Jardine Strategic acquisition completed

The company has also been delisted from three exchanges.

Jardine Matheson (JMH) has acquired Jardine Strategic’s 15% issued share capital which it does not already own, according to a filing announcement.

This comes after the approval of JMH’s acquisition by shareholders of Jardine Strategic at a special general meeting held on 12 April.

It has also been delisted from the SGX mainboard, the London Stock Exchange, and the Bermuda Stock Exchange.

Also Read: Jardine Strategic Holdings removed from Straits Times Index

Whilst a number of shareholders in Jardine Strategic voted against the acquisition, “a large number of shares” were from investors who were not shareholders at the time of the announcement on 8 March.

Also Read: Jardine Strategic acquisition to proceed

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Thanks to the renewal of interest in the Singapore market.
The electronics cluster showed the most optimism.
The initiative aims to improve the overseas service exports environment.
This is the group’s 2nd sustainability notes issuance in the SGD bond market.
A Jefferies report said Singapore banks have enough buffers.
HongkongLand, CapitaLandInvest, and ComfortDelGro showed the most growth.
Mizuho Securities Asia Limited will be the notes dealer.
The company’s first batch has been fully allocated in the country.
The total consideration of up to $539m over three years will take effect. 
This is to address the increased global demand for healthcare products.
Thanks to the company's improved distribution channels.
Hiring activities online increased by 55.7% in August.
CapitaLandInvest, Capland IntCom T, and Sembcorp Industries showed the most growth.
This low turnout is due to the large quantum of the project, experts say.