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PropNex Ltd.SGX: OYY

Propnex Announces Cessation Of CEO

Jul 15, 2025 at 4:36 AM EDT · Issued by PropNex Ltd.

On 6ix: 6ix.com/news/propnex-announces-cessation-of-ceo

PropNex Ltd SGX:OYY:

  • CESSATION OF CHIEF EXECUTIVE OFFICER - MOHAMED ISMAIL S/O ABDUL GAFOORE

  • KELVIN FONG TO ASSUME CEO POSITION EFFECTIVE 15 JULY 2025

  • ISMAIL GAFOOR TO CONTINUE AS EXECUTIVE CHAIRMAN

PropNex Ltd. on 6ix

Earlier from PropNex

  • OYY: Record FY2024 dividend and strong 4Q sales position PropNex for robust growth in 2025Feb 25, 2025
  • OYY: Net profit reached $19.0 million in 1H2024, with private resale driving resilient performanceAug 13, 2024

Later from PropNex

  • OYY: Revenue and profit surged, with strong cash flow and a higher interim dividend declaredAug 12, 2025
  • Propnex Says Claimant Discontinued, Withdrawn Suit Dated 11 FebJan 2
  • OYY: FY2025 saw record revenue, profit, and dividends, with a positive outlook for 2026Feb 27
  • PropNex to Benefit From Singapore's Expanding Residential Market — Market TalkMay 11
  • Propnex's Unit Receives Third Party Notice Of ClaimJul 1
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