Jardine Matheson

AM Best Affirms Credit Ratings and Assigns National Scale Rating to PT Asuransi Astra Buana

Retrieved on: 
Thursday, March 14, 2024
Insurance, Professional Services, Health, Astra, ERM, Communication, ALL, AAA, News, Jardine Matheson, FSR, NSR, Credit, IDR, AM Best, ID, Risk management

AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) to PT Asuransi Astra Buana (Asuransi Astra) (Indonesia).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) to PT Asuransi Astra Buana (Asuransi Astra) (Indonesia).
  • Concurrently, AM Best has assigned the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Asuransi Astra with a stable outlook.
  • Profitable business from its parent group, PT Astra International Tbk (Astra group), is one of the key contributors to Asuransi Astra’s strong operating performance.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

Hong Kong Dinner in London returns after 4-year hiatus

Retrieved on: 
Thursday, September 21, 2023
Far East Consortium, GSK, Partnership, DBE, Public affairs, Lord, Bank of China, Mott, Communication, Macdonald, Airport Authority Hong Kong, Standard Chartered, HSBC (United Kingdom), Chinese General Chamber of Commerce, Chinese, Tan Sri Dato' Haji Hassan Yunos Stadium, Finance, Consultant, Former, Swire, Jardine Matheson, I&T, Airport, Republic, Kau Yi Chau, HKTDC, Hong Kong Association for Democracy and People's Livelihood, Hong Kong Trade Development Council, Growth, Bank, Qi, Commerce, Tutoring, Film industry

LONDON, Sept 21, 2023 - (ACN Newswire) - London, Sept 21, 2023 - (ACN Newswire) - After a four-year absence due to the pandemic, the Hong Kong Trade Development Council (HKTDC) once again organised the annual Hong Kong Dinner in London to celebrate Hong Kong-UK ties and promote business opportunities and growth globally.

Key Points: 
  • LONDON, Sept 21, 2023 - (ACN Newswire) - London, Sept 21, 2023 - (ACN Newswire) - After a four-year absence due to the pandemic, the Hong Kong Trade Development Council (HKTDC) once again organised the annual Hong Kong Dinner in London to celebrate Hong Kong-UK ties and promote business opportunities and growth globally.
  • HKTDC Chairman Dr Peter K N Lam [L]; Mr. Paul Chan, Financial Secretary of the Hong Kong SAR, [centre]; and Margaret Fong, Executive Director of the HKTDC, [R] attended the Hong Kong Dinner in London organised by the HKTDC.
  • Speaking at the Hong Kong Dinner in London, HKTDC Chairman Dr Peter K N Lam said that the HKTDC looks forward to strengthening ties between the UK and Hong Kong business communities in the years ahead.
  • The Hong Kong Dinner in London has been a long-standing tradition, taking place annually since 1983.

SMI Vantage: Acqusition of 51% Stake in Provino Logistics to Complement and Expand Current Business Areas in F&B

Retrieved on: 
Monday, July 3, 2023
Agreement, University of Oxford, ASC, Partnership, Food, Target, Transportation and Warehouse Management System, Scotch Malt Whisky Society, F&B, Proposed acquisition of Activision Blizzard by Microsoft, Jardine Matheson, SGX, Acquisition, LVMH, Warehouse management system, Knowledge, Region, SMWS, Wine, Management

The Target's business activities are based in Singapore and is primarily in third party logistics specializing in inventory management services to the wine and spirits and other alcoholic beverages industry including export services ("Business").

Key Points: 
  • The Target's business activities are based in Singapore and is primarily in third party logistics specializing in inventory management services to the wine and spirits and other alcoholic beverages industry including export services ("Business").
  • It uses a world class proprietary Warehouse Management System making the company a leader in the use of such technologies.
  • "I am extremely pleased to be partnering with SMI Vantage and believe that their relevant expertise and deep experience in logistics and the F&B business will allow Provino to grow significantly going forward.
  • I am excited to see the fruits of this partnership pan out in the future, as we look to grow this business together," Michael Hadley added.

AM Best Assigns Credit Ratings to PT Asuransi Astra Buana

Retrieved on: 
Thursday, March 16, 2023
Banking, Professional Services, Insurance, Finance, Health, AM Best, Jardine Matheson, Astra, Credit, Bermuda, Communication, IDR, ALL, AM, News, ERM, Risk management

AM Best has assigned a Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) to PT Asuransi Astra Buana (Asuransi Astra) (Indonesia).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) to PT Asuransi Astra Buana (Asuransi Astra) (Indonesia).
  • AM Best views Asuransi Astra’s investment portfolio to have moderate risk, comprising mainly bonds held directly and through mutual funds.
  • Profitable business from its parent group, PT Astra International Tbk (Astra group), is the key contributor to Asuransi Astra’s strong operating performance.
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Dubai-based DAMAC Group signs contract with Mandarin Oriental to manage luxurious resort in The Maldives

Retrieved on: 
Tuesday, December 6, 2022
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We look forward to working with Mandarin Oriental Hotel Group to manage our new resort on this beautiful island," Hussain Sajwani, Chairman and founder of the DAMAC Group said.

