The Straits Trading Company Completes Phase 1 of Disposal in Units

MT Newswires

Dec 10, 2025

The Straits Trading Company (SGX:S20) completed the first phase of divestment of units in SRE Industrial No. 1 Mid Trust and shares in Terre Property Partners, according to a Wednesday filing with the Singapore Exchange.

A deed deposit of AU$2.3 million paid by a Cromwell unitholder was released to the trustee as part payment of the unit issue consideration.

The balance of AU$45.3 million was paid by the Cromwell Custodian.

Concurrently, a capital amount of AU$47.6 million was returned to an SRE unitholder under the unit issue agreement.

Following the completion of the first phase, SRE now has an 80.1% stake in SRE Industrial.

This follows the strategic partnership between the company's subsidiary Straits Real Estate and Cromwell Property to enhance their industrial and logistics platform across Australia.

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