Jardine Matheson Holdings Ltd., whose businesses range from automobiles and hotels to supermarkets all around Asia, has seen its share price shrink 23% this year, putting it among the worst performers in Singapore.
SINGAPORE: The prospects of Singapore’s biggest conglomerate are souring as it has been caught in a perfect storm of intensifying global trade tensions, prolonged protests in Hong Kong and slowing auto sales.
Jardine Matheson Holdings Ltd., whose businesses range from automobiles and hotels to supermarkets all around Asia, has seen its share price shrink 23% this year, putting it among the worst performers in Singapore.
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