automotive, property development, agriculture and logistics. THACO is the largest automotive company in Vietnam, it manufactures, assembles, distributes, retails and provides aftersales service of commercial and passenger vehicles, representing BMW, Kia, Mazda, MINI, Peugeot, FOTON and FUSO. It also engages in residential and commercial property development, as well as agriculture in Vietnam, Laos and Cambodia. Additionally, THACO provides logistics services from warehousing, freight forwarding to seaport services. Refrigeration Electrical Engineering Corporation Refrigeration Electrical Engineering Corporation (REE Corp) is a diversified business group in Vietnam, listed on the Ho Chi Minh Stock Exchange. With 29.0% held by Jardine Cycle & Carriage Limited, REE Corp has operations in power and water utility infrastructure, property and M&E services. Jardine Cycle & Carriage first acquired a 10.24% interest in REE Corp in 2012. Vinamilk Vinamilk is the largest dairy producer in Vietnam with about 59% domestic market share and is also one of the largest companies by market capitalisation on the Ho Chi Minh Stock Exchange. In 2017, Jardine Cycle & Carriage Limited first acquired an interest in Vinamilk and currently holds a 10.6% stake in the company. Vinamilk is known for its wide range of dairy products which are sold across 250,000 retail points in Vietnam and exported across the region. The company has also topped Forbes Vietnam's top 50 brands in Vietnam listed companies for seven consecutive years. Siam City Cement In 2015, Jardine Cycle & Carriage Limited acquired a 24.9% interest in Siam City Cement, the second largest cement manufacturer in Thailand. Siam City Cement also has a leading presence in South Vietnam, Thailand, Cambodia and Bangladesh. Jardine Cycle & Carriage now holds 25.5% in Siam City Cement. SCCC is listed on the Stock Exchange of Thailand and operates across South and Southeast Asia, producing concrete and other building materials. Automotive Cycle & Carriage Singapore Cycle & Carriage Singapore (100%) is a leading automotive group in Singapore. It is engaged in the distribution, retail and aftersales service of Mercedes-Benz, Mitsubishi, Kia, Citroën, DS Automobiles and Maxus motor vehicles. It also retails used cars under its Republic Auto brand and has a car leasing business in Singapore. It is also the exclusive distributor of BYD electric forklifts in Singapore. Cycle & Carriage Bintang (Malaysia) Cycle & Carriage Bintang (59.1%) is listed on Bursa Malaysia. With an extensive network of 13 outlets across the country, Cycle & Carriage Bintang is a leading Mercedes-Benz