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The latest announcement is out from PropNex Ltd. ( (SG:OYY) ).
PropNex Limited has announced that a legal suit previously filed against its wholly-owned subsidiary, PropNex Realty Pte. Ltd., as a co-defendant has been discontinued and withdrawn by the claimant. The company stated that this development will have no material impact on the Group’s financial position or performance for the financial year ended 31 December 2025, suggesting that its operations and financial outlook remain unaffected by the now-resolved litigation.
The most recent analyst rating on (SG:OYY) stock is a Hold with a S$2.50 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 Limited is a Singapore-incorporated company that operates through its subsidiaries, including wholly-owned unit PropNex Realty Pte. Ltd., in the real estate services sector. The Group focuses on property agency and related real estate services in the Singapore market.
Average Trading Volume: 1,210,658
Technical Sentiment Signal: Buy
Current Market Cap: S$1.39B
For detailed information about OYY stock, go to TipRanks’ Stock Analysis page.