Straco Corporation Ltd
Mr Wu Hsioh Kwang is the founder of Straco Corporation Limited and has been instrumental in driving the Group’s growth since its inception. Mr Wu was appointed as Executive Chairman of the Company in March 2003, to lead the Group in its strategic vision and overall management. As Chairman of the Board, Mr Wu provides valuable business insight and guidance to the Board in developing growth strategies for the Group’s businesses. Mr Wu’s other appointments include, Senior Honorary Council Member of Singapore Chinese Chamber of Commerce and Industry, First Vice-Chairman (China & North Asia Business Group) of Singapore Business Federation, and Vice-Chairman of Singapore Chinese Orchestra. He is also Director of Business China, Director of Confucius Institute, Board Member of Sun Yat Sen Nanyang Memorial Hall, as well as Board Member of the Haas School of Business. In 2015, Mr Wu was awarded the White Magnolia Award in Shanghai for his contributions to the Municipal City of Shanghai. In 2016, he received the Public Service Medal at the Singapore National Day Awards, and in the same year, he was awarded the Nanyang Distinguished Alumni Award by Nanyang Technological University (Singapore). Mr Wu holds a Bachelor of Commerce degree from the former Nanyang University (Singapore).
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Straco Corporation Ltd
Straco Corporation Limited (Straco) is a Singapore-based company, which is engaged in the development and management of tourism-related businesses. The Company operates through two segments: Aquariums and Giant Observation Wheel (GOW). The Company's Aquariums segment represents the operation of aquatic-related facilities and tourist attractions, including dolphin and sea lion performances. Retail, food and beverage are auxiliary goods and services arising from the operation of the aquatic-related facilities. The Company's GOW segment represents the operation of a circular observation structure, and the provision of commercial space. Its other operations include the operation of cable-car facility. The Company's operating assets include Shanghai Ocean Aquarium, which is a tourist attraction; Shanghai Singapore Flyer, which is an observation wheel; Underwater World Xiamen, which is located on the Gulangyu Island in Xiamen City, and Lixing Cable Car, which is a cable car service.