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Jardine To Acquire 20% Stake In Zhongsheng

Jardine To Acquire 20% Stake In Zhongsheng

Jardine Strategic Holdings Limited today [Jan 20] announced that it has agreed to invest US$731 million in Hong Kong-listed Zhongsheng Group Holdings Limited through an equity stake and convertible bonds. Zhongsheng is one of mainland China’s leading motor dealership groups operating over 170 outlets in over 60 cities across 15 provinces and regions.... Read more of this article

Jardines Announces Retirement From Its Board

Jardines Announces Retirement From Its Board

In a filing to the Bermuda Stock Exchange, dated May 12, 2011, the Bermuda-incorporated Jardine Group of Companies announced the retirement, from the respective boards of directors, of Mr. R. C. Kwok. The retirement was effective May 12. Mr. Kwok joined the board of the company in 1990. He has been a director of the group’s holding company since... Read more of this article