Straits Trading Company (STC)

How companies are transforming their businesses sustainably - THE EDGE SINGAPORE

Special Event

How companies are transforming their businesses sustainably

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


Straits Trading Company prices $170 mil notes due 2026 with 4.10% p.a. coupon

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


Straits Trading Company acquires two Melbourne properties for $143.9 mil

The consideration will be funded by internal resources and bank borrowings.
Straits Trading Company launches private placement to raise $80.9 mil - THE EDGE SINGAPORE

Company in the news

Straits Trading Company launches private placement to raise $80.9 mil

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


Yanlord Land revives $2.60 per share offer to buy over United Engineers

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.


Straits Trading to acquire Adelaide property for $7.2 mil

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

Malaysia Smelting Corp proposing 1-to-2 share split and 1-for-1 bonus issue

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.


Straits Trading 1H earnings up 4.4% to $30.4 mil

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.

Broker's Calls

Straits Trading stands tall with majority stake in ARA Asset Management

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