Mandarin Oriental International Limited announced that independent shareholders approved the scheme of arrangement for the recommended cash acquisition by Jardine Strategic Limited, a wholly-owned subsidiary of Jardine Matheson Holdings Limited.

At the Court Meeting held on Dec, 08 2025, 99.76% of the votes cast, representing 51.18% of the independent share capital, supported the scheme.

At the Special General Meeting on the same day, 99.98% of votes backed the bye-law changes required to implement the acquisition.

The transaction covers the 11.96% stake in Mandarin Oriental not already owned by Bidco. With today’s approvals, conditions 1(ii)(a) and 1(ii)(b) of the scheme have been satisfied. Completion remains subject to the OCB sale, court sanction and registration of the court order, with completion expected after Dec, 31 2025.

Mandarin Oriental had 1,263,809,532 shares in issue at the voting record time.