Jardines today comprises a group of companies with extensive operations across Asia and, through some of its businesses, the world. The firm’s business interests include Jardine Pacific, Jardine Motors, Hongkong Land, Dairy Farm, Mandarin Oriental, Jardine Cycle & Carriage, through which its interest in Astra is held, and Jardine Lloyd Thompson. The Group also has strategic interests in other entities.
Jardine Pacific is a holding company which represents a significant number of the Group’s non-listed interests in Asia, principally in engineering and construction, transport services, restaurants and IT services. These include a number of Jardines’ long-standing businesses such as Jardine Engineering Corporation (JEC), Jardine Shipping Services, Jardine Aviation Services, Hong Kong Air Cargo Terminals, Jardine Schindler, Gammon Construction and Jardine Travel Group as well as more contemporary interests that reflect the demands of Asian consumers; among them Pizza Hut restaurants in Hong Kong, Taiwan and Vietnam, KFC franchises in Hong Kong, Macau and Taiwan, and Jardine OneSolution IT services.
Main article: Jardine Motors Group
Jardine Motors is active in the sales and service of motor vehicles in Hong Kong, Macau, mainland China and the United Kingdom. Subsidiary Zung Fu, which has held the Mercedes-Benz franchise in Hong Kong for over 50 years, has achieved one of the highest market penetrations in the world for the luxury brand and ranks among its top international performers. The group also represents Smart and Hyundai passenger cars in Hong Kong. Zung Fu is expanding its presence across the growing market of Southern China where it is actively developing a network of Mercedes-Benz dealerships. In the United Kingdom, Jardine Motors is one of the country’s largest retail dealership groups with a portfolio of specialist franchises that includes Aston Martin, Audi and Volkswagen, Jaguar and Land Rover, Mercedes Benz and Porsche.
Main article: Hongkong Land
Hongkong Land is an Asian property investment, management and development group. Established in Hong Kong in 1889 by Sir Paul Chater and William Keswick, the group today has property interests across the region. In Hong Kong, the group owns and manages approximately 5,000,000 square feet (450,000 m2) of prime commercial space in the Central. In Singapore, it is helping to create the city-state's Central Business District with an expanding joint venture portfolio of new developments. In addition to commercial properties, Hongkong Land also develops residential properties in key cities around the region including Hong Kong, mainland China, Macau and Singapore where its subsidiary MCL Land is a significant property developer. Jardine Strategic has a 50% shareholding in Hongkong Land.
Main article: Dairy Farm International Holdings
Dairy Farm traces its origins in Hong Kong back to the 19th century when it was involved in the production of dairy products and ice. Today the company is a leading pan-Asian retailer. The Dairy Farm group’s retail operations range from supermarkets, hypermarkets and health and beauty stores to convenience and home furnishings stores, and operate under well-known local brands. It has a significant presence in Hong Kong, Taiwan, Malaysia, Singapore and Indonesia, and a growing presence in mainland China, India and Vietnam. Dairy Farm operates supermarkets under the banners of Wellcome, Jasons, Shop N Save, Cold Storage and Hero; Giant hypermarkets; health and beauty stores under Mannings and Guardian; IKEA furniture stores in Hong Kong, Indonesia and Taiwan; as well as 7-Eleven convenience stores. The group also has a 50% interest in Maxim’s, Hong Kong’s leading restaurant chain. Jardine Strategic has a 78% shareholding in Dairy Farm. As of 8 March 2012[update], Dairly Farm owned 70% of the shares of Lucky Group, the largest grocery mall operator in Cambodia.
Jardine Lloyd Thompson
Main article: Jardine Lloyd Thompson Group
Jardine Lloyd Thompson (JLT) is a leading insurance and reinsurance broker, risk specialist and employee benefits consultant.
Jardines has been in the insurance broking business since its earliest days in Canton and JLT, which is quoted on the London Stock Exchange, is one of the largest companies of its kind in the world. The company operates through two key business groups, Risk & Insurance and Employee Benefits. The risk & insurance group provides specialist insurance and reinsurance broking together with risk management services for a wide range of clients, including some of the world’s largest corporations. JLT, which has a significant presence in the Asia-Pacific region, owns offices in 35 territories with some 7,600 employees. The employee benefits group is one of the United Kingdom’s leading employee benefits providers.
Main article: Mandarin Oriental Hotel Group
Mandarin Oriental Hotel Group is an international hotel investment and management company operating deluxe and first class hotels and residences in city and resort destinations around the world.
The group’s flagship hotel, Mandarin Oriental, Hong Kong, has been recognized as one of the world’s leading hotels since shortly after its opening in 1963 along with the equally world-renowned Mandarin Oriental, Bangkok, previously known as The Oriental. Jardine Strategic has a 74% shareholding in Mandarin Oriental.
Jardine Cycle & Carriage
Main article: Jardine Cycle & Carriage
Jardine Cycle & Carriage (JC&C) is an established Singapore-listed company where, as Cycle & Carriage, it has had a presence since 1926. JC&C has an interest of just over 50% in Astra, a listed Indonesian conglomerate and the largest independent automotive group in Southeast Asia, as well as other motor interests in the region. Together with its subsidiaries and associates, Jardine Cycle & Carriage employs some 201,000 people across Indonesia, Malaysia, Singapore and Vietnam. Jardine Cycle & Carriage operates in Singapore and Malaysia under the Cycle & Carriage banner and the group represents some of the world’s best-known motoring marques including Mercedes-Benz, Toyota, Honda and Kia. Jardine Strategic has a 72% shareholding in Jardine Cycle & Carriage.
Main article: Astra International
Astra is Southeast Asia’s largest independent automotive group.
Operating predominantly in Indonesia, it is a provider of a full range of automobile and motorcycle products in partnerships with companies which include Toyota, Daihatsu, Isuzu, UD Trucks, Peugeot and BMW for automobiles, and Honda for motorcycles. Astra also has a strong presence in the automotive component sector through its subsidiary PT Astra Otoparts Tbk. In addition, Astra has interests in financial services; heavy equipment and mining; agribusiness; infrastructure and logistics; and information technology. In financial services, Astra’s businesses provide financial products and services to support its automotive and heavy equipment sales. The group is also involved in retail banking through a stake in PT Bank Permata Tbk.
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