SGX:OYY

2 stories mentioning SGX:OYYUpdated 14d ago

Every FINWIRES story that references SGX:OYY, newest first.

PropNex's Profit Slips 3% in H1

PropNex's (SGX:OYY) attributable net profit declined 3.1% to SG$40.9 million in the first six months of 2026 from SG$42.3 million a year ago, according to a Thursday filing to the Singapore stock exchange.Earnings per share in H1 contracted to SG$0.0553, versus SG$0.0571 a year ago, the Singapore-based real estate developer said.Revenue in the six months ended June 30, edged up 0.7% to SG$603.0 million from SG$598.9 million a year ago.The company's board has proposed an interim dividend of SG$0.05 per share for H1, to be paid on Sept. 11."Barring unforeseen events, the Group remains cautiously optimistic about delivering a strong full year performance for 2026," the company added.

SGX:OYY

Asia45d ago

Claimants Withdraw Lawsuit Against PropNex's Arm

PropNex (SGX:OYY) said a lawsuit filed against the company's wholly-owned subsidiary, PropNex Realty, as a co-defendant, has been dropped, according to a Friday filing to the Singapore stock exchange.The claimants have discontinued and withdrawn the suit, the statement said.PropNex Realty was named as one of three co-defendants in a lawsuit filed in the High Court of Singapore in February. According to the lawsuit, claimants sought damages against PropNex Realty for alleged breach of duty of care and sought compensation of around SG$367,405 in damages.The withdrawal of the case is not expected to have any material impact on the financial position and performance of the group for the financial year ending Dec. 31.PropNex's shares were down nearly 1% in Monday's trade.

SGX:OYY

Track with the FINWIRES app suite

FolioX

Track SGX:OYY in your portfolio

WheelAI

Analyze SGX:OYY options with the wheel strategy

StockInsider

See market sentiment on SGX:OYY