DOCSLIB.ORG

Preliminary Offering Circular

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Preliminary Offering Circular IMPORTANT NOTICE NOT FOR DISTRIBUTION INTO THE UNITED STATES IMPORTANT: You must read the following before continuing. The following applies to the preliminary offering circular following this page (the “Offering Circular”), and you are therefore advised to read this carefully before reading, accessing or making any other use of this Offering Circular. In accessing this Offering Circular, you agree to be bound by the following terms and conditions, including any modifications to them any time you receive any information from us as a result of such access. NOTHING IN THIS ELECTRONIC TRANSMISSION CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE SECURITIES AND THE GUARANTEE HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR OTHER JURISDICTION AND THE SECURITIES MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES, EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS. THIS OFFERING CIRCULAR MAY NOT BE FORWARDED OR DISTRIBUTED TO ANY OTHER PERSON AND MAY NOT BE REPRODUCED IN ANY MANNER WHATSOEVER, AND IN PARTICULAR, MAY NOT BE FORWARDED TO ANY UNITED STATES ADDRESS. ANY FORWARDING, DISTRIBUTION OR REPRODUCTION OF THIS DOCUMENT IN WHOLE OR IN PART IS UNAUTHORISED. FAILURE TO COMPLY WITH THIS DIRECTIVE MAY RESULT IN A VIOLATION OF THE SECURITIES ACT OR THE APPLICABLE LAWS OF OTHER JURISDICTIONS. Confirmation of your representation: In order to be eligible to view this Offering Circular or make an investment decision with respect to the securities, investors must be purchasing the securities outside the United States in an offshore transaction in reliance on Regulation S under the Securities Act (“Regulation S”). This Offering Circular is being sent at your request and by accepting the e-mail and accessing this Offering Circular, you shall be deemed to have represented to us that the electronic mail address that you gave us and to which this e-mail has been delivered is not located in the United States and that you consent to delivery of such Offering Circular by electronic transmission. You are reminded that this Offering Circular has been delivered to you on the basis that you are a person into whose possession this Offering Circular may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not, nor are you authorised to, deliver this Offering Circular to any other person. The materials relating to the offering of securities to which this Offering Circular relates do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the offering be made by a licensed broker or dealer and the underwriters or any affiliate of the underwriters is a licensed broker or dealer in that jurisdiction, the offering shall be deemed to be made by the underwriters or such affiliate on behalf of the Issuer (as defined in this Offering Circular) in such jurisdiction. This Offering Circular has been sent to you in an electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of electronic transmission and consequently none of The Hongkong and Shanghai Banking Corporation Limited (the “Sole Global Coordinator”) and Bank of China (Hong Kong) Limited, DBS Bank Ltd., Mizuho Securities Asia Limited, MUFG Securities Asia Limited and SMBC Nikko Capital Markets Limited (together with the Sole Global Coordinator, the “Joint Lead Managers” and each a “Joint Lead Manager”) or any person who controls any of the Joint Lead Managers, or any director, officer, employee, representative, adviser or agent of any of the Joint Lead Managers, or affiliate of any such person accepts any liability or responsibility whatsoever in respect of any difference between this Offering Circular distributed to you in electronic format and the hard copy version available to you on request from the Joint Lead Managers. You are responsible for protecting against viruses and other destructive items. Your use of this e-mail is at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. This Offering Circular is in preliminary form and is being furnished in connection with an offering in offshore transactions outside the United States in compliance with Regulation S solely for the purpose of enabling a prospective investor to consider the purchase of the securities described in this Offering Circular. You are reminded that the information in the attached Offering Circular is not complete and may be changed. Preliminary Offering Circular dated 29 March 2021 STRICTLY CONFIDENTIAL Subject to Completion JMH COMPANY LIMITED (incorporated in the British Virgin Islands with limited liability) U.S.