Jardine Matheson
Singapore stocks fall as US strikes Iran despite peace talks; STI down 0.8%
Across the broader market, losers beat gainers 322 to 257, after 1.9 billion securities change hands
Jardine Matheson acquiring I-MED Radiology Network for A$3.4 billion
Deal will be funded through existing cash and debt
Shareholder change ‘not a new thing’; firm’s strength comes from its talent: Cycle & Carriage MD
The Singapore and Malaysia car retailer’s staying power stems from its management and people, says Wilfrid Foo
Is Jardine C&C likely to be taken private?
Most of its value resides in Jakarta-listed Astra International, while its own parent has secondary listing in Singapore
Shedding the iconic ‘Cycle & Carriage’ will be a loss – but perhaps a necessary one for Jardine
Its famous Mercedes-Benz dealerships in Singapore and Malaysia account for only 4 to 5% of the company’s total earnings
Blue chips close lower in Singapore; STI slides 0.2%
Across the broader market, decliners beat gainers 302 to 262, as 1.5 billion securities worth S$2 billion change hands
Jardine Matheson 2025 underlying profit up 11% at US$1.7 billion
The group’s final dividend of US$1.75 a share brings its full-year payout to US$2.35 a share
STI breaches 4,900; DBS, OCBC, UOL, Jardine Matheson end at record highs
The benchmark index rises 1.3% or 62.09 points to 4,923.02
Mandarin Oriental to delist from SGX on Jan 20 following privatisation
The company was valued at around US$4.2 billion at the time of the offer
Mandarin Oriental to distribute One Causeway Bay sale proceeds in special dividend on Jan 22
The dividend, at US$0.60 a share, will be paid to shareholders on the registers of members at the close of business on Jan 9
