Jardine C&C

Total dividends for the period stand at about US$1.01 a share, pending shareholder approval

Christopher Ganis will assume the new role on Jul 1

They see JMH’s goals as ‘achievable minimum yardsticks’ that reinforce the group’s strategic transformation story

For investors, a flood of rumours over the sale of assets – including properties, fast-food chains and car dealerships – can be disconcerting

The Singapore and Malaysia car retailer’s staying power stems from its management and people, says Wilfrid Foo

Most of its value resides in Jakarta-listed Astra International, while its own parent has secondary listing in Singapore

Its famous Mercedes-Benz dealerships in Singapore and Malaysia account for only 4 to 5% of the company’s total earnings

A transaction could value the business at US$250 million to US$350 million, say sources

Lee will vacate his current role as the company’s finance director but continue to serve as executive director