The Business Times

PropNex

Property

Strong home sales power developers’ H1 earnings, analysts upbeat on firm sentiment, steady pipeline

Joseph Goh Infinitude Architectural, Interior & 360 Virtual Tour Photographer
Companies & Markets
HOT STOCK

Shares of UOL, PropNex surge 5% following H1 results

Shares of PropNex had gained 8.78 per cent or S$0.13 at close on Monday (Aug 11).
Companies & Markets
HOT STOCK

PropNex gains 1.9% on news of record interim profit and dividend

PropNex revenue surged 73.3% from H1 2024 as new unit sales more than doubled.
Companies & Markets

PropNex H1 profit doubles to new high of S$42.3 million; declares record interim dividend of S$0.05

PropNex Family Zone at Gardens by the Bay, launched in April, is a family-themed playground that incorporates educational and inclusive play elements.
Lifestyle
TAKING HEART

PropNex commits more than S$30 million to philanthropic initiatives, funding education

Kelvin Fong (right), PropNex CEO, will oversee the company's day-to-day operations. Ismail Gafoor will remain as executive chairman.
Property

Kelvin Fong appointed PropNex CEO; Ismail Gafoor remains as executive chairman

A land parcel which previously housed the Market Street Interim Hawker Centre is making way for new homes.
Property

China Square Food Centre set to be redeveloped into hotel; more homes to be built in the CBD, Kallang and River Valley 

PropNex Realty now faces at least two lawsuits involving the 99-to-1 arrangement, with claims over S$2 million.
Reits & Property

PropNex Realty faces second lawsuit over 99-1 deals

Melvin Li is suing the property agency PropNex Realty, its agent Ian Sng and City Law over his 99-to-1 deals.
Reits & Property

PropNex Realty changes law firm in ‘99-to-1’ suit to avoid conflict of interest

PropNex's board proposed a final dividend of S$0.03 per ordinary share, alongside a special dividend of S$0.025 per ordinary share, to be paid on May 8 following book closure on Apr 28.
Companies & Markets

PropNex H2 profit down 14.9% at S$21.9 million; proposes special S$0.025 per share anniversary dividend

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