Singapore's top property broker PropNex plans to launch IPO

Singapore's top property broker PropNex plans to launch IPO

Traffic drives along a road under a SMRT Corp. train travelling along an elevated track past residential buildings at the My Manhattan development in the Simei area of Singapore, on Saturday, June 3, 2017. Photographer: Sanjit Das/Bloomberg

PropNex Realty Pte, Singapore’s biggest property broker, plans to seek about S$40 million ($30 million) from a proposed Singapore initial public offering, people with knowledge of the matter said.

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