$[●][●] PER CENT. GUARANTEED BONDS DUE [●] IRREVOCABLY AND UNCONDITIONALLY GUARANTEED BY or received, and no agreement shall be nary Offering Circular is not an offer to sell JARDINE MATHESON HOLDINGS LIMITED (incorporated in Bermuda with limited liability) ISSUE PRICE: [●] per cent. The U.S.$[●] aggregate principal amount of [●] per cent. guaranteed bonds due [●] (the “Bonds”) will be issued by JMH Company Limited (the “Issuer”), a company incorporated in the British Virgin Islands with limited liability, and will be irrevocably and unconditionally guaranteed (the “Guarantee”) by Jardine Matheson Holdings Limited (the “Guarantor”), a company incorporated in Bermuda with limited liability. The Bonds bear interest on their outstanding principal amount from and including [●] 2021 (the “Issue Date”) at the rate of [●] per cent. per annum. Interest on the Bonds is payable semi-annually in arrear on [●] and [●] in each year. Payments on the Bonds shall be made free and clear of, and without withholding or deduction for, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed, levied, collected, withheld or assessed by the British Virgin Islands or Bermuda or any authority therein or thereof having power to tax, unless such withholding or deduction is required by law. See “Terms and Conditions of the Bonds — Taxation”. The Bonds will constitute direct, unconditional, unsubordinated and (subject to Condition 4 (Negative Pledge) of the Terms and Conditions of the Bonds (the “Terms and Conditions”)) unsecured obligations of the Issuer and shall at all times rank pari passu and without any preference among themselves. The payment obligations of the Issuer under the Bonds shall, save for such exceptions as may be provided by applicable legislation and subject to Condition 4 (Negative Pledge) of the Terms and Condition, at all times rank at least equally with all other unsecured and unsubordinated indebtedness and monetary obligations of the Issuer, present and future. The payment obligations of the Guarantor under the Guarantee will constitute direct, unconditional, unsubordinated and (subject to Condition 4(Negative Pledge) of the Terms and Condition) unsecured obligations of the Guarantor and (save for such exception as may be provided by applicable legislation and Condition 4 (Negative Pledge) of the Terms and Condition) at all times rank at least equally with all other unsecured and unsubordinated indebtedness and monetary obligations of the Guarantor, present and future. Unless previously redeemed, purchased and cancelled, the Bonds will be redeemed at their principal amount on [●] 20[●] (the “Maturity Date”). The Bonds may be redeemed at the option of the Issuer in whole, but not in part, at any time, at their principal amount (together with interest accrued and unpaid (if any) to (but excluding) the date fixed for redemption) in the event of certain changes affecting taxes of the British Virgin Islands or Bermuda. See “Terms and Conditions of the Bonds — Redemption and Purchase — Redemption for Taxation Reasons”. Furthermore, the Issuer may, on or after [●], redeem all, but not some only, of the Bonds at their principal amount, together with interest accrued and unpaid (if any) to (but excluding) the date fixed for redemption. See “Terms and Conditions of the Bonds — Redemption and Purchase”. For a more detailed description of the Bonds, see “Terms and Conditions of the Bonds”. Approval in-principle has been received from the Singapore Exchange Securities Trading Limited (the “SGX-ST”) for the listing of and quotation for the Bonds on the Official List of the SGX-ST. The SGX-ST assumes no responsibility for the correctness of any statements made or opinions expressed or reports contained in this Offering Circular. Admission to the Official List of the SGX-ST and quotation of the Bonds is not to be taken as an indication of the merits of the Issuer, the Guarantor, the Group (as defined below), any of their subsidiaries, their associated companies or the Bonds. Investing in the Bonds involves certain risks. See “Risk Factors” beginning on page 11. The Bonds and the Guarantee described in this Offering Circular have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “Securities Act”) and, subject to certain exceptions, may not be offered or sold within the United States. In addition, this Offering Circular has not been registered as a prospectus with the Monetary Authority of Singapore. For a description of these and certain further restrictions on offers and sales of the Bonds and the distribution of this Offering Circular, see “Subscription and Sale”. The Bonds are expected to be rated “A1” by Moody’s Investors Service, Inc. (“Moody’s”) and “A+” by S&P Global Ratings, a division of S&P Global Inc.
