Stocks to watch: Jardine Matheson, Mandarin Oriental, BRC Asia, Lum Chang Creations

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 24):

Jardine Matheson: The Hong Kong-based conglomerate said in a bourse filing on Friday that its performance for the third quarter of 2025 was “in line with expectations at the half-year” and that its full-year profit guidance was unchanged. The company said it “continued to de-lever” its parent balance sheet and had a net debt of US$25 million at the end of October after receipt and payment of dividends. Shares of Jardine Matheson fell 1.7 per cent to close US$1.10 lower US$62.15 on Friday, before the update.

Mandarin Oriental : The hotel group, which is undergoing a privatisation bid from its majority shareholder Jardine Matheson, posted a “stable” underlying net profit for the third quarter of 2025 ended Sep 30, compared to a year ago. The group on Friday (Nov 21) also reported “marginal” growth in its earnings before interest, taxes, depreciation and amortisation, though it did not provide specific figures. Shares of Mandarin Oriental ended flat at US$3.29 on Friday, before the news.