PropNex Realty

Neo Kah Kiat, chairman and CEO of caterer Neo Group, increased his stake in the company via two separate married deals on July 24. In the first tranche, he acquired 453,300 shares for $190,386 and in the second tranche, he acquired 2.2 million shares for

APAC Realty which runs the ERA franchise here, bought 10,000 shares at 38 cents each. On March 16, he bought another 50,000 shares at 36 cents each. Chua now owns 80,000 shares, or 0.02% of the company.

SINGAPORE (Oct 1): Singapore’s private residential property index has increased by 1.4 points from 150.8 points in 2Q19 to 152.2 points in 3Q19, representing a 0.9% increase, compared to a 1.5% increase last quarter.

SINGAPORE (June 10): Top executives in PropNex Realty recently acquired a total of 709,400 shares at 48 cents each. Executive chairman and CEO Ismail Gafoore purchased a total of 609,400 shares on May 28 and June 4 and executive director Alan Lim Tow Huat

SINGAPORE (Feb 26): Real estate agency PropNex saw its earnings fall 57.7% to $1.8 million for the 4Q18 ended December, from $4.3 million a year ago.

SINGAPORE (Feb 20): PropNex Realty has entered into a strategic collaboration with Global Alliance Property (GAP).

SINGAPORE (Oct 22): PropNex expects rental, landed and HDB resale segments -- representing 40% of its total revenue -- to stay resilient in the face of cooling measures, says UOB KayHian after a meeting with management.

SINGAPORE (Sept 12): UOB KayHian is starting coverage of real estate agency PropNex with a “buy” and target price of 65 cents or 10 times FY19 forecast earnings given negatives from the recent cooling measures have been priced in.

SINGAPORE (Aug 15): PropNex Realty, a subsidiary of PropNex Limited, anticipates the total volume of new homes transactions to hit 8,500-9,000 for 2018.