Load more

Recommended publications
  • Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
    Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT
    [Show full text]
  • 09 Board of Directors
    Board of Directors Simon Israel Chua Sock Koong • Non-executive and non-independent Director • Executive and non-independent Director • Chairman, Singtel Board • Member, Optus Advisory Committee • Chairman, Finance and Investment Committee • Date of appointment: Director on 12 October 2006 and Group Chief • Member, Corporate Governance and Nominations Committee Executive Offi cer (CEO) on 1 April 2007 • Member, Executive Resource and Compensation Committee • Last re-elected: 28 July 2017 • Member, Optus Advisory Committee • Number of directorships in listed companies (including Singtel): 2 • Date of appointment: Director on 4 July 2003 and Chairman on 29 July 2011 • Last re-elected: 29 July 2016 Ms Chua Sock Koong, 61, was appointed Group CEO • Number of directorships in listed companies (including Singtel): 3 on 1 April 2007. She has overall responsibility for the Group’s businesses. Mr Simon Israel, 66, is the Chairman of Singapore Sock Koong joined Singtel in June 1989 as Treasurer Post Limited and a Director of Fonterra Co- before becoming CFO in April 1999. She held the operative Group Limited and Stewardship Asia positions of Group CFO and CEO, International Centre CLG Limited. He is also a member of the from February 2006 to 12 October 2006, when she Governing Board of Lee Kuan Yew School of Public was appointed Deputy Group CEO. Policy and Westpac’s Asia Advisory Board. Simon is a former Director of CapitaLand Limited and Sock Koong sits on the boards of Bharti Airtel Stewardship Asia Centre Pte. Ltd. Limited, Bharti Telecom Limited, the Defence Science and Technology Agency, Cap Vista Pte Ltd Simon was an Executive Director and President of and key subsidiaries of the Singtel Group.
    [Show full text]
  • News Release
    News Release To: Editor For immediate release Hongkong Land unveils BaseHall, its new premium food hall concept at Jardine House, set to revolutionise the F&B experience in the heart of Central BaseHall is a dynamic, digital-centric culinary destination designed to be the ultimate hangout with its diverse gourmet offerings, unparalleled energy and urban style HONG KONG, 15th June 2020 – Hongkong Land today celebrated the official opening of BaseHall, a first-of-its-kind food hall concept on the basement level of Jardine House. This latest development underscores Hongkong Land’s continuous commitment to enhance the value of its portfolio, and also champions the LANDMARK EATO ethos – the contemporary culinary concept bringing together the best of Hong Kong’s vibrant, world-class F&B scene, all at LANDMARK. “As the leading landlord in Hong Kong’s Central District, we constantly seek the next opportunity to elevate the Central community experience and ensure it continues to thrive as Asia’s most prestigious and dynamic city centre,” said Mr Robert Wong, Chief Executive of Hongkong Land. “The launch of BaseHall, together with CENTRICITY and BESPOKE salon, our tailor-made offerings for both corporate tenants and retail shoppers, is the latest example of Hongkong Land reinvesting into its portfolio to create innovative offerings crafted to meet the needs of today’s tenants and customers. These initiatives will strengthen the attractiveness of our high-quality office and retail space, and ensure Central continues to flourish as a vibrant community that our tenants and customers aspire to be part of.” Mr Raymond Chow, Executive Director of Hongkong Land, added: “BaseHall is core to our strategy for attracting younger customers while still catering to our existing loyal customer base.
    [Show full text]
  • Stoxx® Singapore 75 Index
    STOXX® SINGAPORE 75 INDEX Components1 Company Supersector Country Weight (%) Oversea-Chinese Banking Corp. Banks SG 10.52 DBS Group Holdings Ltd. Banks SG 8.74 Singapore Telecommunications L Telecommunications SG 8.24 United Overseas Bank Ltd. Banks SG 7.60 Jardine Matheson Holdings Ltd. Industrial Goods & Services SG 5.93 Wilmar International Ltd. Food & Beverage SG 3.38 Hongkong Land Holdings Ltd. Real Estate SG 3.04 Keppel Corp. Ltd. Oil & Gas SG 2.72 CapitaLand Ltd. Real Estate SG 2.47 Jardine Strategic Holdings Ltd Industrial Goods & Services SG 2.38 Thai Beverage PCL Food & Beverage SG 2.12 Singapore Exchange Ltd. Financial Services SG 2.00 Singapore Press Holdings Ltd. Media SG 1.99 ComfortDelGro Corp. Ltd. Travel & Leisure SG 1.97 Singapore Airlines Ltd. Travel & Leisure SG 1.92 GLOBAL LOGISTIC PROPS Real Estate SG 1.82 Jardine Cycle & Carriage Ltd. Retail SG 1.63 Ascendas Real Estate Investmen Real Estate SG 1.62 Singapore Technologies Enginee Industrial Goods & Services SG 1.52 CAPITALAND MALL TRUST MGMT Real Estate SG 1.51 Genting Singapore PLC Travel & Leisure SG 1.45 Suntec Real Estate Investment Real Estate SG 1.32 City Developments Ltd. Real Estate SG 1.13 UOL Group Ltd. Real Estate SG 0.99 CapitaLand Commercial Trust Real Estate SG 0.96 Golden Agri-Resources Ltd. Food & Beverage SG 0.91 SembCorp Industries Ltd. Oil & Gas SG 0.88 SINGAPORE POST Industrial Goods & Services SG 0.84 MAPLETREE CHINA COMMERCIAL TRU Real Estate SG 0.82 SATS Industrial Goods & Services SG 0.78 Dairy Farm International Holdi Retail SG 0.75 Noble Group Ltd.
