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Investegate |Jardine Strategic Announcements | Jardine Strategic: 2020 Preliminary Announcement of Results

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Underlying net profit attributable to shareholders down 35% to US$1,094 million and underlying earnings per share down 34% to US$1.96
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Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors
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Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai
2020 has brought major challenges to our teams and businesses, but also demonstrated once again the Group s ability to adapt and thrive as our businesses accelerated the pace at which they adopt technology and embraced digital ways of working. High levels of uncertainty remain in respect of this year, however, given the continuing impact of the pandemic. The Group s performance in the first part of 2021 is expected to be affected in particular by the conti ....

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Jardine Strategic Holdings Ltd Recommended Cash Acquisition of Jardine Strategic

by
(to be implemented by way of an amalgamation under the Bermuda Companies Act)
Summary
Jardine Matheson and Jardine Strategic are pleased to announce that Jardine Strategic has agreed to a proposal made by Jardine Matheson on the terms of a recommended cash acquisition by Jardine Matheson of the 15 per cent. of Jardine Strategic s issued share capital which Jardine Matheson or its wholly-owned subsidiaries do not already own (the Acquisition ). The Acquisition will be implemented by way of an amalgamation under the Bermuda Companies Act.
Under the Bermuda Companies Act, a special general meeting of Jardine Strategic will be convened to consider and vote on the Acquisition ( Special General Meeting ) and all shareholders of Jardine Strategic ( Jardine Strategic Shareholders ), including Jardine Matheson and its subsidiaries, are entitled to vote at that Special General Meeting. ....

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