Jardine Cycle & Carriage - DBS Research 2026-02-23: Dual ASEAN Growth Engines

• Jardine Cycle & Carriage (SGX:C07) is a leading investment holding company with strategic exposure to Indonesia and Vietnam, anchored by its 50.1% stake in Astra International (ASII IJ Equity), a diversified Indonesian conglomerate spanning automotive manufacturing, components, and financial services.
• - Read this at SGinvestors.io -

Why now? Position ahead by end 1H26.

• Jardine Cycle & Carriage and Astra are expected to provide clearer outcomes from their strategic review by the end of 1H26, with 5-year total shareholder return (TSR) the key performance metric across both entities. We see this as a meaningful re-rating catalyst, potentially translating into sustained share buybacks, higher dividend payouts and selective asset recycling.
• - Read this at SGinvestors.io -

Astra earnings outlook - Resilient fundamentals, but technical headwinds persist.

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Previous report by DBS:
2019-04-30 Jardine Cycle & Carriage - Valuations More Attractive.

Price targets by other brokers at Jardine Cycle & Carriage Target Prices.

Listing of research reports at Jardine Cycle & Carriage Analyst Reports.

Relevant links:
Jardine Cycle & Carriage Share Price History,
Jardine Cycle & Carriage Announcements,
Jardine Cycle & Carriage Dividend Payout Dates & Corporate Actions,
Jardine Cycle & Carriage News