458:
Hongkong Land. Newbigging announced in early
November that Jardine Matheson and Hongkong Land had agreed to increase their interests in each other, so as to make it impossible for any party to gain control of either company. The cross-ownership scheme, however, placed both companies deeply into debt. The defensive actions required during 1980 forced Jardine Matheson to sell its interest in Reunion Properties to raise cash. Newbigging was criticised for being too conservative and placing too much emphasis on local and regional operations. The Keswick family also saw it as a chance to remove Newbigging from office. Newbigging finally stepped down as senior managing director in June 1983, but retained the titular position of chairman. He was replaced as taipan by 40-year-old
381:, the leading British trading firm, in 1954 at the age of 20. He became its director in 1967 and worked in various places including from Hong Kong, Taiwan, China, the United Kingdom, Malaysia and Australia throughout the years. In 1970, he was promoted to managing director in 1970 and was chairman and senior managing director of the firm from 1975 until his retirement in 1983. He was also chairman of the other companies under Jardine, including the
414:
underperforming
Jardine subsidiaries outside Hong Kong. He redoubled efforts to increase trade with China (which had only invited the company back into China in 1979) and resumed investments in Hong Kong-based enterprises. However, due to the lack of expertise, these enterprises lost money in almost every venture.
564:
from 2004 to 2010 and was its deputy chairman of the
Council of Trustees from 2002 to 2004. He is a trustee of the UK Trust for Nature Conservation in Nepal (formerly King Mahendra UK Trust for Nature Conservation) since 1988. He was chairman of the Wiltshire Community Foundation from 1991 to 1997,
413:
When
Newbigging took over from Henry Keswick as the Jardine taipan in 1975, the company was undergoing a rapid decline in power and wealth. Between 1975 and 1979, Jardine Matheson's profits grew at an annual rate of only 10 percent (a poor record for Hong Kong). Newbigging responded by disposing of
457:
and nearly went bust in the early 1980s. When he discovered a secret buyer had begun acquiring shares of
Jardine Matheson stock in late 1980, many observers suspected that either Li or Pao (or worse, both) were attempting to purchase a large enough share in Jardine Matheson to win control over
404:
to become the next taipan in 1972. The
Keswicks prevailed after winning the support of institutional shareholders in London. Henry was named senior managing director, while his uncle John resumed the chairmanship to ensure that the Keswicks did not lose control of the company.
533:, Talbot Holdings Ltd, Synesis Life Ltd and Academic Partnerships Int Ltd. He had been deputy chairman of the Provincial Group plc and the Benchmark Group. He was the director of Rennies Consolidated Holdings Ltd,
977:
972:
525:
plc, Maritime
Transport Services Ltd, Faupel plc, Equitas Holdings Limited, Equitas Management Services Limited, Equitas Reinsurance Limited, Equitas Limited,
647:
982:
588:
Newbigging married
Carolyn S. Band in Hong Kong in 1968 and has one son and two daughters. His hobbies include Chinese art and most outdoor sports.
773:
942:
927:
481:
Besides his company positions, he was also appointed to various public positions by the colonial government. He had been chairman of the
721:
466:
937:
922:
554:
17:
429:, were consistently outperformed by rising local, ethnically Chinese hongs. In 1980, Jardine was outbid by shipping magnate Sir
473:
Ltd from 1975 to 1983, Wah Kwong
Shipping Holdings Ltd (Hong Kong) and Wah Kwong Maritime Transport Holdings Ltd (Hong Kong).
932:
883:
781:
597:
486:
987:
997:
947:
669:
534:
437:
in which the two groups had previously shared control when the latter decided to diversify from ships into property.
349:
in Hong Kong. For his services for maintaining order during the internment, David Locke was awarded
Commander of the
223:
541:(formerly the National Coal Bd), CIN Management Ltd, United Meridian Corporation (USA), Market Board Corporation of
859:
490:
361:
346:
322:
140:
952:
894:
655:
513:
Newbigging returned to England after his retirement from Jardine and was chairman of various companies including
188:
502:
318:
298:
96:
962:
841:
574:
482:
868:
745:
401:
350:
290:
176:
76:
36:
553:, Academic Partnerships LLP Dallas USA. He also held the membership of the International Council of the
753:
390:
53:
992:
570:
356:
Newbigging was sent aboard and received his education in Canada and was subsequently educated at the
337:, China to David Locke Newbigging and L. M. Newbigging. David Locke Newbigging was also director of
305:; born 19 January 1934) is a British businessman and Hong Kong politician born in China. He was the
378:
338:
310:
446:
342:
616:
957:
917:
494:
967:
912:
833:
809:
566:
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382:
132:
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between 1982 and 1983 (director 1975–83), and Jardine Fleming Holdings from 1975 to 1983.
