Asia Pacific Gift Card and Incentive Card Market Report 2021: Spend Analysis by Digital/e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions and Demographics
April 29, 2021 04:03 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The gift card market in Asia Pacific has witnessed significant growth in the past few years. The gift card industry has performed well, taking away market share from traditional gifting sector. The overall gift industry has been impacted by the COVID-19 pandemic.
The gift card market is expected to grow backed by increase in digitization as well as surge in online shopping. The E-commerce market in the region has recorded significant growth in the recent years due to better Internet connectivity and penetration across the region. The surge in internet penetration has led to digitization. This trend has accele
The Straits Times
PublishedMar 12, 2021, 7:23 am SGT
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SINGAPORE (BLOOMBERG) - Opposition from minority shareholders to a restructuring effort by the Jardine Group is growing, with some investors considering going to court over its plan to buy out a London and Singapore-listed unit for what they say is a US$1 billion (S$1.34 billion) discount.
Jardine Investors Oppose $1 Billion Discount in Buyout Plan bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
2 Min Read
SINGAPORE (Reuters) - Jardine Matheson Holdings Ltd on Monday said it plans to buy the remaining 15% of Jardine Strategic Holdings Ltd that it does not already own for about $5.5 billion to simplify the structure of the sprawling Asian conglomerate.
Singapore-listed Jardine Matheson, whose businesses include construction, aviation and automotive, has offered to pay $33 in cash for each Jardine Strategic share, representing a premium of 20% to the stock’s closing price on Friday.
“This will result in a single holding company with a conventional ownership structure and a further increase in the group’s operational efficiency and financial flexibility,” it said in a statement.
Jardine Matheson Holdings Ltd s businesses range from automobiles and hotels to supermarkets all around Asia.
SINGAPORE: Jardine Matheson Holdings Ltd on Monday said it plans to buy the remaining 15% of Jardine Strategic Holdings Ltd that it does not already own for about $5.5 billion to simplify the structure of the sprawling Asian conglomerate.
Singapore-listed Jardine Matheson, whose businesses include construction, aviation and automotive, has offered to pay $33 in cash for each Jardine Strategic share, representing a premium of 20% to the stock s closing price on Friday. This will result in a single holding company with a conventional ownership structure and a further increase in the group s operational efficiency and financial flexibility, it said in a statement.