Sitra Holdings, the manufacturer of wood-based furniture, has disposed of its entire stake in World Furnishing Hub for a consideration of $3.7 million. The disposal was done through a sale and purchase agreement (SPA) with Sitra Holdings’ wholly-owned subsidiary Sitra Agencies and Hafary Pte Ltd, ...

WOOD products supplier Sitra Holdings (International) plans to diversify into the hospitality business through a deal to acquire a majority stake in a Bintan resort from the family of company chairman and chief executive George Chew.