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An announcement from PropNex Ltd. ( (SG:OYY) ) is now available.
PropNex Limited’s wholly-owned subsidiary, PropNex Realty Pte. Ltd., is facing a lawsuit in Singapore’s High Court over alleged misconduct by one of its salespersons in property transactions. The company plans to contest the lawsuit, which it believes will not significantly affect its financial position for the fiscal year ending December 2025. PropNex emphasizes this announcement as part of its commitment to good corporate governance.
More about PropNex Ltd.
YTD Price Performance: 19.58%
Average Trading Volume: 652,885
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$799.2M
See more insights into OYY stock on TipRanks’ Stock Analysis page.
