Straits Real Estate

Post-transaction, Straits Real Estate will become a fully owned subsidiary of Straits Trading.

SINGAPORE (Sept 29): Straits Trading Company is acquiring a freehold six-storey rental residential apartment in Tokyo, Japan, for about $5.4 million which is to be funded by internal resources and bank borrowings.

SINGAPORE (June 6): Straits Real Estate, a subsidiary of Straits Trading Company, is investing roughly A$119 million ($122.7 million) for a stake in a 32-storey office building located at 320 Pitt Street in Sydney, Australia.

SINGAPORE (Oct 21): The Straits Trading Company on Friday announced the proposed sale of an office building in Melbourne, Australia, for A$161.5 million (171.8 million).

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.

SINGAPORE (June 1): Here are some stocks to follow this Wednesday morning: