Most investors in Singapore should be familiar with Jardine Cycle & Carriage and the other Jardine-related companies. When I chat with investors about the Jardine group of companies, many of them will say they are well-managed and shareholder friendly.
The last Jardine C&C annual general meeting I attended was in 2017. At the last AGM, I left with a good impression of the management team and at how well-mannered the meeting was conducted. This year, I decided to attend the Jardine C&C AGM again to learn new updates and insights about the company.
Here are six things I learned from the 2019 Jardine Cycle & Carriage AGM:
1. A shareholder asked about the company’s automotive business in Myanmar which made an underlying loss of US$4.9 million in 2018. Managing director Alexander Newbigging explained that Myanmar only started opening up to the outside world in 2011/12. Before that, the
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