Jardine Matheson
Jardine Matheson targets 5% annual dividend growth, launches US$500 million share buyback
It is also eyeing annualised total shareholder return of at least 9% over the next five years
Jardines has survived wars and market collapses. Can it survive the digital age?
For investors, a flood of rumours over the sale of assets – including properties, fast-food chains and car dealerships – can be disconcerting
SGX-listed Jardine Matheson eyes more Asia deals after US$10 billion spree to revamp empire
The company and its subsidiaries are shedding capital-intensive assets across sectors
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
