The Straits Trading Company

In line with the better earnings, Wing Tai has declared higher dividends.

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

A special dividend of 10 cents per share is likely in the FY2021 on the back of the ARA merger, says RHB's analyst Vijay Natarajan

The fund will focus on convenience-led discount retail park assets in the UK.

The brokerage started Straits Trading Company at ‘buy’ on compelling value and potential listing of ARA Asset Management.

"We see value in the property as it gives us a resilient stream of income via its stable existing leases," says Desmond Tang, CEO of SRE.

Shares in Straits Trading closed 2 cents lower, or 1.3% down, at $1.54 on August 14, prior to the announcement.

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 Shanghai, China for RMB 2.42 billion ($469.5 million), the gro

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 consideration of JPY 8.25 billion ($103.2 million), the company repo

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.