Jardine Matheson Holdings has hired Christopher Ganis, formerly chief investment officer at sovereign wealth fund Indonesia Investment Authority, as Indonesia country head, according to people familiar with the matter.

Lincoln Pan, CEO at Jardine Matheson Holdings, discusses the group's strategic blueprint that includes a share buyback, boosting returns and adding exposure to developed markets. He speaks exclusively on "Bloomberg: The China Show." (Source: Bloomberg)

Jardine Matheson Holdings Ltd. will buy back $500 million of its own shares by the end of next year as the Hong Kong company lays out targets for its transformation from a long-term owner-operator into an active investor more akin to a private equity fund.

Hong Kong’s Jardine Matheson Holdings Ltd. is seeking to an around A$1.5 billion ($1.1 billion) loan to fund its takeover of Australian medical diagnostic imaging provider I-MED Radiology Network Ltd., according to people familiar with the matter, as it looks to expand its portfolio.

Jardine Matheson Holdings Ltd. is nearing an agreement to buy I-MED Radiology Network Ltd., people familiar with the deal said on Sunday, an acquisition that would add Australia’s biggest medical diagnostic imaging provider to the conglomerate’s portfolio.

A market meltdown and the saga of a contested gold mine is raising more questions about Southeast Asia’s biggest economy.

A market meltdown and the saga of a contested gold mine is raising more questions about Southeast Asia’s biggest economy.