Jardine Cycle & Carriage spent US$400 million on purchasing 36 million additional shares of Vinamilk
A Singapore-listed Jardine Cycle and Carriage Ltd (JC&C) has bought 36 million additional shares of Viet Nam Dairy Products JSC (Vinamilk), increasing its total investment into Vinamilk to more than US$1 billion, it said in a statement on Thursday.