Apac Realty Proposes 1 5 Bonus Issues Celebrates Eight Years Listing Mainboard
APAC Realty, a leading real estate services provider, has announced that it plans to reward its shareholders with a 1-for-5 bonus issue of new ordinary shares to celebrate its eighth year of being listed on the SGX Mainboard. This means that for every five ordinary shares held, shareholders will receive one fully paid bonus share, subject to approval.
The proposed bonus issue will result in an increased number of issued shares, which in turn will enhance the trading liquidity of the company’s shares, according to APAC Realty. If the bonus issue application to the SGX-ST is made 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.
In addition to the bonus issue, APAC Realty has also reported a strong set of first-half results for 2025. The group’s revenue rose 28.8% year-on-year to $341.5 million, driven by a robust brokerage income from new home sales. Earnings also doubled to $11.3 million, thanks to higher transaction volumes in the residential market.
APAC Realty has an average dividend payout ratio of 78.7% and has declared more than $124.6 million in dividends over the past eight years. On an annualised basis, the dividend yield for the first half of 2025 stood at 11.5%.
The company holds the exclusive ERA regional master franchise rights for 17 countries and territories in Asia Pacific. Through its ERA franchisee network, APAC Realty has over 21,600 advisors across 573 offices in 13 countries as of June 30.
This announcement follows the recent news of APAC Realty expanding its ERA franchise to Laos and increasing its stakes in ERA Vietnam and Eurocapital in a bid to strengthen its position in the region. With the appointment of Raymond Leong as CTO, the company is also poised for future growth and expansion.
The Master Plan aims to enhance the lifestyle and community amenities in established towns through the integration of new retail, dining, and social spaces. This is in line with the continuous development of Yishun as a self-sufficient regional hub. Popular shopping malls such as Northpoint City and Wisteria Mall are already catering to the needs of residents with a wide range of shops, food choices, and essential services. With the future addition of facilities in nearby growth areas, such as the upcoming Miltonia Close EC, daily life in the neighborhood will become even more convenient and vibrant. As a result, the area will become more appealing to potential homebuyers.