- Business
- The Straits Trading Company Limited, incorporated in 1887 and headquartered in Singapore, operates as a conglomerate-investment company with core interests in resources, property, and hospitality across Asia Pacific regions including Singapore, Malaysia, Australia, Japan, South Korea, and China. It holds a 52% stake in Malaysia Smelting Corporation Berhad, the world's third-largest integrated tin producer dual-listed on Bursa Malaysia and the Singapore Exchange; a 100% stake in Straits Developments Pte Ltd, the operational arm for property development leveraging legacy assets in Singapore and Malaysia; a 100% stake in STC Property Management Sdn Bhd, developer of the 40-acre Straits City mixed-use CBD project in Butterworth, Penang, Malaysia featuring retail, hotels, service apartments, offices, and residences; a 100% stake in Straits Real Estate Pte Ltd for direct global real estate investments; a 100% stake in Straits Investment Management Pte Ltd, a licensed fund manager specializing in equities, fixed income, and alternatives; and a 30% stake in Far East Hospitality Holdings, owner-operator of premier hospitality assets in Asia Pacific and Germany. In November 2025, the company, through Straits Real Estate, formed a strategic partnership with Cromwell Property Group, divesting a 19.9% interest in its A$470 million Australian industrial and logistics portfolio for A$47.6 million in Phase 1 (expected completion by December 2025) and enabling portfolio recapitalization in Phase 2 during FY2026 to optimize capital recycling and expand the platform with Cromwell's operational expertise. Recent initiatives also include the launch of FIR-STTM, a fractional real estate investment scheme for prime properties, alongside bond issuances of S$370 million in exchangeable bonds (3.25% interest) in 2023 and S$130 million via medium-term notes (4.70% interest) in January 2024 to bolster liquidity amid tin price volatility affecting its resources segment.