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This is one real estate and resources stock you shouldn't miss, says Phillip

PC Lee
PC Lee • 2 min read
This is one real estate and resources stock you shouldn't miss, says Phillip
Phillip Securities Research likes The Straits Trading Company (STC) which is shaping up to be a property powerhouse.
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SINGAPORE (June 13): Phillip Securities Research likes The Straits Trading Company (STC) which is shaping up to be a property powerhouse with a propitious tin-mining business.

STC started as a tin smelter back in 1887 but transformed into an active investor and developer of property when investment group Tecity in 2008 acquired a controlling stake in the company.

At present, STC has three core businesses consisting of Real estate, Hospitality and Resources.

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