Straits Developments Pte Ltd
Property in Cross
Address
18 Cross Street, China Square Central - Marsh & Mclenna... #15-01. 048423, Cross, Singapore.Are you the owner or manager of this company?
What you should know about Straits Developments Pte Ltd
In April 2008, Straits Trading was acquired by The Cairns Pte Ltd, a member of the Tecity Group.
Apart from tin smelting, the company further expanded its business in the late 1990s to include other areas such as property holding and development, hospitality management & investment, investment and fund management, and media advertising.
Its business interests have diversified and span the Asia Pacific region.
Backed by more than 120 years of prudent and astute business management, the Group today has grown to an investment holding company with shareholders' funds of $1,097,260,000 as at 31st December 2009.
The Straits Trading Company Limited was incorporated on 8th November 1887 with an initial capital of $150,000.
The partnership evolved successfully to become one of the largest tin smelters in the world.
The founding history of The Straits Trading Company Limited can be traced to the 19th century with the formation of a partnership for tin smelting between James Sword, a Scottish businessman, and Herman Muhlinghaus, a German entrepreneur.
It is a privately-held investment group of companies founded by the late banker and philanthropist, Tan Sri (Dr) Tan Chin Tuan, who was also Chairman of Straits Trading for more than 20 years since 1965.
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