{
  "id": 14083835,
  "title": "Stocks to watch: Jardine Matheson, Frasers Property, Advanced Systems Automation, Southern Alliance Mining",
  "url": "https://urgent.news/2026/10/13/stocks-to-watch-jardine-matheson-frasers-property-advanced-systems",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T00:45:09.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/stocks-watch-jardine-matheson-frasers-property-advanced-systems-automation-southern-alliance-mining"
  },
  "original_language": "en",
  "account": "Jardine Matheson upgraded its 2026 earnings guidance, projecting underlying earnings between US$5.50 and US$5.65 per share, compared to the previous guidance of US$5.33 per share. The company also completed an agreement to acquire a 50 percent stake in Gammon Construction from Balfour Beatty, making it the sole owner for US$330 million. Frasers Property appointed Jai Mirpuri as the new chief executive officer for its industrial and logistics operations in Australia and Europe, set to take effect on Jan 11, 2027. The company delayed its first-quarter financial results release, originally scheduled for Thursday, to Oct 31 due to the departure of its group financial manager. The Sultan of Johor acquired 2.3 percent of the mining group's issued shares from its managing director and controlling shareholder, Dato’ Sri Pek Kok Sam, in an off-market transaction worth S$6.1 million.",
  "summary": "[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 13):",
  "key_points": [
    "Jardine Matheson raises 2026 earnings guidance to US$5.50-5.65 per share",
    "Frasers Property appoints Jai Mirpuri as CEO for Asia-Pacific operations",
    "Sultan of Johor buys 2.3% stake in mining group from controlling shareholder"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}