    [Show full text]
  • Earnings and Fund Flows Back in Focus
    SINGAPORE MARKET Earnings and fund flows back in TRADING MATTERS SERIES: TRADING FLOWS focus An overview of the performance DIGITAL ENGAGEMENT TEAM of companies in the market 29 JANUARY 2021 Straits Times Index Key Events Summary 200 Day MA 3,300 100 Day MA 29 Jan 2021: 50 Day MA 25 Jan 3,100 2,902.52 Singapore CPI (YoY) 2,900 27 Jan 2,700 Fed Interest Rate 2,500 Decision 2,300 28 Jan 2,100 US GDP (QoQ) (Q4) Jan 20 Apr 20 Jul 20 Oct 20 Jan 21 US Initial Jobless Claims Market Commentary 1 Feb • The Straits Times Index is down 3% since the start of US Manufacturing the week, and 10.3% below its 52-week high on 14 PMI (Jan) Feb 2020. It is 31.4% above its low on 23 Mar 2020 4 Feb BoE interest rate decision • Ahead of FY20 results, analysts 'positive' on Singapore banks on broad economic recovery (27 Jan 2021, The Edge Singapore) 5 Feb • Analysts are positive on Singapore’s banking US Nonfarm Payrolls sector, with the three local banks serving as (Jan) “good proxies” to a broader economic recovery US unemployment • DBS, OCBC and UOB are scheduled to release rate their 4QFY2020 results on 10 Feb (before 10 Feb Chinese New Year), 24 Feb and 25 Feb US Core CPI (MoM) respectively (Jan) 12 Feb • Singapore adjusted unemployment rate drops to 4.4% after 3 rises (28 Jan 2021, Bloomberg) Chinese New Year • The seasonally adjusted unemployment rate decreased by 0.3% to 4.4% in 4Q, falling for the first time after 3 quarters of gains Source: Bloomberg Data extractedfromBloomberg asof previous closing unlessotherwisestated Straits Times Index Components:
    [Show full text]
  • Jardine Matheson Holdings Limited As Deputy Managing Director on 1St August 2016
    News Release To: Business Editor For immediate release Hongkong Land Senior Management Changes 26th November 2015 – Hongkong Land Holdings Limited today announced that Y.K. Pang will step down as Chief Executive on 31st July 2016 to be succeeded by Robert Wong. In addition, John Witt will step down as Chief Financial Officer on 31st March 2016 to be replaced by Simon Dixon. Y.K. Pang is stepping down as Chief Executive to move to Jardine Matheson Holdings Limited as deputy managing director on 1st August 2016. He will remain as a non- executive Director of the Company. He will be replaced as Chief Executive of Hongkong Land by Robert Wong. Robert Wong has been an executive director of Hongkong Land’s management company since 1996, having first joined the Group in 1985. In his current role, Robert has been instrumental in the creation of Hongkong Land’s successful residential development business. John Witt will step down as Chief Financial Officer of Hongkong Land on 31st March 2016, when he will take up the position of group finance director of Jardine Matheson Holdings Limited. He will remain a director of management company Hongkong Land Limited. Succeeding John Witt will be Simon Dixon, who is currently finance director of Astra International. Simon Dixon, a chartered accountant, joined the Jardine Matheson Group in 2006 from PwC and first served as group treasurer. He moved to the group’s listed Indonesian affiliate, Astra International, in 2010. He will take up his new role in Hongkong Land at the end of April, following Astra’s annual general meeting.