8:
621:
561:
470:
875:
818:
526:
422:
314:
294:
40:
569:
from 1993 to 2006, and the Academic Partnerships Int Ltd from 2012 to 2015. He was
514:
498:
426:
164:
120:
442:
791:
530:
522:
397:
906:
763:
546:
489:
in 1980 to 1982. From 1978 to 1982, he was the chamber representative in the
459:
438:
386:
357:
266:
88:
677:
851:
801:
538:
430:
417:
During the 1970s, British companies in Hong Kong such as Jardine Matheson,
450:
418:
580:
For his voluntary service to cancer research, he was knighted in 2011.
542:
261:
465:
During his Jardine chairmanship, Newbigging was also director of the
518:
334:
306:
219:
550:
708:
International Directory of Company Histories, Volume 93
396:
Newbigging was involved in the struggle against the
313:, the leading British trading firm in East Asia and
435:Hongkong & Kowloon Wharf & Godown Company
383:Hongkong & Kowloon Wharf & Godown Company
904:
978:Members of the Legislative Council of Hong Kong
441:, a development company established in 1889 by
973:Members of the Executive Council of Hong Kong
983:Officers of the Order of the British Empire
701:
699:
697:
695:
467:Hongkong & Shanghai Banking Corporation
642:
640:
638:
636:
634:
632:
529:(formerly Friends Provident Life Office),
333:Newbigging was born on 19 January 1934 in
625:(Supplement). 1 January 1946. p. 62.
555:Morgan Guaranty Trust Company of New York
705:
692:
615:
629:
328:
153:11 October 1978 – 28 July 1982
14:
905:
598:History of Jardine, Matheson & Co.
884:Hong Kong General Chamber of Commerce
782:Hong Kong General Chamber of Commerce
487:Hong Kong General Chamber of Commerce
372:
360:. After his education, he joined the
943:Hong Kong businesspeople in shipping
537:, Provincial Life Assurance Co Ltd,
364:and was promoted to 2nd lieutenant.
400:when he and his supporters opposed
24:
928:British businesspeople in shipping
535:Sun Life & Provincial Holdings
25:
1009:
476:
408:
367:
938:British expatriates in Hong Kong
923:People educated at Oundle School
860:Legislative Council of Hong Kong
583:
491:Legislative Council of Hong Kong
449:, faced consistent threats from
323:Legislative Council of Hong Kong
141:Legislative Council of Hong Kong
493:. In 1980, he was appointed by
242:
722:"New Year's Honours 2011: CSV"
714:
662:
609:
505:until his retirement in 1984.
503:Executive Council of Hong Kong
302:
97:Executive Council of Hong Kong
13:
1:
842:Hong Kong Tourist Association
603:
575:Worshipful Company of Grocers
573:in 2003 and Liveryman of the
483:Hong Kong Tourist Association
362:King's Own Scottish Borderers
933:British expatriates in China
508:
462:, brother of Henry Keswick.
287:Sir David Kennedy Newbigging
7:
988:Businesspeople from Tianjin
754:Jardine, Matheson & Co.
670:"SPEAKERS & MODERATORS"
591:
351:Order of the British Empire
54:Jardine, Matheson & Co.
10:
1014:
998:High sheriffs of Wiltshire
948:Hong Kong chief executives
648:"David Kennedy NEWBIGGING"
391:Hongkong Electric Holdings
891:
873:
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858:
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838:
830:
825:
814:
806:
798:
788:
778:
770:
760:
750:
742:
737:
706:Pederson, Jay P. (2008).
571:High Sheriff of Wiltshire
485:from 1977 to 82, and the
379:Jardine Matheson & Co
339:Jardine Matheson & Co
311:Jardine Matheson & Co
280:
272:
260:
252:
229:
203:
198:
194:
182:
170:
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139:Unofficial Member of the
138:
126:
113:
102:
95:Unofficial Member of the
94:
82:
70:
59:
51:
47:
31:
341:and was interned at the
18:David Kennedy Newbigging
710:. Gale. pp. 266–7.
