John Witt, group managing director of Jardine Matheson Holdings, has increased his stake in the company. On June 17, Witt acquired 50,000 shares of the company on the open market for US$2.5 million ($3.46 million) in total, or US$50.06 each, according to a June 20 regulatory filing.Witt joined the H...

In a recent discussion, an analyst who declined to be named says Singapore has always had a lot of deep-value plays which trade at very low valuations for years. However, “when the major shareholder gets fed up and makes an offer, he won’t make a super high offer, given the deep discount the sto...

Three of Jardine Matheson’s companies have announced their interim business updates for 1QFY2022 ended March. While Hong Kong Land (HKL) and Dairy Farm International (DFI) showed some improvement, Mandarin Oriental (MO) was badly affected by ongoing restrictions due to the pandemic.Hong Kong LandH...

THE following companies saw new developments that may affect trading of their securities on Friday (Mar 4):

HOTELIER Mandarin Oriental International narrowed its net loss for FY2021 to US$141.4 million from US$680.1 million the year before.

Hong Kong-based conglomerate Jardine Matheson Holdings (JMH) has reported earnings of US$1.88 billion ($2.55 billion) for the FY2021 ended December, reversing from the loss of US$394 million seen in the FY2020. The conglomerate also oversees other listed entities such as Hongkong Land, Jardine Cycle...

Quoteworthy: "As a base from which to run a business it’s very, very poor today" — James Riley, CEO of hotel chain Mandarin Oriental, lamenting Hong Kong’s strict travel restrictions. GST hike needed to ‘build a better Singapore for tomorrow’: Lawrence Wong The impending hike in Singapore...

Hong Kong based conglomerate Jardine Matheson Holdings has reported seeing “encouraging improvement” in many of its businesses in the third quarter over this time last year. However, challenges caused by the pandemic persists. “Conditions are expected to remain uncertain across the Group’s...

Hong Kong-based conglomerate Jardine Matheson Holdings has reported losses of US$117 million for the 1HFY2021 ended June 30. In the year earlier period, the red ink was US$775 million. Underlying profit for the period was US$615 million, up 65% from the year earlier period, as it booked a higher sha...

Hotel operator Mandarin Oriental International has reported losses of US$155.9 million for 1HFY2021, versus losses of US$435.5 million in the year earlier, as the impact of the pandemic on the travel and hospitality industry continues to hurt. However, in a sign of tentative recovery, revenue, in th...