The Business Times
business-time-50

PropNex's IPO public tranche 24.6 times subscribed

google-preferred-sourceAdd BT as a preferred source
Published Fri, Jun 29, 2018 · 09:50 PM

Singapore

THE INITIAL public offering (IPO) of PropNex closed with its public offer tranche 24.6 times subscribed.

The homegrown real estate services group, which will make its trading debut on July 2 at 9 am, said that the 2.125 million shares that it offered for public subscription at S$0.65 apiece drew 1,796 valid applications for roughly 52.24 million shares. The public offer closed at noon on June 28.

PropNex

TRENDING NOW

“I consider myself lucky. I don’t consider myself successful,” says Ng Yih Pyng, the second-generation leader of Tomei Consolidated.

What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief

Senior Judge Lee Seiu Kin rejects Chander Agarwal’s characterisation of the expenses as loans, pointing to a pattern of lavish spending on Felicia Lee.

Hell hath no fury like a man scorned: CEO’s S$468,000 suit against ex fails after relationship sours

Despite the current sell-off, currency strategists view the ringgit’s slide as temporary.

Singdollar hits 10-month high against ringgit as investors take refuge in traditional safe haven

Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed.

Canada’s fight with the US has far bigger stakes than trade

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More