All elements in place for Straits Trading to take flight

CHEW Gek Khim, chief executive officer of The Straits Trading Company Limited, once likened the setting up of new growth platforms in real estate, fund management and hospitality as designing a new engine that could run optimally. This engine has started running full steam at the 130-year-old company, generating strong recurring income for the group.

One of its crown jewel assets is a 20.95 per cent stake in ARA Asset Management (ARA), whose growth prospe…