Straits Trading
Straits Trading unit to divest South Korea logistics property for 432 billion won
Completion of the disposal is expected to take place on or around Jan 29
Straits Trading partners Cromwell, divests 19.9% of Australian industrial portfolio for A$47.6 million
The seed portfolio is currently valued at about A$470 million
Straits Trading reports H1 loss of S$40.8 million
It cites two main factors for the decline, one of which is the remeasurement of exchangeable bonds following ESR’s delisting from Hong Kong’s stock exchange
Straits Trading expects to swing to net loss for H1
But its overall financial position remains healthy with sufficient liquidity to meet its operational and financial commitments, says the group
Straits Trading’s H2 loss narrows to S$12.5 million from S$43.5 million
This comes on the back of an improvement in revenue and the net fair value of investment properties
Straits Trading Company expects to raise up to S$10 million through digital commercial paper
It will mature about three months from the date of issuance
Straits Trading Company makes bold move in Malaysia with Penang’s Straits City project
The 40-acre mixed-use development in Butterworth aims to establish a vibrant hub of retail, residential, office and leisure spaces
Straits Trading Company sets up S$55 million multicurrency debt issuance programme
The first issuance is for three-month commercial papers on digital securities platforms operated by SDAX
Straits Trading Company, SDAX to leverage cross offerings in new partnership
The tie-up offers Straits Trading Shareholders’ Club members and SDAX clients access to exclusive investment opportunities
Straits Trading Company’s H1 profit down 64.9% to S$5.2 million
Revenue was up 7.1 per cent at S$252.5 million
