Straits Trading Co. Ltd. ( (SG:S20) ) has shared an announcement.
The Straits Trading Company Limited has announced the voluntary liquidation of its indirect wholly-owned subsidiaries, SRE Australia 12 Pte. Ltd. and SRE Venture 17 Pte. Ltd. This decision is not expected to significantly affect the company’s net tangible assets or earnings per share for the financial year ending December 31, 2025, and none of the company’s directors or controlling shareholders have any direct or indirect interest in the liquidation.
More about Straits Trading Co. Ltd.
The Straits Trading Company Limited, established in 1887, is a conglomerate-investment firm with interests in resources, property, and hospitality. It holds strategic stakes in major companies like Malaysia Smelting Corporation Berhad, ESR Group Limited, and Far East Hospitality Holdings, and manages a diverse property portfolio.
YTD Price Performance: -3.50%
Average Trading Volume: 23
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €450.5M
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