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PropNex planning to raise S$40m from IPO: report

The launch could be as soon as next week and the listing may be as early as end-June


PROPNEX Realty, Singapore's largest homegrown property agency, is said to be looking to raise S$40 million from a proposed Singapore initial public offering (IPO).

The company is targeting a market capitalisation of as much as S$250 million, a Bloomberg article quoted...

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