Company Announcements

RNS Number : 6524C
Dairy Farm International Hldgs Ltd
02 October 2018

To:     Business Editor                                                                                         For immediate release


2nd October
2018 - Dairy Farm International Holdings Limited is pleased to announce that it has agreed to acquire the remaining 51% interest in Rose Pharmacy, Inc ('RPI') from BRG Realty Corporation, a company owned by the founders of RPI, the Lim Family.  Upon completion of the transaction, Dairy Farm will hold 100% of RPI.  The transaction is conditional on the approval of the Philippine Competition Commission and completion is expected to take place within the next six 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:


Dairy Farm Management Services Limited

Ian McLeod (852) 2299 1881
Neil Galloway
(852) 2299 1896


Brunswick Group Limited                                           

Kirsten Molyneux (852) 3512 5053


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