Chandra Asri to buy Cycle & Carriage's Singapore, Malaysia auto businesses

Business dealsMove marks further diversification by the Indonesian petrochemical groupMercedes Benz showrooms in Singapore -- like the one pictured on Alexandra Road -- are among the assets due to change hands when Chandra Asri acquires Cycle & Carriage's automotive business in the city-state and Malaysia. (Screenshot

Indonesian Billionaire’s Chandra Asri To Buy Jardine Cycle & Carriage’s Auto Dealership In Malaysia, Singapore  Forbes