SINGAPORE (Oct 11): It appears that the Straits Times Index managed to hold at 3,078 on Oct 4, in the area of a previous support and above the Aug 28 low of 3,056. Quarterly momentum has rebounded off a one year low. Volume expanded a little on white candle days, but has generally stayed subdued, s...

JARDINE Matheson's recent scooping up of shares in related company Jardine Strategic up to the free float limit has sparked speculation that there is a privatisation in the making - not of Jardine Strategic, but in a roundabout way, of Mandarin Oriental International.

SINGAPORE (Aug 2): Jardine Matheson Holdings
and Jardine Strategic Holdings reported 152% and 75% higher earnings of US$2.3 billion and US$1.7 billion respectively for the 1H ended June. This was mainly due to the sale of the group’s interest in Jardine Lloyd Thompson which produced a net gain ...

THE following companies saw new developments that may affect trading of their shares on Friday:

DUAL-LISTED Jardine hotelier Mandarin Oriental's underlying net profit - which excludes non-trading items - was more than halved for the first half, according to results released on Thursday.

SINGAPORE (Apr 16): DBS Group Research is upgrading UOL Group to “buy” from “hold” and raising its target price by 20% to $8.58, after UOL’s 50%-owned subsidiary United Industrial Corporation (UIC) raised its stake in Marina Centre. UIC on Apr 12 announced it is acquiring the remaining 24...

SINGAPORE (April 13): United Industrial Corporation (UIC), a subsidiary of UOL Group, is acquiring a further 24.27% stake in its 53.07%-owned indirect subsidiary Marina Centre Private Holdings (MCH) for $485.3 million to be paid in cash. 10%, 10.27% and 4% of the sale shares will be purchased from ...

SINGAPORE (Feb 28): Jardine Strategic Holdings and Jardine Matheson Holdings, both members of the Jardines group of companies, reported 57% and 56% lower FY18 earnings of US$1.84 billion and US$1.73 billion respectively. However underlying net profit for Jardine Strategic and Jardine Matheson were ...

HOTELIER Mandarin Oriental, which is part of the Jardine Matheson Group, saw underlying net profit grow 18.6 per cent to US$65.1 million for the fiscal year 2018.

SINGAPORE (Feb 25): Singapore’s Budget 2019 speech, delivered by Finance Minister Heng Swee Keat on Feb 18, hogged headlines for the better part of the week. Analysts were quick to parse which stocks would be affected by the projected government spending of $80.25 billion. Some $22.7 billion, or ...