Malaysia Smelting Corporation
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The Straits Trading Company Limited is a
Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...
-based corporation with operations in Singapore and
Malaysia Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and thre ...
, as well as various localities in Asia and Australia. Founded in 1887, the company was the result of a partnership for
tin Tin is a chemical element; it has symbol Sn () and atomic number 50. A silvery-colored metal, tin is soft enough to be cut with little force, and a bar of tin can be bent by hand with little effort. When bent, a bar of tin makes a sound, the ...
smelting Smelting is a process of applying heat and a chemical reducing agent to an ore to extract a desired base metal product. It is a form of extractive metallurgy that is used to obtain many metals such as iron-making, iron, copper extraction, copper ...
between James Sword, a
Scottish Scottish usually refers to something of, from, or related to Scotland, including: *Scottish Gaelic, a Celtic Goidelic language of the Indo-European language family native to Scotland *Scottish English *Scottish national identity, the Scottish ide ...
businessman, and Herman Muhlinghaus, a
German German(s) may refer to: * Germany, the country of the Germans and German things **Germania (Roman era) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizenship in Germany, see also Ge ...
entrepreneur; the Straits Trading Company was later incorporated in Singapore on 8 November 1887 with a hefty capital of S$150,000 during its days. The company eventually rose to become one of the largest tin smelters in the world, operating at tin rich deposits in the
Kinta Valley The Kinta Valley (Malay language, Malay: ) is a geographical feature and conurbation in central Perak, Malaysia, surrounding and including the state capital Ipoh. Historically the Kinta Valley was very rich in tin, and their mines have been among ...
and
Klang Valley Klang Valley () is an urban agglomeration in Malaysia that is centered in the federal territories of Kuala Lumpur and Putrajaya, and including their adjoining cities and towns in the state of Selangor. It is the urban area of the much larger Ku ...
of then
British Malaya The term "British Malaya" (; ) loosely describes a set of states on the Malay Peninsula and the island of Singapore that were brought under British Empire, British hegemony or control between the late 18th and the mid-20th century. Unlike the ...
(
Peninsular Malaysia Peninsular Malaysia, historically known as Malaya and also known as West Malaysia or the Malaysian Peninsula, is the western part of Malaysia that comprises the southern part of the Malay Peninsula on Mainland Southeast Asia and the list of isla ...
). By the late-20th century, the company began diversifying into hotel and
property management Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and mon ...
, and financial investment; it also became a member of the Tecity Group. Mining and smelting operations that the Straits Trading Company was originally engaged in were eventually carried out by its 73%-owned subsidiary, the Malaysia Smelting Corporation Berhad (), a public listed company on
Bursa Malaysia Bursa Malaysia (English: Malaysian Bourses or Malaysia Exchange) is the stock exchange in Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It p ...
.


See also

*
Walter Nutt Walter Frederick Nutt (1874 – 14 November 1940) was Managing Director of The Straits Trading Company (1918–21),John Bagnall Sir John Bagnall (23 May 1888 – 1954) was Chairman and Managing Director of the Straits Trading Company Limited (1923–1947), which was one of the largest tin smelting and refining companies in the world, and a member of the Legislative Counc ...
, Chairman and Managing Director of Straits Trading Company (1923-1947)


External links


Official Straits Trading Company website

Official Malaysia Smelting Corporation website
1887 establishments in Singapore Real estate companies of Singapore Service companies of Singapore Smelting Metal companies of Singapore Singaporean brands {{malaysia-company-stub