Jardine Strategic Holdings

FLCT to join STI from April 13, replacing Jardine Strategic - THE EDGE SINGAPORE

REITs

FLCT to join STI from April 13, replacing Jardine Strategic

FLCT’s market capitalisation stands at $5.04 bil as of April 8.
Thinly-traded, low free float Jardine Strategic, Frasers Property take different paths to grow - THE EDGE SINGAPORE

Investing ideas

Thinly-traded, low free float Jardine Strategic, Frasers Property take different paths to grow

Jardine Strategic Holdings, with limited liquidity because of a low free float is being taken private.

Results

Jardine Matheson and Jardine Strategic report lower FY20 earnings due to Covid-19 impact on Southeast Asian businesses and Mandarin Oriental

Shares in JMH closed 1.3% up at US$65.57, while shares in JSH closed 0.2% up at US$32.86 on March 11.

Company in the news

Jardine minority shareholders oppose US$1 bil 'discount' in buyout plan

Some shareholders are asking Bermuda courts to assess Jardine Strategic's fair value.
FLCT could replace Jardine Strategic in Straits Times Index: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

FLCT could replace Jardine Strategic in Straits Times Index: CGS-CIMB

CGS-CIMB has also continued its "hold" recommendation on Jardine Matheson, with an unchanged target price of US$54.68.
Jardine Matheson Holdings to acquire remaining stake in Jardine Strategic for US$5.5 bil; Jardine Strategic shareholders to receive US$33 per share - THE EDGE SINGAPORE

Company in the news

Jardine Matheson Holdings to acquire remaining stake in Jardine Strategic for US$5.5 bil; Jardine Strategic shareholders to receive US$33 per share

The proposed acquisition of Jardine Strategic is priced at USD$33 per strategic ordinary share.

Results

Jardine Matheson Holdings says it continues to face 'challenging trading conditions' in 3Q update

While the group registered “some improvement” across its businesses q-o-q, net underlying profit declined y-o-y.

Results

Jardine Matheson and Jardine Strategic post decline in 1H20 earnings

Jardine Matheson and Jardine Strategic both saw earnings for the half-year period decline 49% y-o-y to US$373 million ($513.2 million) and US$395 million respectively.

Results

Jardine Matheson and Jardine Strategic post higher FY19 earnings on one-off gains

Jardine Matheson Holdings and Jardine Strategic Holdings have reported higher earnings for FY2019 ended December on the back of one-off gains, even as underlying net profit fell on lower revenue.

FINANCE

SGX's sustainability push helps secure win; DBS records highest shareholders' return

SINGAPORE (Sept 16): With an overall score of 40.41 points, the Singapore Exchange has emerged as the finance sector winner of The Edge Singapore’s Billion Dollar Club award. The stock exchange operator beat the three local banks — DBS Group Holdings,
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