Straits Trading Company (STC)

The Edge Singapore held its first sustainability investment forum on June 13 with Straits Developments, UOB and LGT.

The notes are expected to be issued on May 4 and listed on the Singapore Exchange (SGX) the day after.

The consideration will be funded by internal resources and bank borrowings.

The share placement will address the low trading liquidity of Straits Trading’s shares.

SINGAPORE (Oct 25): Yanlord Land Group, the China-based property developer, has made an offer to pay $2.60 for each United Engineers share it does not own.

SINGAPORE (Sept 9): The Straits Trading Company is acquiring a parcel of land in Adelaide, Australia, for A$7.6 million ($7.2 million).

SINGAPORE (Apr 23): Malaysia Smelting Corp Bhd, the world’s second-largest supplier of refined tin, is proposing a share split and a one-for-one bonus issue.

SINGAPORE (Aug 14): The Straits Trading Company posts earnings of $30.4 million for the 1H ended June, up 4.4% from $29.2 million a year ago.

SINGAPORE (May 17): OCBC Investment Research is maintaining its “buy” call on Straits Trading Company with an unchanged fair value estimate of $2.73, after it posted 1Q results which the research house deems to mark a “firm start to the year” for