Jardine Matheson Holdings , Jardine Strategic Holdings : JMH and JSH. JMH's underlying profit attributable to shareholders fell 3 per cent year-on-year to US$738 million, reflecting the loss of earnings from Jardine Lloyd Thompson after the group divested its stake in April this year. However, profit surged 152 per cent to US$2.25 billion as the sale of the stake in JLT to Marsh & McLennan reaped a net gain of about US$1.5 billion.
, largely on an improvement in corporate costs, according to financial results released on Friday. Underlying net profit, stripped of non-trading items, rose by 6.2 per cent year-on-year to US$206 million for the three months to June 30, as revenue slipped by 2.3 per cent to US$4.44 billion. Meanwhile, net profit surged to US$115.1 million, more than triple the US$37.7 million in the period before, largely on lower fair-value losses on agriculture produce and other investments.
Keppel Corp: The Alpha Data Centre Fund, managed by Keppel Capital's wholly owned unit Alpha Investment Partners, has acquired a 3,840 square metre plot of freehold land in Gore Hill Technology Park to develop a data centre in Sydney, Australia . Keppel Capital is the asset management arm of the Keppel group. Construction of the facility will take place over three phases with Phase I shell and core, as well as the initial fit-out slated to be completed by the first half of 2021, Keppel Corp said on Monday. Keppel Corp shares closed at S$6.10 on Friday, down 3.2 per cent, or S$0.20.
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