang Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-01	CI
Cycle & Carriage Bintang Berhad Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-07-28	CI
Cycle & Carriage Bintang Berhad Reports Earnings Results for the First Quarter Ended March 31, 2021	21-04-23	CI
Venture : Singapore Stocks Surge on Fed's US Growth Forecast; Venture Closes 1% Higher on Share Issuance	21-03-18	MT
Jardine Cycle & Carriage : to Privatize Cycle & Carriage Bintang for $24 Million	21-03-17	MT
Jardine Cycle & Carriage Limited made an offer to acquire remaining 40.9% stake in Cycle & Carriage Bintang Berhad for MYR 98.9 million.	21-03-16	CI
Cycle & Carriage Bintang Berhad Appoints Lau Yen Hoon as Joint Secretary	21-03-16	CI

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Company Profile

Cycle & Carriage Bintang Berhad is a Malaysia-based company, which consists of the retailing of motor vehicles, sale of spare parts and servicing of vehicles. The Company operates through Automotive industry segment, which is engaged in the retailing of motor vehicles, sale of spare parts and servicing of vehicles. The Company is a dealer of Mercedes-Benz motor vehicles in Malaysia. It provides retail and after-sales service for Mercedes-Benz passenger cars and commercial vehicles, as well as for Fuso trucks. The Company owns approximately 12 outlets across Peninsular Malaysia. Its subsidiaries include Cycle & Carriage Bintang (Perak) Sdn. Bhd. and Cycle & Carriage Bintang (Northern) Sdn. Bhd., which is engaged in the retailing of motor vehicles, sale of spare parts and servicing of vehicles, and Lowe Properties Sdn. Bhd., which is engaged in the renting of premises.

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Auto Vehicles, Parts & Service Retailers

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