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications FTSE Developed Asia Pacific ex 19 August 2021 Japan ex Controversies ex CW Index Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) a2 Milk 0.1 NEW CJ Cheiljedang 0.1 KOREA GPT Group 0.22 AUSTRALIA ZEALAND CJ CheilJedang Pfd. 0.01 KOREA Green Cross 0.05 KOREA AAC Technologies Holdings 0.16 HONG KONG CJ Corp 0.04 KOREA GS Engineering & Construction 0.07 KOREA ADBRI 0.04 AUSTRALIA CJ ENM 0.05 KOREA GS Holdings 0.06 KOREA Afterpay Touch Group 0.61 AUSTRALIA CJ Logistics 0.04 KOREA GS Retail 0.04 KOREA AGL Energy 0.12 AUSTRALIA CK Asset Holdings 0.5 HONG KONG Guotai Junan International Holdings 0.01 HONG KONG AIA Group Ltd. 4.6 HONG KONG CK Hutchison Holdings 0.64 HONG KONG Haitong International Securities Group 0.02 HONG KONG Air New Zealand 0.02 NEW CK Infrastructure Holdings 0.11 HONG KONG Hana Financial Group 0.36 KOREA ZEALAND Cleanaway Waste Management 0.08 AUSTRALIA Hang Lung Group 0.07 HONG KONG ALS 0.14 AUSTRALIA CLP Holdings 0.5 HONG KONG Hang Lung Properties 0.15 HONG KONG Alteogen 0.06 KOREA Cochlear 0.37 AUSTRALIA Hang Seng Bank 0.44 HONG KONG Altium 0.09 AUSTRALIA Coles Group 0.5 AUSTRALIA Hanjin KAL 0.04 KOREA Alumina 0.1 AUSTRALIA ComfortDelGro 0.08 SINGAPORE Hankook Technology Group 0.1 KOREA Amcor CDI 0.54 AUSTRALIA Commonwealth Bank of Australia 4.07 AUSTRALIA Hanmi Pharmaceutical 0.06 KOREA AmoreG 0.05 KOREA Computershare 0.21 AUSTRALIA Hanmi Science 0.03 KOREA Amorepacific Corp 0.21 KOREA Contact Energy 0.14 NEW Hanon Systems 0.07 KOREA Amorepacific Pfd.
    [Show full text]
  • 2019 Annual Report
    Annual Report 2019 Hongkong Land Holdings Limited Hongkong Land’s Central Portfolio provides a haven for business and lifestyle experiences, this year launching the world-class CENTRICITY and newly designed BESPOKE Salon (front cover). Contents Corporate Overview 1 Corporate Information 2 Highlights 3 Chairman’s Statement 4 Chief Executive’s Review 6 Financial Review 13 Directors’ Profiles 20 Financial Statements 22 Independent Auditors’ Report 74 Five Year Summary 78 Responsibility Statement 79 Corporate Governance 80 Principal Risks and Uncertainties 85 Shareholder Information 86 Offices 87 Report of the Valuers 89 Major Property Portfolio 90 is a major listed property investment, management and development group. Founded in 1889, Hongkong Land’s business is built on excellence, integrity and partnership. The Group owns and manages more than 850,000 sq. m. of prime office and luxury retail property in key Asian cities, principally in Hong Kong, Singapore, Beijing and Jakarta. Its properties attract the world’s foremost companies and luxury brands. The Group’s Central Hong Kong portfolio represents some 450,000 sq. m. of prime property. It has a further 165,000 sq. m. of prestigious office space in Singapore mainly held through joint ventures, a luxury retail centre at Wangfujing in Beijing, and a 50% interest in a leading office complex in Central Jakarta. The Group also has a number of high quality residential, commercial and mixed-use projects under development in cities across Greater China and Southeast Asia. In Singapore, its subsidiary, MCL Land, is a well-established residential developer. Hongkong Land Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore.
