Straits Trading Company

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

Results

Straits Trading sees near-trebling of 4Q earnings to $14.1 mil despite lower revenue

SINGAPORE (Feb 28): Straits Trading Company saw its 4Q18 earnings nearly treble to $14.1 million from $5.2 million a year ago, mainly due to higher other items of income as well as reduced other items of expense.

Property

Straits Trading acquires $12.2 mil stake in Saitama residential property

SINGAPORE (Mar 15): The Straits Trading Company has taken a stake in a residential property in Higashi Kawaguchi, Saitama, Japan, via the Savills IM Japan Residential Fund.
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