Group at a Glance
Jardine Matheson Southeast Asia ("JMSEA") is the intermediate holding company of the Jardine Matheson Group in Southeast Asia.
JMSEA has a strategic focus in the fast-growing economies of Indonesia and Vietnam and our portfolio consists of consists of market-leading businesses across different sectors in these countries, alongside further interests in other Southeast Asian markets. This enables JMSEA to capture the rapid growth of the region, working closely with our portfolio of businesses to enable them to achieve their potential and to elevate their communities.
Headquartered in Singapore, JMSEA is listed on the Mainboard of the Singapore Exchange and is 87%-owned by the Jardine Matheson Group.
Indonesia
JMSEA has a 50.1% interest in Astra, which has leadership positions across its core businesses in automotive, financial services, heavy equipment, mining, construction & energy. JMSEA also holds 49.9% in Tunas Ridean, one of the largest automotive dealerships in the country.
Vietnam
JMSEA has a 26.7% holding in Truong Hai Group Corporation ("THACO"), Vietnam's automotive market leader and largest private business group in the country. JMSEA also holds a 41.67% holding in Refrigeration Electrical Engineering Corporation ("REE Corporation"), the first publicly listed company in Vietnam participating in power and utilities.
Regional Interests
JMSEA’s Regional Interests include Cycle & Carriage, a leading automotive dealership with an extensive network in Singapore (100%-owned) and Malaysia (97.1%-owned).
