STTSY:OTCMKTS
Straits Trading Company ADR
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1 రోజు క్రితం
Straits Trading reshapes board and remuneration committee ahead of 2026 transition
The Business Times
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3 రోజుల క్రితం
Straits Trading aims to address an underserved market for seniors: life before assisted care
ప్రొఫైల్
The Straits Trading Company Limited is a Singapore-based corporation with operations in Singapore and Malaysia, as well as various localities in Asia and Australia.
Founded in 1887, the company was the result of a partnership for tin smelting between James Sword, a Scottish businessman, and Herman Muhlinghaus, a German entrepreneur; the Straits Trading Company was later incorporated in Singapore on 8 November 1887 with a hefty capital of S$150,000 during its days. The company eventually rose to become one of the largest tin smelters in the world, operating at tin rich deposits in the Kinta Valley and Klang Valley of then British Malaya.
By the late-20th century, the company began diversifying into hotel and property management, and financial investment; it also became a member of the Tecity Group. Mining and smelting operations that the Straits Trading Company was originally engaged in were eventually carried out by its 73%-owned subsidiary, the Malaysia Smelting Corporation Berhad, a public listed company on Bursa Malaysia. Wikipedia
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