Home Capital Insider moves

Jardine Matheson directors and Trans-China Automotive chairman raise respective stakes

The Edge Singapore
The Edge Singapore11/3/2022 12:48 PM GMT+08  • 3 min read
Jardine Matheson directors and Trans-China Automotive chairman raise respective stakes
Jardine Matheson, with its headquarters at Jardine House at Hong Kong’s Central, had a book value of US$101 as at June 30 / Photo: Cheung Yin via Unsplash
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Stephen Gore, group director of business development at Jardine Matheson Holdings, acquired 27,200 shares on the open market at more than US$1.25 million ($1.76 million) on Oct 28. Gore, a member of the board, paid between US$45.79 and US$46.37 for each unit.

Gore joined the company’s board on April 1, 2019, as the group finance director before taking on his current appointment on Aug 1. He joined the Jardine group in 2017 as the CFO. He was previously at Bank of America Merrill Lynch from 2012 to 2017 as well as UBS.

Another director, David Hsu, also raised his stake in the company. On Oct 18, Hsu, a non-executive director, acquired 20,000 shares on the open market at US$49.31 each. Hsu, previously CEO of JP Morgan Asset Management in Asia Pacific, joined Jardine back in 2011. His last role was chairman of Jardine Matheson (China).

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.