560:He was chairman of the
447:James Johnstone Keswick
343:Stanley Internment Camp
953:Jardine Matheson Group
471:Hongkong Telephone Co
963:The Wharf (Holdings)
810:Ocean Park Hong Kong
567:Mission to Seafarers
521:plc, NM UK Limited,
455:Cheung Kong Holdings
329:Family and education
133:John Henry Bremridge
33:Sir David Newbigging
882:Representative for
738:Business positions
565:the Council of the
389:from 1975 to 1983,
385:from 1970 to 1980,
347:Japanese occupation
826:Political offices
622:The London Gazette
562:Cancer Research UK
373:Managing positions
901:
900:
895:M. G. R. Sandberg
892:Succeeded by
876:Unofficial Member
849:Succeeded by
819:Gordon Macwhinnie
815:Succeeded by
789:Succeeded by
761:Succeeded by
658:on 19 March 2016.
527:Friends Provident
427:Wheelock & Co
423:Hutchison Whampoa
319:Executive Council
315:unofficial member
284:
283:
224:Republic of China
189:M. G. R. Sandberg
16:(Redirected from
1005:
993:Knights Bachelor
866:Preceded by
840:Chairman of the
831:Preceded by
808:Chairman of the
799:Preceded by
780:Chairman of the
771:Preceded by
752:Chairman of the
743:Preceded by
735:
734:
730:
729:
718:
712:
711:
703:
690:
689:
687:
685:
680:on 20 March 2016
676:. Archived from
666:
660:
659:
654:. Archived from
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627:
626:
613:
549:, Ocean Energy,
499:Murray MacLehose
304:
246:
244:
217:
213:
211:
199:Personal details
185:
173:
165:Murray MacLehose
160:
151:
129:
121:Murray MacLehose
116:
107:
85:
73:
64:
29:
28:
21:
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1008:
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1006:
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834:J. H. Bremridge
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443:William Keswick
411:
375:
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353:(CBE) in 1946.
331:
248:
245: 1968)
240:
236:
235:Carolyn S. Band
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214:19 January 1934
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792:John L. Marden
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726:Cabinet Office
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531:Thistle Hotels
523:Ivory and Sime
515:Rentokil Group
510:
507:
478:
477:Public offices
475:
410:
409:Jardine taipan
407:
398:Keswick family
374:
371:
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368:Jardine career
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958:Hongkong Land
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918:Living people
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869:Sidney Gordon
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774:Nigel A. Rigg
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764:Simon Keswick
756:
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746:Henry Keswick
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584:Personal life
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547:Merrill Lynch
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460:Simon Keswick
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439:Hongkong Land
436:
432:
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406:
403:
402:Henry Keswick
399:
394:
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387:Hongkong Land
384:
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365:
363:
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358:Oundle School
354:
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267:Oundle School
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216:(age 90)
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177:Sidney Gordon
175:
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89:Simon Keswick
87:
81:
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77:Henry Keswick
75:
69:
63:
58:
55:
50:
46:
42:
38:
30:
27:
19:
881:
880:
874:
852:Duncan Bluck
839:
807:
802:Kenneth Fung
779:
751:
725:
716:
707:
682:. Retrieved
678:the original
673:
664:
656:the original
651:
620:
611:
587:
579:
559:
539:British Coal
512:
480:
464:
431:Yue-Kong Pao
416:
412:
395:
376:
355:
332:
286:
285:
184:Succeeded by
159:Appointed by
148:
115:Appointed by
104:
84:Succeeded by
61:
52:Chairman of
26:
968:HSBC people
913:1934 births
617:"No. 37407"
451:Li Ka-shing
445:'s brother
419:Swire Group
345:during the
276:Businessman
172:Preceded by
128:Preceded by
72:Preceded by
907:Categories
889:1978–1982
846:1977–1982
786:1980–1981
758:1975–1983
604:References
377:He joined
273:Occupation
262:Alma mater
210:1934-01-19
509:UK career
149:In office
109:1980–1984
105:In office
66:1975–1983
62:In office
684:15 March
652:Debretts
592:See also
519:Redfearn
495:Governor
469:and the
433:for the
321:and the
253:Children
543:Lloyd's
501:to the
335:Tianjin
317:of the
307:Tai-pan
299:Chinese
247:
239:
220:Tianjin
551:Paccar
425:, and
301::
230:Spouse
674:Asean
517:plc,
241:(
237:
817:Sir
686:2016
497:Sir
204:Born
163:Sir
119:Sir
453:'s
309:of
303:紐璧堅
291:OBE
37:OBE
909::
724:.
694:^
672:.
650:.
631:^
619:.
577:.
557:.
545:,
421:,
325:.
295:DL
293:,
289:,
243:m.
222:,
212:)
41:DL
39:,
728:.
688:.
297:(
256:3
208:(
20:)
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