·
Underlying net profit attributable to shareholders down 35% to US$1,094 million and underlying earnings per share down 34% to US$1.96 ·
Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors ·
Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai 2020 has brought major challenges to our teams and businesses, but also demonstrated once again the Group s ability to adapt and thrive as our businesses accelerated the pace at which they adopt technology and embraced digital ways of working. High levels of uncertainty remain in respect of this year, however, given the continuing impact of the pandemic. The Group s performance in the first part of 2021 is expected to be affected in particular by the continuing headwinds faced by ou
Company
Jardine Matheson Holdings Limited is a holding company with diversified businesses focused principally on Asia. Along with subsidiaries, the Company operates its business through the following segments: Jardine Pacific, Jardine Motors, Jardine Lloyd Thompson, Hongkong Land, Dairy Farm, Mandarin Oriental, Jardine Cycle & Carriage and Astra. The Company and its subsidiaries provide services in the fields of property.
Headlines · Underlying net profit attributable to shareholders down 32% to US$1,085 million and underlying earnings per share down 30% to US$2.95 · Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors · Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai · Dividend maintained at US $1.72 per share for the year, reflecting Board s confidence in long-term strength of underlying businesses and balance sheet · Separate announcement of offer to acquire remaining c.15 % of Jardine Strategic for US$33 per share in cash 2020 has brought major challenges to our teams and businesses, but also demonstrated once again the Group s ability to adapt, pe
by (to be implemented by way of an amalgamation under the Bermuda Companies Act) Summary Jardine Matheson and Jardine Strategic are pleased to announce that Jardine Strategic has agreed to a proposal made by Jardine Matheson on the terms of a recommended cash acquisition by Jardine Matheson of the 15 per cent. of Jardine Strategic s issued share capital which Jardine Matheson or its wholly-owned subsidiaries do not already own (the Acquisition ). The Acquisition will be implemented by way of an amalgamation under the Bermuda Companies Act. Under the Bermuda Companies Act, a special general meeting of Jardine Strategic will be convened to consider and vote on the Acquisition ( Special General Meeting ) and all shareholders of Jardine Strategic ( Jardine Strategic Shareholders ), including Jardine Matheson and its subsidiaries, are entitled to vote at that Special General Meeting.
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;