공시 • Jan 21
Mandarin Oriental International Limited Applies for Cancellation of Listing of Shares Mandarin Oriental International Limited and Jardine Matheson announced that, following the delivery of a copy of the Court Order to the Registrar of Companies for registration earlier on 19 January 2026, the Scheme has now become effective in accordance with its terms. As a result, all of the conditions to complete the Acquisition have now been satisfied and the Acquisition has completed. Pursuant to the Scheme, the entire issued share capital of Mandarin Oriental is now owned by Bidco. Further to the announcement on 16 January 2026 by Mandarin Oriental and Jardine Matheson of the sanctioning of the Scheme by the Court, Mandarin Oriental announced that: (i) the listing of Mandarin Oriental Shares was suspended on the Official List by 7.30 a.m. (UK time) on 19 January 2026; (ii) the admission to trading of Mandarin Oriental Shares was suspended on the London Stock Exchange's main market for listed securities by 7.30 a.m. (UK time) on 19 January 2026; (iii) the trading of Mandarin Oriental Shares on the Main Board of the Singapore Exchange was suspended with effect from 9.00 a.m. (Singapore time) on 8 January 2026; and (iv) the trading of Mandarin Oriental Shares was suspended on the Bermuda Stock Exchange with effect from 5.00 p.m. (Bermuda time) on 16 January 2026. Mandarin Oriental has made applications to: (i) the Financial Conduct Authority to cancel the listing of the Mandarin Oriental Shares on the Official List with effect from 8.00 a.m. (UK time) on 20 January 2026; (ii) the London Stock Exchange to cancel the admission to trading of the Mandarin Oriental Shares on the London Stock Exchange's main market for listed securities with effect from 8.00 a.m. (UK time) on 20 January 2026; (iii) the Singapore Exchange to cancel the listing of the Mandarin Oriental Shares on the Main Board of the Singapore Exchange with effect from 5.00 p.m. (Singapore time) on 20 January 2026; and (iv) the Bermuda Stock Exchange to cancel the listing of the Mandarin Oriental Shares on the Bermuda Stock Exchange with effect from 8.30 a.m. (Bermuda time) on 20 January 2026. 공시 • Jan 20
Jardine Strategic Limited completed the acquisition of the remaining 11.96% stake in Mandarin Oriental International Limited (SGX:M04). Jardine Strategic Limited entered into a Transaction Agreement to acquire remaining 11.96% stake in Mandarin Oriental International Limited (SGX:M04) for approximately $510 million on October 17, 2025. The Acquisition will be implemented by way of a scheme of arrangement under section 99 of the Bermuda Companies Act. Under the terms of the acquisition, Jardine Strategic Limited will pay $3.35 in cash per share, comprising $2.75 in cash as Scheme Value and a special dividend of $0.6 in cash. In a separate agreement, Alibaba Group and Ant Group entered into an agreement to acquire top thirteen floors of One Causeway Bay in Hong Kong from Mandarin Oriental International Limited for $925 million. Jardine Matheson has received irrevocable undertakings to vote in favor of the Scheme at the Court Meeting and the resolutions to be proposed at the Special General Meeting in respect of 20,342,145 Mandarin Oriental Shares representing, approximately 13.46% of the number of Independent Mandarin Oriental Shares. Upon completion, Jardine Strategic Limited will own 100% stake in Mandarin Oriental International Limited and requests will be made by Mandarin Oriental to each of the Financial Conduct Authority, the London Stock Exchange, the Singapore Exchange and the Bermuda Stock Exchange to cancel Mandarin Oriental's stock exchange listings. Jardine Matheson intends to finance the Scheme Value using cash on its balance sheet together with committed facilities.
The transaction is subject to approval by the shareholders of Mandarin Oriental International Limited, court approval, completion of top thirteen floors of One Causeway Bay in Hong Kong Sale and other regulatory approvals. The Court Meeting and the Special General Meeting are expected to be held in December 2025. The Board of Directors of Mandarin Oriental International Limited formed a special committee for the transaction and unanimously intends to recommend Mandarin Oriental Shareholders to approve the acquisition. The scheme will become effective by February 28, 2026. As of November 14, 2025, the transaction is expected to close by May 31, 2026. As of December 8, 2025 Mandarin Oriental International Limited shareholder approved the transaction, 95.83% of Independent Mandarin Oriental Shareholders voted in favor, representing 99.76% of the votes cast. At the Special General Meeting, 99.98% of votes supported the acquisition. The transaction has been sanctioned by the court.
J.P. Morgan Securities (Asia Pacific) Limited acted as financial advisor to Jardine Strategic Limited. Linklaters LLP acted as legal advisor to Jardine Strategic Limited. Morgan Stanley Asia Limited acted as financial advisor to the independent board committee of Mandarin Oriental International Limited. Jason Webber, Ben Heron, Claire Jackson, Stephanie Courtice of Slaughter and May acted as legal advisor to the independent board committee of Mandarin Oriental International Limited.
Jardine Strategic Limited completed the acquisition of the remaining 11.96% stake in Mandarin Oriental International Limited (SGX:M04) on January 19, 2026. All the conditions have been satisfied. 공시 • Oct 20
Mandarin Oriental International Limited Announces Special Cash Dividend Mandarin Oriental International Limited announced a special dividend of USD 0.60 in cash (being the special dividend referenced by Mandarin Oriental in the OCB Sale Announcement) (the "OCB Dividend"). 공시 • Jul 28
Swire Brickell Key Hotel, Ltd acquired remaining 25% stake in Mandarin Oriental, Miami from Mandarin Oriental International Limited (SGX:M04) for $37 million. Swire Brickell Key Hotel, Ltd acquired remaining 25% stake in Mandarin Oriental, Miami from Mandarin Oriental International Limited (SGX:M04) for $37 million in June 2025. The $37 million total consideration consists of $16.7 million cash and a $20.3 million repayment of shareholder loan.
Swire Brickell Key Hotel, Ltd completed the acquisition of remaining 25% stake in Mandarin Oriental, Miami from Mandarin Oriental International Limited (SGX:M04) in June 2025. 공시 • Mar 06
Mandarin Oriental International Limited, Annual General Meeting, May 02, 2025 Mandarin Oriental International Limited, Annual General Meeting, May 02, 2025.