Direct Motor Interests

Cycle & Carriage Singapore (100%) is one of the leading automotive groups in Singapore. It is engaged in the distribution, retail and after-sales service of Mercedes-Benz, Mitsubishi, Kia, Citroën and Maxus motor vehicles.


Cycle & Carriage Bintang (59.1%) is listed on Bursa Malaysia. It is the largest dealer of Mercedes-Benz motor vehicles in Malaysia, providing sales and aftersales services for Mercedes-Benz passenger cars and commercial vehicles.


Cycle & Carriage Myanmar (60%) distributes, retails and provides after-sales services for Mercedes-Benz and Mazda passenger cars and commercial vehicles, as well as Fuso commercial vehicles in Myanmar.


Tunas Ridean (44.4%) is listed on the Indonesia Stock Exchange and a leading automotive dealer group in Indonesia. It represents Toyota, Daihatsu, BMW and Isuzu motor vehicles, as well as Honda motorcycles. Tunas Ridean also offers automotive rental and fleet management services. Additionally, it provides vehicle financing through its associate, Mandiri Tunas Finance.


Truong Hai Auto Corporation (THACO) (25.1%) is one of the largest automotive companies in Vietnam. It manufactures, assembles, distributes, retails and provides after-sales service of commercial and passenger vehicles, representing BMW, MINI, Kia, Mazda, Peugeot, Foton and Fuso. THACO also engages in property development in Vietnam.