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.
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.
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