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JARDINE MATHESON HOLDINGS LIMITED : J36 Stock Price | BMG507361001


Company
Jardine Matheson Holdings Limited is a holding company with diversified businesses focused principally on Asia. Along with subsidiaries, the Company operates its business through the following segments: Jardine Pacific, Jardine Motors, Jardine Lloyd Thompson, Hongkong Land, Dairy Farm, Mandarin Oriental, Jardine Cycle & Carriage and Astra. The Company and its subsidiaries provide services in the fields of property.  ....

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Investegate |Jardine Matheson Hdg Announcements | Jardine Matheson Hdg: 2020 Preliminary Announcement of Results


 
 
Headlines
·    
Underlying net profit attributable to shareholders down 32% to US$1,085 million and underlying earnings per share down 30% to US$2.95
·    
Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors
·    
Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai
·    
Dividend maintained at
US
$1.72 per share for the year, reflecting Board s confidence in long-term strength of underlying businesses and balance sheet
·    
Separate announcement of offer to acquire remaining
c.15
% of Jardine Strategic for US$33 per share in cash
2020 has brought major challenges to our teams and businesses, but also de ....

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Conglomerate Jardine Matheson offers to buy rest of group unit for $5.5 billion


By Reuters Staff
2 Min Read
SINGAPORE (Reuters) - Jardine Matheson Holdings Ltd on Monday said it plans to buy the remaining 15% of Jardine Strategic Holdings Ltd that it does not already own for about $5.5 billion to simplify the structure of the sprawling Asian conglomerate.
Singapore-listed Jardine Matheson, whose businesses include construction, aviation and automotive, has offered to pay $33 in cash for each Jardine Strategic share, representing a premium of 20% to the stock’s closing price on Friday.
“This will result in a single holding company with a conventional ownership structure and a further increase in the group’s operational efficiency and financial flexibility,” it said in a statement. ....

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