Under the Radar: How far will China’s travel recovery bolster Straco Corporation’s financials and is diversification on the cards?

Your Way Home with Hongbin Jeong · Jan 9, 2024 · 17m

Today we’re going to bring you an inside look into a mainboard-listed tourism company that bought over the troubled Singapore Flyer back in 2014. Bingo if you’ve guessed Straco Corporation. Listed on the SGX, Straco Corporation is a local developer and operator of aquatic related facilities and tourism related assets. Aside from the Singapore Flyer, the firm’s other main operating assets include the Shanghai Ocean Aquarium next to the city’s landmark Oriental Pearl Tower, the Lixing cable car service at Mount Lishan, and the Underwater World Xiamen on the scenic Gulangyu Island. But why are…