Regional Expansion (1960 - 1979)

1960s


  • Hong Kong began its transformation from an entrepot trading port into an international manufacturing and business centre.
  • In 1961 Jardine Matheson became a public company with the initial offer oversubscribed by some 56 times.
  • In 1963 Hongkong Land opened what was then the Mandarin hotel, which has today become one of the world's leading hotels, The Mandarin Oriental Hotel.
  • In 1964 Dairy Farm acquired the Wellcome grocery chain in Hong Kong and developed it into a leading supermarket chain.
  • A representative office was established in Australia in 1963 and in Jakarta in 1967.

1970s


  • JM & Co pioneered merchant banking in Hong Kong and the region in 1970 with the establishment of Jardine Fleming in joint venture with Robert Fleming.
  • The expansion of the Firm's insurance interests with acquisitions in the United Kingdom and the United States laid the groundwork for Jardine Insurance Brokers.
  • The Excelsior hotel opened in Hong Kong in 1972, at the site of the original Lot No.1, and was followed by the acquisition of The Oriental, Bangkok in 1973, and hotels in Manila and Jakarta in 1976 and 1978 respectively.
  • In 1975 the Firm acquired Gammon Construction, which remains Hong Kong's leading construction company, now a joint venture with Balfour Beatty.
  • 1975 also saw the acquisition of the majority stake in Zung Fu, Hong Kong's Mercedes-Benz distributor and now the core component of Jardine Motors.
  • The Firm continued its international ventures with the acquisition of Theo H. Davies in Hawaii in 1973 (remaining interests were sold in 2001) and additional investments in South Africa and Saudi Arabia in the following years, all of which served to broaden the Group's core businesses.
  • In 1979 JM & Co was one of the first companies to re-establish relations with China with the opening of a representative office in Beijing.