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 Jan 2.

On Feb 11, 2025, 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.