Jardine Strategic Holdings
Encyclopedia
Jardine Strategic Holdings Limited is a large company that holds stock
. It is a part of Jardine Matheson Holdings Limited, or Jardine's. Jardine Strategic is an element of the Straits Times Index
.
The holding company holds substantial amounts of Dairy Farm, a convenience store
group, Hongkong Land
, a property group, Mandarin Oriental
, a hotel group, and Jardine Cycle & Carriage
, an auto group. It also owns part of the stock of the Jardine Matheson group itself. It in effect owns its own corporate parent, enabling the Keswick family
to control the group without providing a majority of the capital. This expertise in protecting family owners was shared in 2005 when it took a 20% stake in Rothschild Continuation Holdings
, a major merchant bank
.
Jardine Strategic, as an office, is a corporate entity entrusted with managing and owning stock, in its stock portfolios. The paperwork
, taxes, computer file maintenance, day-to-day stock manipulation and security oversight of the stocks owned by this company, including that of its parent, are the purview of this company.
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
. It is a part of Jardine Matheson Holdings Limited, or Jardine's. Jardine Strategic is an element of the Straits Times Index
Straits Times Index
The FTSE Straits Times Index is a capitalization-weighted stock market index that is regarded as the benchmark index for the Singapore stock market. It tracks the performance of the top 30 companies listed on the Singapore Exchange...
.
The holding company holds substantial amounts of Dairy Farm, a convenience store
Convenience store
A convenience store, corner store, corner shop, commonly called a bodega in Spanish-speaking areas of the United States, is a small store or shop in a built up area that stocks a range of everyday items such as groceries, toiletries, alcoholic and soft drinks, and may also offer money order and...
group, Hongkong Land
Hongkong Land
Hongkong Land is one of Asia’s leading property investment, management and development groups with premium commercial and residential property interests across the region. It owns and manages some five million square feet of commercial space in Hong Kong’s Central Business District serving...
, a property group, Mandarin Oriental
Mandarin Oriental
Mandarin Oriental Hotel Group , a member of the Jardine Matheson Group, is an international hotel investment and management group with luxury hotels, resorts and residences in Asia, Europe and the Americas...
, a hotel group, and Jardine Cycle & Carriage
Jardine Cycle & Carriage
Jardine Cycle and Carriage Limited was renamed from Cycle and Carriage following the integration into the Jardine Matheson Group in 2004. The name change recognises Cycle & Carriage's distinguished 104-year operating history and firmly establishes Jardine Cycle & Carriage as part of the Jardine...
, an auto group. It also owns part of the stock of the Jardine Matheson group itself. It in effect owns its own corporate parent, enabling the Keswick family
Keswick family
The Keswick family are a business dynasty of Scottish origin associated with the Far East since 1855 and in particular the conglomerate Jardine Matheson....
to control the group without providing a majority of the capital. This expertise in protecting family owners was shared in 2005 when it took a 20% stake in Rothschild Continuation Holdings
N M Rothschild & Sons
N M Rothschild & Sons is a private investment banking company, belonging to the Rothschild family...
, a major merchant bank
Merchant bank
A merchant bank is a financial institution which provides capital to companies in the form of share ownership instead of loans. A merchant bank also provides advisory on corporate matters to the firms they lend to....
.
Jardine Strategic, as an office, is a corporate entity entrusted with managing and owning stock, in its stock portfolios. The paperwork
Paperwork
Paperwork is a term used to describe excessive, intricate or meticulous work with documents in an unnecessary and incidental way to more important tasks.- United States Paperwork Reduction Act :...
, taxes, computer file maintenance, day-to-day stock manipulation and security oversight of the stocks owned by this company, including that of its parent, are the purview of this company.