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APAC Realty
Results
APAC Realty reports FY2020 earnings of $16.3 mil, up 17.8%
The total FY2020 dividend of 2.5 cents represents a payout ratio of 54.3%.
February 23, 2021
Company in the news
APAC Realty changes use in IPO proceeds
Shares in APAC Realty closed 2 cents higher or 4.5% up at 46.5 cents on Jan 13.
January 13, 2021
Broker's Calls
UOBKH initiates coverage on APAC Realty with “hold” rating, TP 41 cents
UOBKH reckons that investors should only accumulate the stock at 37 cents.
December 28, 2020
Broker's Calls
‘Buy’ APAC Realty as residential volumes rebound: RHB
RHB has maintained its "buy" rating on APAC Realty with a raised target price of 55 cents as residential volumes rebound.
November 26, 2020
Property
Holding the keys to the property kingdom
The property agency business is becoming oligopolistic as the top four agencies gun for size and pricing power
November 06, 2020
SGX Research Series: 10 in 10
APAC Realty bets on strong ERA branding for regional growth
Established over 38 years ago, the brand resonates with leading property developers, homeowners and property investors.
October 09, 2020
Deals, joint ventures & alliances
APAC Realty’s subsidiary increases equity interest in SoReal Prop to 31.7% for $0.6 mil
On August 19, APAC Realty’s wholly-owned subsidiary Electronic Realty Associates (ERA) subscribed for 605,175 ordinary shares in the enlarged share capital of SoReal Prop for a total consideration of $605,175.
August 21, 2020
Broker's Calls
PhillipCapital downgrades APAC Realty to 'neutral' on 'weaker-than-expected' results, while CGS-CIMB maintains 'buy' call on 'strong' 1H results
In his outlook statement, PhillipCapital's head of research Paul Chew foresees that the second half of FY20 will “bear the brunt of the lockdown especially new home sales and resale”.
August 18, 2020
Broker's Calls
Weak outlook ahead keeps APAC Realty at 'hold': DBS
Covid-19 uncertainties ahead keep APAC Realty at 'hold'
August 14, 2020