Straits Trading Company

Property

Straits Trading to sell Adelaide industrial property for A$52.7 million

The property is valued at A$64.3 million as at Dec 31 2023 by CBRE.
Straits Trading eyes new Penang hotel, tourism recovery - THE EDGE SINGAPORE

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

Company in the news

Straits Trading prices $130 mil notes due 2029

The notes carry a coupon of 4.70% per annum and are due in 2029.
Straits Trading tops sector with divestment gains; Fortress Minerals rides on rising commodity prices - THE EDGE SINGAPORE

Billion Dollar Club 2023

Straits Trading tops sector with divestment gains; Fortress Minerals rides on rising commodity prices

Straits Trading is one of the oldest listed companies in Singapore.\
Straits Trading offers fractionalised investment opportunities in Chatsworth Park GCB and Duchess Residences condo - THE EDGE SINGAPORE

Property

Straits Trading offers fractionalised investment opportunities in Chatsworth Park GCB and Duchess Residences condo

Investors are offered exposure to high-quality and exclusive Singapore residential property at a fraction of its value

Right Timing

Equity as currency: Distributions in specie

SGX-listed entities are proposing distributions in specie. In the past, what are now CICT and Keppel REIT are proven successes
Singapore's next REIMs and REITs - THE EDGE SINGAPORE

REITs

Singapore's next REIMs and REITs

Developers trade at large discounts to book, and a few maybe ready to restructure to narrow the gap

Covid-19

Private sector link arms to counter 'public enemy number one' fallout

The government is widely expected to introduce a multi-million package to help companies and individuals ride through the negative impact of the Covid-19 outbreak, which has been dubbed “public enemy number one” by the World Health

Results

Straits Trading reports 78.1% 1Q earnings growth to $17.3 mil on higher share of associates

SINGAPORE (May 14): Straits Trading Company reported earnings $17.3 million for 1Q19, up 78.1% from $9.7 million in 1Q18 due to higher share of results of associates and joint ventures (JVs) as well as improved overall performance across all of its busine
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