IN BRIEF: Jardine Matheson new CEO buys $2 million in shares

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Jardine Matheson Holdings Ltd - Hong Kong-based holding company with interests in retail, property, hotels and motor dealerships - Chief Executive Officer Lincoln Pan buys 14,800 shares at $67.05 and $68.30, worth total $1.0 million, on Wednesday and Thursday last week in Singapore. Pan had bought 14,800 shares on Tuesday as well, paying $68.30 per share, also worth $1.0 million. Pan replaced John Witt as CEO this month, his appointment having been announced back in May. Additionally, Elton Chan, chief executive of Jardine Pacific, buys 5,800 shares at $69.16, worth $401,128, in Singapore on Monday last week.

Current stock price in Singapore: $69.24

12-month change: up 64%

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