Straco Corporation Limited ("SCL") was listed on the Mainboard of the Singapore Exchange on 20 February 2004. Since then, the Group has been one of the first few foreign companies that has managed to build up significant presence and influence in the tourism industry in China. The Group showcases high quality tourism-related projects, incorporating entertainment, education and culture to create a unique experience for visitors and audiences. These projects include giant observation wheels, large-scale public aquariums, cable-car facilities, the protection and redevelopment of historical sites.
Singapore Flyer (“SF”) is the Group’s flagship project in Singapore. Launched in 2008, the SF is one of the world’s largest Observation Wheels standing at 165m tall. Visitors can enjoy panoramic views of the Marina Bay and city skyline with glimpses of neighbouring Malaysia and Indonesia. Ownership of the Singapore Flyer was officially transferred to Straco Leisure on 28 November 2014.
Shanghai Ocean Aquarium ("SOA") is the Group's flagship project in China and one of the most popular major attractions in Shanghai with more than 1 million visitors every year. Built at a cost of US$55 million, SOA has a total built-in area of 20,000 square meters that can house up to 21,000 people a day. Located right next to the city's iconic landmark, the Oriental Pearl Tower, the aquatic facility showcases over 10,000 fishes from over 450 different aquatic species all around the world and has been accredited as a National Municipal Education Base by the local authorities.
Underwater World Xiamen ("UWX") is another aquatic facility belonging to the Group. It has a capacity of 5.8 million litres of water and is home to a wide array of fresh water and marine livestock. Located on the scenic Gulangyu Island, it provides a magnificent backdrop to the marine animal shows that entertain visitors daily.
The Lixing cable-car service ("LLC") located at the scenic Mount Lishan Xi'an, measures up to 1.5 kilometers in length. LLC was a pioneer in Western China in building a cable-car service of international standards that offers a spectacular view of the mountain and its surroundings. The cable-car ferries visitors from the base to the mid-level of the mountain where Chao Yuan Ge ("CYG") located.
SCL owns the development right to CYG, an integral part of the restoration project for the grand "Hua Qing Palace". The preliminary development concept for the CYG project showcases the unique culture and architectural features from the Tang Dynasty period through reconstructed replicas of its major buildings.
Over the years, SCL has gained recognition as a leading developer, operator and investor of premier attractions and tourism-related projects. The Group will continue to target high quality tourism-related projects to fuel its growth.
