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PropNex's prelim IPO prospectus attracts unwanted attention over discrepancies

IPO

PropNex's prelim IPO prospectus attracts unwanted attention over discrepancies

PC Lee & Stanislaus Jude Chan Published on Thu, Jun 21, 2018 / 6:36 PM GMT+8

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SINGAPORE (June 21): PropNex Realty’s upcoming initial public offer (IPO) has already attracted its fair share of attention, albeit for the wrong reasons.

After poring over the preliminary IPO prospectus document lodged last Thursday, eagle-eyed observers have spotted a number of discrepancies in the group's disclosures.

Real-estate agency PropNex lodges preliminary offer document