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Potential near-term relisting of ARA a 'key' catalyst for Straits Trading: DBS

Jeffrey Tan
Jeffrey Tan3/5/2021 12:45 PM GMT+08  • 1 min read
Potential near-term relisting of ARA a 'key' catalyst for Straits Trading: DBS
The move, which the brokerage estimates could be worth up to $6.4 billion, could benefit STC “significantly”, DBS says.
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The potential relisting of The Straits Trading Co’s (STC) ARA Asset Management in the near term is a “key” catalyst for the company, according to DBS Group Research.

The move, which the brokerage estimates could be worth up to $6.4 billion, could benefit STC “significantly”, it says.

“We continue to believe that ARA’s possible relisting in 2021/2022 will be a key catalyst for STC,” DBS analysts Chung Wei Le and Derek Tan write in a note dated March 4.

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