The Straits Trading Company Limited announced that the following 85%-owned subsidiary has been established in Australia. Name of subsidiary is 45SGT Unit Trust. Principal activity is Investment holding. Issued and paid up share capital is AUD 95.00 comprising 95 ordinary units in 45SGT Unit Trust. 45SGT Unit Trust is a 95%-owned subsidiary of SRE Australia 3 Pte. Ltd., an indirect wholly- owned subsidiary of Straits Real Estate Pte. Ltd.