Key Points: 
  • We look forward to working with Mandarin Oriental Hotel Group to manage our new resort on this beautiful island," Hussain Sajwani, Chairman and founder of the DAMAC Group said.
  • Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residences.
  • This project represents the right opportunity for the Group" said James Riley, Chief Executive of Mandarin Oriental Hotel Group.
  • Mandarin Oriental has a strong pipeline of hotels and residences under development, and is a member of the Jardine Matheson Group.

Dubai-based DAMAC Group signs contract with Mandarin Oriental to manage luxurious resort in The Maldives

Retrieved on: 
Tuesday, December 6, 2022
Knowledge, Slate, Knowledge Fund, DAMAC Properties, The Trump Organization, Mandarin, Velana International Airport, Corrections, United Kingdom, Dubai School of Dental Medicine, AED, Photograph, Learning, DAMAC Towers by Paramount Hotels & Resorts, Radisson Hotel Group, DAMAC, Mandarin Oriental Hotel Group, Hussein, Leisure, Social media, Coral Reefs, Science Photo Library, Social responsibility, Jardine Matheson, Sheikh Muhammad, Student, Emirati, Hotel, Tourism, Male

We look forward to working with Mandarin Oriental Hotel Group to manage our new resort on this beautiful island," Hussain Sajwani, Chairman and founder of the DAMAC Group said.

Key Points: 
  • We look forward to working with Mandarin Oriental Hotel Group to manage our new resort on this beautiful island," Hussain Sajwani, Chairman and founder of the DAMAC Group said.
  • Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residences.
  • This project represents the right opportunity for the Group" said James Riley, Chief Executive of Mandarin Oriental Hotel Group.
  • Mandarin Oriental has a strong pipeline of hotels and residences under development, and is a member of the Jardine Matheson Group.

Singapore's Land Transport Authority Awards Gogoro With Sandbox Pilot; Gogoro and Jardine Cycle & Carriage Announce Partnership for Electric Two-Wheeled Vehicles and Battery Swapping in Singapore

Retrieved on: 
Friday, September 2, 2022
COVID-19, Safety, Securities Act of 1933, Jardine Matheson, Partnership, Maintenance, Singapore Land Authority, Energy Independence and Security Act of 2007, Jardine Cycle & Carriage, UN, Forward-looking statement, SGX, U.S. Securities and Exchange Commission, Certification, Risk, Adoption, Land Transport Authority, Astra, City, Cycle & Carriage, Intelligence, SEC, Communication, Ecosystem, Climate change, Industry, Land transport, Security (finance), Food, Paris Agreement, Securities Exchange Act of 1934, Solution, C07, Multimedia, JC, GGR, Growth, Transport, Marketing, Singapore Green Plan 2012, Cycle, Heart, Go Station, Goal, EV, Plan, LTA, Taxicab, Mobile phone, Renewable energy, Rail transport, PRC, Gogoro

SINGAPORE, Sept. 2, 2022 /PRNewswire/ -- Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that Singapore's Land Transport Authority (LTA) has awarded it with a sandbox pilot to deploy and validate battery swapping as a means for next generation smart mobility.

Key Points: 
  • Gogoro and Jardine Cycle & Carriage to launch a pilot in Singapore with a view to expand across other markets in the region.
  • Gogoro and Jardine Cycle & Carriage announce Partnership for battery swapping in Singapore.
  • Jardine Cycle & Carriage's subsidiary Cycle & Carriage will be the exclusive distributor of Gogoro's electric scooters in Singapore as well as the operator and installer of Gogoro's battery swapping infrastructure in the city-state.
  • Launching soon, the Gogoro battery swapping sandbox pilot will include Gogoro Smartscooters, Gogoro GoStation battery swap stations and Gogoro smart batteries.

SHVO ANNOUNCES EXCLUSIVE PARTNERSHIP WITH SAKS FIFTH AVENUE FOR MANDARIN ORIENTAL RESIDENCES

Retrieved on: 
Wednesday, June 15, 2022
Photograph, The Big Red, Name, Pyramid (geometry), TikTok, NEW, MVE, Partner, A Story, View, CEO, Wilshire Boulevard, Mandarin Oriental Hotel Group, Raleigh Hotel, VIP, Golden Triangle, Hollywood Hills, Fifth Avenue, Mandarin Oriental, New York, Jardine Matheson, Saks Fifth Avenue, Beverly Hills, AMAN, Light, Transamerica Pyramid, Partnership, Technogym, Twitter, Beauty, Atmosphere, Facebook, Group, Rodeo Drive, Saks, Multimedia, Michelin, Saks Fifth Avenue, City, Photography, Hotel, Crown, Instagram

NEW YORK, June 15, 2022 /PRNewswire/ -- Today, luxury development and investment firm SHVO announced an exclusive partnership between two of its residential developments, Mandarin Oriental Residences, Fifth Avenue, and Mandarin Oriental Residences, Beverly Hills, and Saks Fifth Avenue, the premier destination for luxury fashion. This first of its kind collaboration will provide residents at the New York and Beverly Hills properties with special in-residence offerings, VIP services and curated lifestyle programming.

