Baker Tilly's client, PropNex, debuts on SGX mainboard at 68.5 Singapore cents apiece
Above: Governance & Risk Partner at Baker Tilly, Lim Wei Wei, who led the Baker Tilly team, is pictured with PropNex’s Founder, Ismail Gafoor at the gala dinner event following the listing.
Singapore, 3 July 2018 - Baker Tilly extends our heartiest congratulations to PropNex on its successful listing on the Singapore Exchange mainboard on 2 July 2018. The homegrown real estate services group engaged Baker Tilly as their internal control consultant in relation to the placement for its initial public offering (IPO) of 42.5 million new shares at S$0.65 apiece.
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NOTES TO EDITORS:
As Singapore's largest listed real estate agency with over 7,000 sales professionals, PropNex is an integrated real estate services group that prides itself on delivering best-in-class services in real estate brokerage and project marketing.
Having established a strong presence in Singapore's residential market, PropNex continues to enhance and expand its suite of real estate services in Singapore and grow its operations regionally. The Group already has presence in Indonesia, Malaysia, and is currently looking to expand to Vietnam by end-2018. PropNex also offers access to international markets through its partnership with leading property consultancy Jones Lang LaSalle.
With a strong commitment to service excellence and quality, PropNex is the proud recipient of numerous accolades and a recognized leader in real estate agency services.
For more information, visit www.propnex.com.
About Baker Tilly TFW
Baker Tilly TFW is one of the 10 largest accountancy and business advisory firms in Singapore. Our expert team provides a comprehensive range of services to businesses, including assurance, tax, deal advisory, governance and risk, restructuring and recovery, outsourcing, and corporate secretarial services. Our diverse client base ranges from family-owned businesses to listed companies and multinational organisations in a variety of sectors.