<div id="readability-page-1"><div><p>[SINGAPORE] The lawsuit against PropNex subsidiary PropNex Realty and two co-defendents for alleged misconduct has been dropped, the real estate services group said in a bourse filing on Friday (Jan 2).</p><p>On Feb 11 last year, PropNex said a claimant had filed a suit in the High Court of Singapore, seeking to claim damages against PropNex Realty for liability arising from the alleged misconduct of one of its salespersons and his purported advice. </p><p>It said then that it intended to defend it the suit and has filed the notice of intention to contest with the court.</p><p>In its latest update, PropNex said that the claimaint has “discontinued and withdrawn” the lawsuit, without providing more details on the case.</p><p>There is no material impact on its financial position and performance of the group for its financial year ended Dec 31, 2025, it added.</p><p>Last October, a S$849,287 lawsuit against PropNex Realty over a 99-to-1 deal was also dropped.</p><p>The counter closed at S$1.90, up S$0.02 or 1.1 per cent, on Friday, before the announcement.</p></div></div>

<p>PropNex 宣佈，針對其子公司 PropNex Realty 的涉嫌不當行為的訴訟已被撤回。該訴訟最初於 2022 年 2 月提起，尋求與一名銷售人員的行為相關的賠償。PropNex 表示，原告已停止該案件，並且對截至 2025 年 12 月 31 日的公司財務狀況沒有實質性影響。該公司股票在公告前收於 1.90 新元，反映出上漲了 1.1%</p>

PropNex 表示，針對其子公司因銷售人員涉嫌不當行為的訴訟已被撤回