ERA

A total dividend of 6.5 cents will be paid

For 2021, APAC Realty will help market 23 new projects with a total of 8,745 units. Out of which, ten projects have been launched.

The total FY2020 dividend of 2.5 cents represents a payout ratio of 54.3%.

The company believes that the negative impact of the Covid-19 outbreak on the Singapore property market will be relatively short-lived.

SINGAPORE (Nov 18): Analysts see a glimmer of light at the end of the tunnel for APAC Realty, despite a disappointing 3Q for the real estate agency on the back of a slower-than-expected recovery in the residential property market.

SINGAPORE (June 18): DBS Vickers Securities is reiterating its “buy” call on APAC Realty with a lower target price of $1.22 compared to $1.32 previously, after accounting for the group’s partial debt financing for its new office building based on DC

SINGAPORE (May 9): APAC Realty reported 1Q18 earnings of $5.9 million for the 1Q18 ended March, up 46.8% from $4 million a year ago due to higher revenue.

SINGAPORE (Feb 13): APAC Realty, the real estate services provider under the ERA brand, has agreed to grant Smart Property Intelligence Co. exclusive rights to operate or grant memberships for the operation of ERA member broker offices in Cambodia.

SINGAPORE (Sept 28): APAC Realty says it has received strong indicative interest for both its international placement and initial public offering (IPO), where 44.5 million and 4.4 million shares, respectively, were being offered at 66 cents per share.

SINGAPORE (Sept 21): APAC Realty, the operator of ERA property agency, has launched its initial public offering to raise about $58.2 million as the first real estate brokerage to list on the Singapore Exchange.