Jardine Matheson

Simon Murray, a Dalton who served in the French Foreign Legion, is one of Li's trusted managers.

Murray had worked for Jardine Matheson, a business owned by one of the Committee of 300.

Yu has built global alliances with British companies and has part Ole Pearson, a British holding company which in turn has interest in Lazard Banking Arms in NY, London, and parts.

As one can see, Li Ka-shing is doing business with the big boys of international banking.

Singapore stocks ended lower yesterday, with the benchmark Straits Times index losing 0.2% to finish at 5,404 points.

Jardine Matheson led the gainers on the blue chip index, rising 3% to US$57.41.

The worst performer among SDI constituents was Yangtzejiang Shipbuilding, which fell 3.1% to US$4.99. Local banks all ended lower.

DBS slipped 0.03% to US$74.43, while OCBC fell 0.4% to US$28.80. UOB was down 0.5% to $41.42.

The Red Rover waited at Calcutta for the first opium sale of the season.

The Ariel and the Hellas beat their way up the Fujian coast with chests for Jardine Matheson's floating drug depots.

Far away in London, at the Lord Chancellor's house, the Great Seal of England was being affixed to a copy of the Treaty of Nanjing.

That night, young Queen Victoria danced in the New Year at Windsor Castle.

The war had arisen, the paper reminded its readers, over a quarrel it had never been able to believe was just, and it had been fought in a manner that brought very little credit to British arms.

What pleased the Times most about the whole business, in fact, was simply that its readers would no longer be obliged to read, by each Indian male, that the successors to the heroes of the peninsula were busy, quote, sweeping away with cannon or bayonet whole crowds of poor pig-tailed animals, end quote.

To Jardine Matheson, Alexander Matheson wrote privately that he worried peace might not actually be good for the firm.

He confided, quote, For years to come, we shall not be in a better position or trade to so much advantage as during the continuation of the war, especially if the opium trade is to be hampered, as I suspect it will be, end quote.

And this is the Lithia.

UK results reveal significant profit hikes in the Lithia, which owns the Stratstorm brand, the Evans Horshaw and the Jardine Group.

has seen like-for-like pre-profit tax increase of 33% from £28.1 million in 2024 to £37.4 million in the year ending 31st December 2025.

So this is for their 2025 trading period, saying that the final pre-tax profit hit £60 million up from £21.7 million thanks to acquisition during the year, including the JLI retailer Hatfield.

He did an awful lot of very interesting projects in his life, and I think that some of, quite a lot of the resource for that came from the, from the Keswick side.

Her father had been Tai Pan of Jardine Matheson, which is a big, um-

Okay

... big, uh-

Where were the winners, losers and most traded stock for the day?

Winners, we saw UOB, Jardine Matheson, Singtel.

Losers, we had AEM, SGD, Fpoint and DBS.

Top volume, the most traded stock was Ad Value Tech.

Singapore stocks ended slightly lower yesterday with the benchmark Straits Times Index slipping zero point one percent to five thousand four hundred and twenty-three points.

Jardine Matheson was a top gainer, rising two point three percent to fifty-seven US dollars and seventy-four cents.

Keppel DC REIT was the STI's worst performer, falling one percent to two dollars and seven cents.

Local banks closed mixed after the MAS kept its monetary policy settings unchanged.

A total below last year's thirty-two point nine seven million would mark the first back-to-back annual decline outside the pandemic since at least 1995.

And back home in Singapore, investors continue to mount news out of SGX-listed counters Jardine Matheson and Frasers Property.

Now, for Jardine Matheson, the company upgraded its 2026 earnings guidance, announcing that underlying earnings are expected to be between 5 US dollars and 50 cents and 5 US dollars and 65 cents per share.

The company previously announced underlying earnings guidance at 5 US dollars and 33 cents per share.

And earlier, I spoke with Jeremy Tan, CEO of Tiger Fund Management, to get his take on the upgrade.

I think investors would, uh, generally be still cautiously, uh, optimistic for this counter.

I think there is still a lot more risks for, uh, Jardine Matheson going forward.

Right now, the guidance, uh, have, uh, actually been, uh, revised upwards slightly.