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Christopher Ganis joins Jardine Matheson as MD, investments; Country Head, Indonesia. 02 Jul 2026 Jardine Matheson Holdings (Jardines) announces the appointment of Christopher Ganis as Managing Director, Investments, effective 1 July 2026. He will also serve as Country Head of Jardines' Indonesian regional office and as a member of the Jardines executive leadership team, reporting directly to Jardines' CEO, Lincoln Pan. Christopher is a highly experienced investment professional with over 20 years in investment-related roles, and deep focus in Indonesia and other Southeast Asian markets. He has a proven track record in originating, structuring, and managing complex investments that span sovereign-style capital deployment, private credit, private equity, alternative asset management and M&A. Based in Jakarta, Christopher will lead Jardines' investment activities in Indonesia, where he will support both Jardines' and Astra International's (Astra) investment and business initiatives. As a member of the Astra Executive Committee, he will work closely with Astra's President Director Rudy Chen, the broader Astra executive leadership team, Jardine Cycle & Carriage CEO, Freddy Lee and Jardines CEO, Lincoln Pan, to build on Astra's strategy for future growth and resilience in line with the Group's long-term commitment to Indonesia. Chris will also be the primary Jardines contact for external stakeholders in Indonesia. This appointment follows the earlier announcement in April 2026 of Irene Liu as Managing Director, Investments, and reflects Jardines' continued focus on strong capital allocation and portfolio value creation to drive long term sustainable performance in its portfolio. Christopher joins from the Indonesia Investment Authority (INA), where he most recently served as Co-Chief Investment Officer. Prior to this, Christopher spent seven years at BlackRock, where he led private credit investments in Southeast Asia, with a focus on Indonesia. He previously held roles at Asia Summit Capital, Indies Capital, Citibank and Salomon Smith Barney. Lincoln Pan said, "We are delighted to welcome Chris to Jardines. He will play a key role in supporting Astra's leadership team as they implement their strategy and in supporting ongoing investments both at an Astra and Jardines level. Jardines is committed to further deepening our engagement and connectivity in Indonesia and Chris brings depth, professionalism and experience to support Jardines and Astra. Chris further brings deep experience in managing investments in the Indonesian market and will be an excellent addition to our executive leadership team in the region as we continue to build out our investment capabilities."

Jardine Matheson Holdings Limited has disclosed significant share acquisitions by its Managing Director, Investments, and the 1947 Trust (closely associated with Executive Directors). The transactions, totaling nearly US\$2.46 million in aggregate, are likely to be interpreted by the market as a positive sign of confidence from insiders and may have a material impact on share price.

SGX-listed Jardine Matheson eyes more Asia deals after US$10 billion spree to revamp empire. The company and its subsidiaries are shedding capital-intensive assets across sectors Published Fri, May 29, 2026 · 09:45 AM * In a potential sign of what is to come, JMH announced its expansion into Australia's medical industry with the US$2.4 billion acquisition of diagnostic imaging provider I-MED Radiology Network. PHOTO: REUTERS [HONG KONG] Jardine Matheson Holdings (JMH), which has a primary listing on the London Stock Exchange and secondary listing on the Singapore Exchange, is considering selling more assets as part of an overhaul to transform the conglomerate into an investment firm with a focus on higher growth areas, according to sources familiar with the matter. Among options being considered, the group's Mandarin Oriental International is weighing selling the remainder of an office tower in Hong Kong, following a deal last year to sell 13 floors to Alibaba Group Holding and Ant Group for HK$7.2 billion (S$1.2 billion), said the sources, who asked not to be identified while discussing private deliberations. The group, whose business includes retail, autos and infrastructure, is also reviewing options for other units, they said. Another potential target for sale is Zung Fu, JMH's Mercedes-Benz dealership business in Hong Kong and Macau, according to one of the sources. CEO Lincoln Pan, who was co-head of private equity at PAG before joining JMH in December, is hiring an investment team to oversee the conglomerate's portfolio revamp, according to the sources. JMH declined to comment. Asean intelligence. Get insights into businesses across South-east Asia Conglomerates are a deeply rooted feature of Hong Kong's commerce landscape, with JMH tracing its history back to an opium trading house founded in 1832 and rising to prominence during the city's time under British rule. But the business empires are increasingly looking to get out of the traditional sectors favoured by earlier generations as they attempt to navigate the challenges of the modern era. JMH's revamp coincides with similar steps by billionaire Li Ka-shing's CK Hutchison Holdings, which is also pivoting its focus in the face of rising global geopolitical tensions and disruptive technological development. At JMH, chairman Ben Keswick has led an overhaul that has included a sweeping restructure designed to simplify holdings, and announced last year his desire to reposition the company to focus on investing rather than directly operating businesses. Investors have welcomed the pivot. JMH's Singapore-listed shares have climbed more than 40 per cent in the past year as it proposed or completed at least US$10.5 billion in asset sales and mergers and acquisitions, data compiled by Bloomberg showed. The group is also buying back shares to boost investor returns. Shedding assets. Core to its ambitions are plans to expand in developed markets in the Asia-Pacific region, including Australia and Japan, in a bid to capture new growth opportunities and reduce exposure to geopolitical risks from South-east Asia, which accounts for about 63 per cent of its underlying profit, according to some of the sources. JMH will look at opportunities in sectors beyond its existing portfolio, which focuses on heavy industries, real estate, retail and financial services, they said. In a potential sign of what is to come, the company this week announced its expansion into Australia's medical industry with the US$2.4 billion acquisition of diagnostic imaging provider I-MED Radiology Network. Meanwhile, JMH and its subsidiaries have been shedding capital-intensive assets across sectors, including property and infrastructure, to free up cash for faster-growing industries and markets. That includes putting at least US$1.8 billion worth of Hong Kong property up for sale over the past year, data compiled by Bloomberg showed. In other sectors, JMH's restaurant unit has been seeking to sell its KFC and Pizza Hut chains in Asian markets, including Hong Kong and Taiwan, attracting bidders including Carlyle Group and Yum China Holdings, Reuters reported in May. Beyond asset sales, JMH is also streamlining its headcount in line with plans it previously announced. The group and its DFI Retail Group Holdings unit have conducted several rounds of layoffs of back-office staff, according to sources. BLOOMBERG Share with us your feedback on BT's products and services