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Straits Trading Co Ltd Announces Incorporation Of Wholly Owned Subsidiary

Monday, 18 Nov 2013 06:03am EST 

Straits Trading Co Ltd announced that it has, through STC Capital Pte. Ltd., incorporated a new wholly-owned subsidiary, Straits Real Estate Pte. Ltd. (“SRE”), in the Republic of Singapore. SRE has been incorporated for the purposes of carrying out the Business as a Real Estate Co-Investment Vehicle under the Real Estate Co-Investment. The initial issued and paid-up share capital of SRE is SGD10.00, comprising 10 ordinary shares. Accordingly, the book value and net tangible asset value of the shares of SRE is SGD10.00. 

Company Quote

4 Mar 2015