    [Show full text]
  • 175 Years of Looking to the Future
    175 Years of Looking to The Future of Looking 175 Years C M Y K Merchant Adventurers 5 Great Foresight and Market Knowledge 9 Independent Spirit 13 Courageous and Determined 17 Further Transformation and Innovation... 23 Calculated Risk Takers 27 Looking Ahead 31 A Market Leader Today 33 Timeline 38 Contents An Enterprising Spirit 175 years ago, William Jardine and James Matheson formed a trading partnership that was to become one of the most successful, long lasting, diversified enterprises in Asia. The success of Jardine Matheson has been due in no small part to its unique character, which to this day clearly reflects many of the personal traits of the founders. Not only did the two founding Scotsmen, one highlander and one lowlander, instil an enterprising spirit into their newly created trading venture in 1832, but also qualities such as a strong work ethic, an independent spirit, financial prudence, business foresight, determination and the understanding of the need to build strong relationships in business. Over the years, these qualities have helped those working for Jardines overcome many challenges and consolidate its position in Asia. There has been a constant evolution in the nature of the business interests of Jardine Matheson, or ‘the Firm’ as it has been affectionately known for most of its existence. Its business activities have kept pace with the times during its long history as new opportunities were sought when the profitability of older ventures waned. Today, Jardines’ businesses are at the forefront of their chosen markets. They include property investment and development, luxury hotels, retail, motor vehicles, financial services and insurance, engineering and construction, agribusiness, mining, restaurants and IT services.
    [Show full text]
  • General Announcement__CDL & MCL Land Jo... Two
    ÿ !"ÿ#ÿ$ "ÿ" %ÿ&' (ÿ) ÿ ÿ" )ÿ' 0ÿ1234$ÿ5 ÿ6ÿ7' 0ÿ )'% 'ÿ%87 ) z{|{}~ÿ~|||{{| ÿÿÿ~|ÿ| ÿ{}{ÿz}{{|ÿ~|ÿ ~|zÿ }ÿ ÿ |zÿ}{{| ~ÿ{{{| VWWXY`ÿbÿcYdX`efeYW VWWXY`gÿhipiqY` rVstÿuvwvxyhvscÿxVhVsvu cYdX`efeYW rVstÿuvwvxyhvscÿxVhVsvuÿÿc ÿÿr cfiYÿcYdX`ef ppXpdYYpfÿuYfieW ppXpdYYpfÿsefY YpY`iÿppXpdYYpf uifYÿbseYÿÿ`idiWf dXqÿefed cfifXW Yg ppXpdYYpfÿcXhÿsefY ruxÿbÿhrxÿxipÿiepfÿWYdX`Yÿ`YYpÿxipWÿffiepqÿcjklhÿ`ÿfgÿXdepqÿ`YWeYpfeiÿYmYYpfW ppXpdYYpfÿ YY`YpdY cdysn wcxV cXheffYÿÿorpgÿVppÿiYq vpeÿxepqÿYYrÿspq uYWeqpifep ripÿcYd`Yfi` uYWd`efepÿoYiWYÿ`meYÿiÿYfieYÿYWd`efepÿÿftYÿYmYpfÿepÿftYÿhuÿhYgq YiWYÿ`YY`ÿfÿftYÿiffidtYÿYgWÿ YYiWYÿfefYÿvruxÿipÿhrxÿxipÿiepfÿWYdX`Yÿ`YYpÿxipWÿffiepq cjklÿheepÿ`ÿfgÿXdepqÿ`YWeYpfeiÿYmYYpfWvÿeWWXYÿhÿrefÿuYmYYpfWÿxeefYÿipÿhrx xipÿpÿdÿXqXWfÿp ffidtYpfW depfYgW YYiWYruxiphrxxipWYdX`Yq`YYpipW`w`iYdfWp sfiÿWewYÿxfyÿh 97)' @)A)0BAAA 7 C )DEF EGHIP1EQ55544%R5R5%SR55%RTTSS43%3543R4S4U News Release 31 August 2021 CDL AND MCL LAND JOINTLY SECURE GREEN LOANS TOTALLING S$847 MILLION FOR TWO UPCOMING RESIDENTIAL DEVELOPMENTS − Green loans will be used to finance the development of two newly-acquired GLS sites at Northumberland Road and Tengah Garden Walk, with over 1,000 residential units − Both developments will obtain the BCA Green Mark GoldPLUS rating, with Tengah Garden Walk EC set to be one of Singapore’s first new Super Low Energy private residential developments − MCL Land breaks new ground with its first green loan in Singapore – keeping pace with its parent company, Hongkong Land, which has secured US$1.9 billion in sustainability-linked loans to date and recently issued its US$500 million inaugural green bond and a HK$375 million green bond City Developments Limited (CDL) and MCL Land are pleased to announce the successful securing of green loans amounting to S$847 million for the financing of two upcoming developments in Singapore, under a 50:50 joint venture (JV).
