17 Aug 2018 10:26
To: Business Editor For immediate release
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The following announcement was issued today to a Regulatory Information Service approved by the Financial Conduct Authority in the United Kingdom.
DAIRY FARM'S PARTNERSHIP WITH ROBINSONS IN THE PHILIPPINES RECEIVES COMPETITION COMMISSION APPROVAL17thΒ August 2018 - Dairy Farm International Holdings Limited is pleased to announce that, on 16th August 2018, the combination of its wholly-owned food retail business, Rustan Supercenters, Inc., with Robinsons Retail Holdings Inc. received the approval of the Philippine Competition Commission.Β Β Completion of this transaction is expected to take place in the next couple of months, at which time a further announcement will be made.Dairy Farm is a leading pan-Asian retailer. The Group, together with its associates and joint ventures, operate over 7,400 outlets - including supermarkets, hypermarkets, convenience stores, health and beauty stores, home furnishings stores and restaurants - employing over 200,000 people, and had total sales in 2017 exceeding US$21 billion. Dairy Farm International Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.
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For further information, please contact:
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Dairy Farm Management Services Limited
Ian McLeod (852) 2299 1881Neil Galloway (852) 2299 1896
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Brunswick Group Limited
Kirsten Molyneux (852) 3512 5053
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This and other Group announcements can be accessed through the internet at 'www.dairyfarmgroup.com'.
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