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PropNex Celebrates 25 Years with Major Community Initiatives and Leadership Change

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PropNex Celebrates 25 Years with Major Community Initiatives and Leadership Change

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PropNex Ltd. ( (SG:OYY) ) has issued an update.

PropNex Ltd. celebrates its 25th anniversary by announcing over $30 million in community initiatives, including a $6 million donation to Community Chest and the launch of the PropNex Foundation with a $10 million endowment. Additionally, the company introduces a leadership change with Mr. Kelvin Fong as the new CEO, while Mr. Ismail Gafoor remains as Executive Chairman. These efforts underscore PropNex’s commitment to nation-building and community support, reinforcing its corporate social responsibility and impact on local communities.

The most recent analyst rating on (SG:OYY) stock is a Buy with a S$0.96 price target. To see the full list of analyst forecasts on PropNex Ltd. stock, see the SG:OYY Stock Forecast page.

More about PropNex Ltd.

PropNex Ltd. is Singapore’s largest listed real estate agency, focusing on providing real estate services and community development initiatives.

Average Trading Volume: 621,967

Technical Sentiment Signal: Buy

Current Market Cap: S$895.4M

For an in-depth examination of OYY stock, go to TipRanks’ Overview page.

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