The group proposed a final dividend of 2 cents of FY17, which translates to an annualised dividend yield of 12% on the IPO price of 66 cents.
SINGAPORE (Feb 26): APAC Realty on Friday announced that its 4Q earnings were up by 59.7% to $7.9 million from $4.9 million, bringing FY17 earnings to $25.9 million, 63.1% higher than $15.9 million in FY16.
Revenue for the quarter was 62.5% higher at $129.7 million from $79.8 million last year, driven an increase in real estate brokerage fees and related services.
