Jardine Matheson Enhances Transparency in Extractive Payments

Jardine Matheson Holdings (SG:J36) has released an update.

Jardine Matheson Holdings Limited has complied with the UK’s 2014 Reports on Payments to Governments Regulation by disclosing its 2023 payments to the Indonesian government, relating to its extractive subsidiaries’ operations in coal and gold mining. This move towards greater transparency in the extractive sector reflects the company’s commitment to the UK regulations intended to enhance transparency by detailing payments made for extraction activities. The subsidiaries, particularly PT United Tractors Tbk and its subsidiaries, are involved in both mining operations and contracting services.

For further insights into SG:J36 stock, check out TipRanks’ Stock Analysis page.