The Digital Note, backed by a deed of undertaking by Straits Developments, allows for investors to gain up to 10% additional interest at redemption
- As risk-free rates rise, investment providers in the market are bringing more innovative investment products to compete for investor dollars in the market.
- One such new innovation is being brought to the market by Straits Trading through SDAX – a tokenised corporate bond that is backed by real estate which allows for additional special interest earned at maturity.
SINGAPORE –
Media Outreach – 11 January 2023 – SDAX, a regulated investment and trading platform providing multi asset securities and fund units, has listed a tokenised note from Straits Trading GG Pte Ltd (STGG) in its exchange. The Digital Note functions as a note, with a deed of undertaking by Straits Developments Pte Ltd, provides an option for investors to earn stable interest income, while being able to participate in the appreciation of the underlying real estate asset – a freehold Gallop Green townhouse at Woollerton Park.
The investment deal with Straits Trading Company, a conglomerate-investment company incorporated since 1887 with diversified international operations and financial interests, is its first tokenised real estate-linked tradeable asset that utilises the blockchain for listing on SDAX’s exchange. The successful listing highlights the strategic partnership that Straits Trading Company has with SDAX as a supportive shareholder, and showcases an investment offering fractionalised real assets for investors.
The Digital Note offers investors the opportunity to invest in a note with property-like returns at a fraction of the cost. Investors will receive 3% annual interest payment and up to 10% special interest at redemption of the note which is subject to the sale price of the underlying property or valuation of the property. The previous instance when Straits Trading made available fractionalised real estate to investors was in May 2022 through its Straits Trading Shareholders’ Club where investments were in the minimum of S$200,000 to S$500,000.
“Fractional assets present a great opportunity for more investors to be involved in the various investment options that we have. As we look for strategic opportunities for new growth engines in digital assets, we are glad to be working with a technology platform like SDAX and bring more unique investment opportunities to a wider base of investors,” said Eric Teng, Chief Executive Officer of Straits Developments Pte Ltd.
SDAX works with companies and institutions to list investment deals in a fast, secure and cost-effective way through blockchain technology, in the process making these private market real estate investment opportunities accessible to investors via digital securities, in fractionalised amounts. Licensed by the Monetary Authority of Singapore, SDAX focuses on institutional-grade real estate, corporate finance and ESG (Environmental, Social and Governance) investments. SDAX is backed by strategic shareholders such as ESR (APAC’s largest real asset manager), PSA International – a Temasek Company, Straits Trading and RHT Group.
“In the current inflationary environment, people should be looking for ways to make idle funds in the bank more productive. Through our curation process, we collaborated with STC to bring this unique Digital Note that allows for interest income and participation in capital gains from real estate to more investors. With technology opening up more investment options, investors are getting better access to opportunities that generate more returns at the same or lower risk level. The Digital Note with STGG signals a start of more of such investments to come,” said Raymond Poh, Chief Executive Officer of SDAX.
SDAX’s exchange provides secondary market liquidity and enables its investors to participate in trading their digital securities. The blockchain allows for an immutable ledger in which the ownership of the assets is recorded and transferable efficiently on the exchange. The exchange will provide a channel for investors in this deal to trade their digital securities should they wish to exit the investment earlier than maturity – opening up possibilities for investors and providing price discovery for the issuer.
Raymond adds, “We continue to forge ahead with our institutional partners, strategic shareholders and the wider ecosystem to bring more of these curated opportunities for our investors.”
Hashtag: #realestate #tokenisation #investment
https://www.linkedin.com/company/sdax/ https://www.facebook.com/SDAX.co https://www.instagram.com/sdax_co/The issuer is solely responsible for the content of this announcement.
SDAX
SDAX is a MAS-regulated investment and trading platform serving institutional, accredited and retail investors. We provide access to uniquely curated assets that were once only available to institutions or ultra-high net worth individuals, through asset tokenisation. Our strength lies in real estate, corporate finance and ESG opportunities. SDAX partners with corporate and institutions to raise capital more efficiently to support their growth and expansion.
SDAX represents the merged entities of digital asset exchange Digiassets Exchange Singapore (SDAX) and fintech company Minterest Holdings. The merger and rebranding bring synergy for SDAX by combining capabilities to offer a Digital Asset Exchange.
Visit our website here
Straits Trading Company
Incorporated in 1887, The Straits Trading Company Limited is a conglomerate-investment company with operations and financial interests in resources, property, and hospitality. These include strategic stakes in one of the world’s leading tin producer, Malaysia Smelting Corporation Berhad, which is dual listed on Bursa Malaysia and the Singapore Exchange Securities Trading Limited, ESR Group Limited and Far East Hospitality Holdings as well as a diversified property portfolio that is wholly owned by the Group.
Services
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
Upcoming Events
In this episode of 'A Working Lunch with Nordin', MGBF's Nordin Abdullah and regional commentator Eddin Khoo will discuss the biggest threats and opportunities for businesses as we look to manage change in the South China Sea.
This MGBF Roundtable will feature thought leaders form Japan, Australia, Singapore and Malaysia dealing with the critical issues of manipulation of public listed companies and government and their financial impacts.
A series of networking sessions with various business associations and trade organisations exploring high-value opportunities for business leaders and entrepreneurs looking to build the relationships that matter.
This integrated event will include a forum, dedicated business matching, site visits, a gala dinner and a round of golf. Aptly themed, the focus will be on regional food security issues and trends in the context of the supply chain, agriculture technology and trade regulations and policies.
MGBF In The News
Planet QEOS and China Machinery Engineering Corporation (CMEC) are interested in investing RM10 billion to co-develop advanced Megawatt peak (MWp) agrovoltaic in Baram, to further boost Sarawak’s green energy initiative and food security. Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg was briefed on Friday by both the […]
Last week SPM results came out, 373,974 aspirants who have been waiting patiently over the last few months would now know their fate. Some 10,109 have received all A’s, the golden standard of academic success and the ticket to those looking to study the “more advanced” subjects in university. Proudly, […]
The classic knee-jerk reaction is to say, fire the coach, change the leadership of associations, and reduce the funding till they start performing better. This kind of negative reinforcement may work for kindergarten children, but we are dealing with high-performance adults – individuals much further along in their psychological and […]
Since its earliest tea plantations in 1929, Cameron Highlands has grown to become a key player in the agricultural landscape of Malaysia, producing 40 per cent of all vegetables grown. Despite Malaysia shifting its economic focus away from agriculture, the industry remains imperative for food security and the livelihoods of […]
Although at first glance the travel industry and the agricultural sector appear to have nothing in common, they actually share more than meets the eye. The economic benefits of tourism to the agricultural sector can be multiplied several times over. “Tourism brings the end consumers closer to the source, which […]
The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang. The MP’s Special Session […]
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
Malaysia Global Business Forum (MGBF) has moved to support the creative economy as the overall economy moves into a recovery phase following the COVID19 pandemic. As a step in the direction of normalcy, the MGBF has agreed to host the art exhibition “I Know You’re Somewhere So Far” by one […]
Congratulations to Datuk Seri Ismail Sabri Yaakob for taking up the mantle of the ninth prime minister of Malaysia. There is nothing normal about the situation; it could not have been scripted but it has kept the spectrum of media, mainstream and social, gripped. The first order of business for […]
In a stirring speech to the nation, President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46th president of the United State of America, it signaled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
We live in the age of crisis. At the heart of any crisis is the threat of rapid change. Change too deep or too wide that the current coping mechanisms for an individual, corporation or government are unable to remain resilient. An unwelcome paradigm shift, like the proverbial spider, that […]