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The Straits Trading Company
Company in the news
Straits Trading Company launches $55 mil multicurrency commercial paper programme on SDAX
The digital securities are priced at an interest rate of 3.80% per annum.
October 15, 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
Global Markets
This Valentine's Day, I can’t help falling in love with oldies but goodies
In the stock market, not many companies or stocks can withstand the test of time if they don't reinvent themselves
February 16, 2023
Insider moves
Wing Tai in buybacks after Fidelity trims stake; Straits Trading director buys more shares
In line with the better earnings, Wing Tai has declared higher dividends.
October 13, 2022
Funds
Straits Trading Company prices $170 mil notes due 2026 with 4.10% p.a. coupon
The notes are expected to be issued on May 4 and listed on the Singapore Exchange (SGX) the day after.
April 26, 2022
Broker's Calls
The Straits Trading Company is 'scaling new heights', says RHB
A special dividend of 10 cents per share is likely in the FY2021 on the back of the ARA merger, says RHB's analyst Vijay Natarajan
January 05, 2022
Straits Trading to invest in Savills IM fund, will commit up to GBP60 mil
The fund will focus on convenience-led discount retail park assets in the UK.
October 05, 2021
Broker's Calls
Shares in Straits Trading Company up by over 10% after DBS initiates 'buy' on the counter
The brokerage started Straits Trading Company at ‘buy’ on compelling value and potential listing of ARA Asset Management.
February 04, 2021
Property
Straits Trading to purchase UK freehold business park for $137.9 mil
"We see value in the property as it gives us a resilient stream of income via its stable existing leases," says Desmond Tang, CEO of SRE.
August 26, 2020
Results
Straits Trading's 1H20 earnings fall 87.1% to $5.5 mil on lower tin mining and smelting revenue
Shares in Straits Trading closed 2 cents lower, or 1.3% down, at $1.54 on August 14, prior to the announcement.
August 14, 2020