Straits Trading Company *Official* (SGX: S20)

[Jupiter2017]

Straits Trading Company *Official* (SGX: S20)
Creating a new thread since cannot find a proper existing thread.

 

[Jupiter2017]

http://www.shareinvestor.com/news/news.html?source=sg_si_express&nid=168373
Straits Trading: Posts PATNCI Of S$11.9 Million In 3Q2017.
13 Nov 2017 10:17

The Straits Trading Company Limited reported a profit after tax and non-controlling interests of $11.9 million for the three months ended 30 September 2017, on the back of a 16.5% increase in revenue to $132.1 million from $113.4 million a year ago. Earnings per share for the period stood at 2.9 cents per share. For the nine months ended 30 September 2017, the Group delivered PATNCI of $42.3 million on revenue of $367.2 million. Earnings per share was 10.4 cents...
More information available here.: http://straitstrading.listedcompany.com/news.html/id/610389


Price Link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=S20.SI

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...-acquires-perth-property-through-jv-for-a542m
Straits Trading subsidiary acquires Perth property through JV for A$54.2m
THU, DEC 07, 2017 - 6:52 PM NAVIN SREGANTAN navinsre@sph.com.sg

THE Straits Trading Company announced on Thursday that its indirect subsidiary entered into a sale-and-purchase agreement to acquire an office building in Perth, Australia for approximately A$54.2 million (S$55.4 million).
Its subsidiary - Straits Real Estate - purchased 45 St Georges Terrace through a joint venture with indirect subsidiary 45SGT Unit Trust and St Georges Terrace Real Estate Netherlands.
The property is an 11-storey office building with two basement levels located in the main commercial thoroughfare of the Perth Central Business District, the group said in a filing with the Singapore Exchange after the market closed.
The purchase, which will be funded by internal resources and bank borrowings, comes as part of Straits Trading's strategy of redeploying capital from low-yielding investment properties to potentially higher return real estate opportunities through Straits Real Estate.
Straits Trading shares ended flat at S$2.35 on Thursday.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=S20.SI

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...ding-unit-to-invest-in-japan-real-estate-fund
Straits Trading unit to invest in Japan real estate fund
THU, JAN 04, 2018 - 6:28 PM MICHELLE QUAH michquah@sph.com.sg

the Straits Trading Company announced on Thursday that it will be investing in a Japanese real estate fund to be managed by Savills IM Japan Residential Fund GP Pte Ltd.
Straits Trading will participate in the fund, Savills IM Japan Residential Fund, via its indirect subsidiary, SRE Japan 11 Pte Ltd.
The fund is a limited partnership established in Singapore that will acquire residential properties located in the Greater Tokyo area and other key markets in Japan.
Straits Trading said that this investment is in line with its strategy, which it has stated before, of "redeploying capital from its existing property portfolio of high-quality but low-yielding investment properties into potentially higher return real estate opportunities".
SRE Japan 11, as a limited partner of the fund, will commit nine billion yen (S$106.5 million).
Straits Trading added that this transaction is not expected to have a material impact on the earnings per share and net tangible asset per share of the group for the current financial year ending Dec 31, 2018, nor will it have any impact on the issued share capital of the company.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=S20.SI

 

[Jupiter2017]

http://www.businesstimes.com.sg/rea...-buys-into-properties-in-japan-for-88058m-yen
STC-invested fund buys into properties in Japan for 880.58m yen
Wed, Jan 31, 2018 - 10:56 PM Lynette Khoo lynkhoo@sph.com.sg

THE Straits Trading Company Ltd said that a Japanese real estate fund that it has invested into has snapped up properties in Japan for 880.58 million yen (S$10.62 million).
The fund is managed by Savills IM Japan Residential Fund GP Pte Ltd, a limited partnership established in Singapore to acquire residential properties located in the Greater Tokyo area and other key markets in Japan.
The properties, located in Asakusabashi, Taiko-ku and Narimasu, Itabashi-ku were completed in December and November last year respectively.
They have a total of 88 apartment units with a total net lettable area of 2,487.4 sq m.
Straits Trading had said earlier this month that SRE Japan 11, as a limited partner of the fund, will commit nine billion yen into the Savills IM-managed fund.

price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=S20.SI

 

[Euqorab]

Any interest in this?

 

[reddevil0728]

Any interest in this?

you currently vested?

 

[Euqorab]

you currently vested?

No.