The Straits Trading Company Limited announced that it has allotted and issued 15.703 million new shares to shareholders who opted for its Scrip Dividend Scheme for the FY2025 dividend.
The shares were issued at 1.69 Singapore dollars each, reflecting a 0.6 percent discount to the average volume-weighted average price recorded on May 7–8 2026, the designated price-determination period.
Allotment was completed on Jun, 26 2026, with the new shares credited to securities accounts and mailed to registered shareholders. The exercise expands the company’s issued share capital by 3.3 percent to 487.931 million shares. Straits Trading has applied to the Singapore Exchange for the listing and quotation of the new shares, which will rank pari passu with existing shares.
Shareholders who did not participate in the scheme will receive the FY2025 cash dividend on or about Jun, 30 2026.