Apac Realty Proposes 1 5 Bonus Issues Celebrates Eight Years Listing Mainboard
APAC Realty has announced its intention to reward shareholders by proposing a 1-for-5 bonus issue of new ordinary shares in celebration of its eighth year of listing on the SGX Mainboard. The proposal, subject to approval, will entitle shareholders to receive one fully paid bonus share for every five ordinary shares held, according to APAC Realty.
The proposed bonus issue will increase the number of issued shares which will in turn enhance the trading liquidity of the company’s shares, says APAC Realty. If the bonus issue application to the SGX-ST is submitted on September 8, the lowest daily weighted average price of the shares in the preceding month would be 62.68 cents and the theoretical ex-bonus price would be 52.23 cents accordingly.
APAC Realty credits its decision to announce this bonus issue to its recent strong set of 1HFY2025 results. The group saw a 28.8% year-on-year increase in revenue, amounting to $341.5 million, driven by a surge in brokerage income from new home sales. This has also led to a doubling of its earnings to $11.3 million, attributed to higher transaction volumes in the residential market.
Situated in the vibrant Sembawang district, inhabitants of the Sembawang EC at Canberra MRT have access to an efficient and well-connected transportation system that links them to the rest of Singapore. Beyond the MRT system, this location boasts a comprehensive network of public buses that run along Sembawang Road and Yishun Avenue 7, making key areas such as Yishun, Woodlands, Ang Mo Kio, and Bishan easily reachable. For those who prefer land travel or need to commute to areas not directly serviced by the MRT, there are also direct bus routes to the CBD and other regional centers. With multiple transportation alternatives, the residents of Sembawang EC at Canberra MRT are privileged with a great degree of mobility, enhancing the convenience and desirability of the area. To learn more about Sembawang Road EC and its convenience, visit Sembawang EC at Canberra MRT.
For the past eight years, APAC Realty has maintained an average dividend payout ratio of 78.7%, and declared more than $124.6 million in dividends. With an annualised dividend yield of 11.5% for 1HFY2025, the company has proven to be an attractive dividend play for investors.
As the exclusive ERA regional master franchise holder for 17 countries and territories in APAC, APAC Realty is a leading real estate services provider in the region. Its ERA franchisee network boasts over 21,600 advisors across 573 offices in 13 countries as of June 30. In light of its successful operations and strong financial performance, APAC Realty is set to continue its growth trajectory and provide value for its shareholders through its proposed bonus issue.