Jardine Strategic Holdings
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Jardine Strategic Holdings Limited SGX: J37 is a large company that holds stock. It is a part of Jardine Matheson Holdings Limited, or Jardine's. Jardine Strategic is an element of the Straits Times Index.
The holding company holds substantial amounts of Dairy Farm, a convenience store group, Hongkong Land, a property group, Mandarin Oriental, a hotel group, and Jardine Cycle & Carriage, an auto group. It also owns part of the stock of the Jardine Matheson group itself. It in effect owns its own corporate 'parent'.
This is because Jardine Strategic, as an office, is a corporate entity entrusted with managing and owning stock, in its stock portfolios. The paperwork, taxes, computer file maintenance, day-to-day stock manipulation and security oversight of the stocks owned by this company, including that of its parent, are the purview of this company.
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