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M&A
Straits Trading acquires JL Family Office's stake in Straits Real Estate for $105 mil
Post-transaction, Straits Real Estate will become a fully owned subsidiary of Straits Trading.
April 05, 2021
Property
Straits Trading acquires Tokyo residential property for $5.4 mil
SINGAPORE (Sept 29): Straits Trading Company is acquiring a freehold six-storey rental residential apartment in Tokyo, Japan, for about $5.4 million which is to be funded by internal resources and bank borrowings.
September 29, 2017
Property
Straits Trading buys stake in Sydney office building for $123 mil
SINGAPORE (June 6): Straits Real Estate, a subsidiary of Straits Trading Company, is investing roughly A$119 million ($122.7 million) for a stake in a 32-storey office building located at 320 Pitt Street in Sydney, Australia.
June 06, 2017
Straits Trading unit to sell Melbourne property for $171.8 mil
SINGAPORE (Oct 21): The Straits Trading Company on Friday announced the proposed sale of an office building in Melbourne, Australia, for A$161.5 million (171.8 million).
October 21, 2016
Results
Straits Trading’s earnings more than triple to $6.6 mil in 2Q
SINGAPORE (Aug 12): The Straits Trading Company reported earnings for 2Q16 more than tripled to $6.6 million from $1.8 million a year ago.
August 12, 2016
Stocks To Watch
Stocks to watch: Straits Trading, FCL, ISOTeam, Global Yellow Pages
SINGAPORE (June 1): Here are some stocks to follow this Wednesday morning:
June 01, 2016