The Straits Trading Company

Shares in Straits Trading Company up by over 10% after DBS initiates 'buy' on the counter - THE EDGE SINGAPORE

Broker's Calls

Shares in Straits Trading Company up by over 10% after DBS initiates 'buy' on the counter

DBS Group Research analysts Chung Wei Le and Derek Tan have initiated “buy” on The Straits Trading Company (STC) with a target price of $3.50.

Property

Straits Trading to purchase UK freehold business park for $137.9 mil

The Straits Trading Company’s subsidiary Straits Real Estate (SRE) is acquiring a freehold business park known as Bourne Business Park in Addlestone, Surrey, England, UK, for a total cash considera

Results

Straits Trading's 1H20 earnings fall 87.1% to $5.5 mil on lower tin mining and smelting revenue

The Straits Trading Company Limited reported earnings of $5.5 million for 1H20 ended June, down 87.1% from the $42.5 million a year ago.

Straits Trading unit enters JV to acquire Shanghai mall for $469.5 mil

Property

Straits Trading unit enters JV to acquire Shanghai mall for $469.5 mil

SINGAPORE (Dec 18): The Straits Trading Company is taking up a 37.7% stake in a joint venture with ARA Asset Management and ICBC International Investment Management to acquire a retail mall in Shan

Straits Trading to sell four residential properties in Osaka for $103 mil

Property

Straits Trading to sell four residential properties in Osaka for $103 mil

SINGAPORE (Dec 11): The Straits Trading Company, through its subsidiary, Straits Real Estate (SRE), is selling four residential properties, located in Central Osaka, Japan, for a total consideratio

Results

Straits Trading posts 25.5% drop in 2Q earnings to $25.3 mil

SINGAPORE (Aug 14): The Straits Trading Company recorded 2Q19 earnings of $25.3 million or 6.2 cents per share, 25.5% lower than $33.9 million in 2Q18.

Broker's Calls

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

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.

Far East Hospitality expands regional footprint in Vietnam with 2 hotel management contracts

Property

Far East Hospitality expands regional footprint in Vietnam with 2 hotel management contracts

SINGAPORE (Apr 17): Far East Hospitality, the operator of hotels and serviced residences, announced that it is expanding its regional footprint into Vietnam.

Results

Straits Trading posts 18% rise in 3Q earnings to $14 mil on enlarged portfolio

SINGAPORE (Nov 15): The Straits Trading Company reported earnings of $14.0 million for the 3Q18 ended September, some 18.1% higher than earnings of $11.9 million a year ago.

Property

Straits Trading to acquire portfolio of Australian logistics properties for $39.3 mil

SINGAPORE (Sept 12): The Straits Trading Company announced on Tuesday its subsidiary, Straits Real Estate, will acquire portfolio of logistics properties across Australia via the subscription for 8

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