    [Show full text]
  • Hongkong Land – Expanding Its Commercial Property Portfolio Across Asia Past, Present and Future
    2012 vol.1 Thistle The Magazine of Jardine Matheson Group Chairman Celebrates 50 years with Jardines > page 3 Group Managing Director Attends Asia-Pacific Summit in Hawaii > page 6 Gala Celebrates Mandarin Oriental’s Paris Debut > page 9 Hongkong Land – Expanding its Commercial Property Portfolio Across Asia Past, Present and Future As we enter the new Year of the Dragon, it is a good time to reflect on the past, make the most of the present and look to the future. At a special dinner held at Mandarin Oriental, Tokyo on 8th December, directors of our main listed companies and country heads came together to celebrate Group Chairman, Sir Henry Keswick’s 50 years with Jardine Matheson. A presentation described the Group’s colourful history during the past half century and the Chairman’s great contribution in building the business to where we are today. In our feature on pages 14 to 19, we see how Hongkong Land, one of Asia’s leading property investment, management and development groups, is making the most of the present by extending its brand across Asia and positioning itself for further expansion. As to the future, I shall be stepping down as Group Managing Director at the end of March after six challenging but very enjoyable years in this position, and so this is the last time I shall address you in this column. Since I joined Jardines in 1969, there have been many changes. At that time, we were primarily an agency house with the majority of our business in Hong Kong and despite our long history we were a much smaller group than we are now.
    [Show full text]
  • STOXX Asia/Pacific 600 Last Updated: 01.11.2017
    STOXX Asia/Pacific 600 Last Updated: 01.11.2017 Rank Rank (PREVIOU ISIN Sedol RIC Int.Key Company Name Country Currency Component FF Mcap (BEUR) (FINAL) S) JP3633400001 6900643 7203.T 690064 Toyota Motor Corp. JP JPY Large 146.3 1 1 AU000000CBA7 6215035 CBA.AX 621503 Commonwealth Bank of Australia AU AUD Large 88.4 2 2 JP3902900004 6335171 8306.T 659668 Mitsubishi UFJ Financial Group JP JPY Large 81.6 3 3 HK0000069689 B4TX8S1 1299.HK HK1013 AIA GROUP HK HKD Large 77.9 4 4 AU000000WBC1 6076146 WBC.AX 607614 Westpac Banking Corp. AU AUD Large 73.7 5 5 JP3436100006 6770620 9984.T 677062 Softbank Group Corp. JP JPY Large 65.3 6 6 JP3735400008 6641373 9432.T 664137 Nippon Telegraph & Telephone C JP JPY Large 58.6 7 10 AU000000ANZ3 6065586 ANZ.AX 606558 Australia & New Zealand Bankin AU AUD Large 57.8 8 7 AU000000NAB4 6624608 NAB.AX 662460 National Australia Bank Ltd. AU AUD Large 57.7 9 8 AU000000BHP4 6144690 BHP.AX 614469 BHP Billiton Ltd. AU AUD Large 56.1 10 9 JP3890350006 6563024 8316.T 656302 Sumitomo Mitsui Financial Grou JP JPY Large 48.3 11 11 JP3854600008 6435145 7267.T 643514 Honda Motor Co. Ltd. JP JPY Large 48.2 12 12 JP3236200006 6490995 6861.T 649099 Keyence Corp. JP JPY Large 43.0 13 13 JP3435000009 6821506 6758.T 682150 Sony Corp. JP JPY Large 42.1 14 16 AU000000CSL8 6185495 CSL.AX 618549 CSL Ltd. AU AUD Large 41.5 15 14 JP3496400007 6248990 9433.T 624899 KDDI Corp.
    [Show full text]