Key Points: 
  • Residents of Mandarin Oriental Residences, Fifth Avenue and Beverly Hills to Receive Unprecedented Benefits
    NEW YORK, June 15, 2022 /PRNewswire/ -- Today, luxury development and investment firm SHVO announced an exclusive partnership between two of its residential developments, Mandarin Oriental Residences, Fifth Avenue, and Mandarin Oriental Residences, Beverly Hills, and Saks Fifth Avenue, the premier destination for luxury fashion.
  • Owners at the forthcoming Mandarin Oriental Residences, Fifth Avenue, located at 685 Fifth Avenue in New York City, and Mandarin Oriental Residences, Beverly Hills, at 9200 Wilshire Boulevard, will enjoy several exclusive cross-channel benefits bringing together the best from Saks' digital platform and in-store experiences, such as a dedicated Saks concierge and Saks Stylist, as well as exclusive experiences, such as private after hours in-store shopping, at-home styling appointments and same-day delivery.
  • "We're thrilled to collaborate with SHVO on this exclusive program to bring top-tier luxury fashion, beauty and lifestyle experiences to its Mandarin Oriental residences, Fifth Avenue and Beverly Hills."
  • Mandarin Oriental Residences, Fifth Avenue has twenty-nine floors and sixty-nine turnkey residences with views of Central Park, Fifth Avenue, and the Manhattan skyline.

Sales of The Residences at Mandarin Oriental, Honolulu Resume

Retrieved on: 
Tuesday, March 8, 2022
Travel, Ala Moana, Honolulu, Michelin, Marketing, Health, Jardine Matheson, The Residences, Mandarin Oriental Hotel Group, Molteni, Multimedia, AHL, Group, COVID-19, Oahu, Co-managed Security, Fluidity, View, Built environment, Hotel, Residence

HONOLULU, March 8, 2022 /PRNewswire/ --Mana'olana Partners, the ownership entity of Mandarin Oriental Hotel and Residences, Honolulu established by Los Angeles-based Salem Partners, has resumed sales of The Residences at Mandarin Oriental, Honolulu after placing its efforts on hold during the COVID-19 pandemic.

Key Points: 
  • HONOLULU, March 8, 2022 /PRNewswire/ --Mana'olana Partners, the ownership entity of Mandarin Oriental Hotel and Residences, Honolulu established by Los Angeles-based Salem Partners, has resumed sales of The Residences at Mandarin Oriental, Honolulu after placing its efforts on hold during the COVID-19 pandemic.
  • The Residences features 99 private homes that offer an unprecedented lifestyle made possible by the Mandarin Oriental's legendary service coupled with Hawai'i's boundless natural beauty.
  • Mana'olana Partnersis the ownership entity of the Mandarin Oriental Hotel and Residences, Honolulu established by real estate development firm Salem Partners.
  • Mandarin Oriental has a strong pipeline of hotels and residences under development and is a member of the Jardine Matheson Group.

Mana'olana Partners selects Harold Clarke Advisors to Represent The Residences at Mandarin Oriental, Honolulu

Retrieved on: 
Wednesday, March 2, 2022
Michelin, AHL, Molteni, View, City, Mandarin Oriental Hotel Group, Health, Fluidity, Built environment, Goal, Multimedia, Jardine Matheson, Marketing, CEO, Group, Partnership, Hotel, Real estate, Financial services, Residence

HONOLULU, March 2, 2022 /PRNewswire/ -- Mana'olana Partners, the ownership entity of Mandarin Oriental Hotel and Residences, Honolulu established by Los Angeles-based Salem Partners, welcomed Harold Clarke Advisors to its project team.

Key Points: 
  • HONOLULU, March 2, 2022 /PRNewswire/ -- Mana'olana Partners, the ownership entity of Mandarin Oriental Hotel and Residences, Honolulu established by Los Angeles-based Salem Partners, welcomed Harold Clarke Advisors to its project team.
  • As one of the foremost ultra-prime real estate industry experts in Hawai'i, Harold Clarke Advisors will lead sales and marketing for The Residences at Mandarin Oriental, Honolulu.
  • Harold Clarke Advisors, a private real estate consultancy led by Harold Clarke, focuses on connecting ultra-high-net-worth-individuals with the world's most exclusive properties.
  • "We're pleased to collaborate with Mana'olana Partners and share the vision for The Residences," said Harold Clarke, CEO of Harold Clarke Advisors.