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Jardine Matheson Holdings Limited (J36.SI)
- Simply Wall St.
July 2024 Insights Into Three SGX Stocks Estimated Below Value
As Singapore's market navigates through a landscape of strategic acquisitions and technological integrations, exemplified by Chime's recent acquisition of Salt Labs, investors are keenly observing shifts that could highlight undervalued opportunities. In this context, understanding what constitutes a good stock involves looking at fundamentals, market position, and potential for growth amidst current economic activities.
- Reuters SG
CORRECTED-UPDATE 1-Hongkong Land plans $1 bln luxury retail destinations in financial hub
Hongkong Land announced a more than $1 billion, three-year investment in ultra-luxury retail in the heart of the city's financial district on Wednesday. The commercial property developer, which is 53.3% owned by Jardine Matheson, said it planned to invest $400 million, with $600 million coming from tenants, on 10 two-to-eight-storey Maison destinations within existing developments. Located in Hong Kong's Central business district, strategic tenants of the developments include luxury names such as Sotheby's auction house, Cartier, Tiffany & Co and Louis Vuitton, whom Hongkong Land said had a "very strong intention" to expand their content and customer experience.
- Reuters SG
Hongkong Land unveils $1 bln investment in heart of financial hub
Property developer Hongkong Land on Wednesday announced an investment of more than $1 billion over the next three years in a prime shopping mall in the heart of the city's financial district. Hongkong Land, which is 53.3% owned by Jardine Matheson , said it planned to invest $400 million in the project, with an additional $600 million coming from tenants. Located in Hong Kong's Central business district, the new Landmark project will house luxury names such as Sotheby's auction house, Cartier, Tiffany & Co and Louis Vuitton.
