Welcome!
Chew Gek Khim
EY Entrepreneur Of The Year 2024 Awards Singapore
Tecity Group aims to craft a legacy beyond tradition
Chew notes that while certain leadership skills are timeless, the ability to adapt is paramount in today’s environment.
7 days ago
Corporate moves
Straits Trading eyes new Penang hotel, tourism recovery
STC executive chairman Chew Gek Khim says its “diversified business strategy” has helped it navigate challenges
March 07, 2024
Results
Straits Trading reports $28.6 mil loss in FY2023 on lower revenue and higher funding costs
An interim dividend of 8 cents per share has been declared for the period, to be paid on July 2.
February 27, 2024
Results
Straits Trading reports FY2022 earnings of $551.3 million, led by divestment gains
The company plans to pay a dividend of 8 cents, bringing total value to be paid for FY2022 to 58 cents
February 28, 2023
Results
Straits Trading plans distribution-in-specie worth 50 cents per share following ARA divestment gain
"We reward shareholders with a special dividend whenever substantial shareholder value is unlocked"
August 14, 2022
M&A
Straits Trading acquires JL Family Office's stake in Straits Real Estate for $105 mil
Post-transaction, Straits Real Estate will become a fully owned subsidiary of Straits Trading.
April 05, 2021
Results
Straits Trading reports FY2020 earnings of $51.5 mil
Strait Trading's associate ARA Management's AUM has hit $119 billion
February 25, 2021
Results
Straits Trading’s FY16 earnings surge to $67.3 mil on better overall performance
SINGAPORE (Feb 28): The Straits Trading Company, a diversified investment company with interests in real estate, hospitality and resources, reported FY16 earnings surged to $67.3 million from $8.5 a year ago, supported by improved performance across all i
February 28, 2017
Malaysia Smelting Corporation announces new CEO
SINGAPORE (Oct 7): Dual-listed refined tin supplier Malaysia Smelting Corp. (MSC), a subsidiary of Straits Trading Co, on Friday appointed Patrick Yong Mian Thong as its new CEO with immediate effect.
October 07, 2016
Results
Straits Trading’s earnings more than triple to $6.6 mil in 2Q
SINGAPORE (Aug 12): The Straits Trading Company reported earnings for 2Q16 more than tripled to $6.6 million from $1.8 million a year ago.
August 12, 2016