Press Release

August 26, 2021

Homegrown Real Estate Agency Partners With One-stop Trading Platform - Tiger Brokers

 26 August 2021 – PropNex Realty, Singapore’s largest listed real estate agency, enters into an exclusive collaboration in providing a one-stop trading platform working with Tiger Brokers and SingCapital, as part of enhancing financial competencies of our salesforce and the community of PropNex Friends and clients. This collaboration was launched at the virtual PropNex Mid-year Convention 2021 with more than 3,000 attendees.

EMBRACING PROPERTY JOURNEY TOGETHER

CEO Mr Ismail Gafoor remarked “This collaboration allows a larger group of salespersons, staff PropNex clients and the retail investors to be part of the growth as the company enters into its fourth year of being listed in the mainboard Singapore Exchange. Our objective is to encourage greater financial literacy and prudence amongst our salespersons, partners and clients alongside SingCapital and Tiger Brokers. Our vision is to a become a more inclusive ecosystem in involving our stakeholders in the growth of our business and towards financial independence.”

With a seamless, easy-to-use interface, Tiger Brokers mobile app enables both novice and seasoned investors to customize their trading experience according to their investing needs by leveraging its proprietary infrastructure and advanced technology. As part of this collaboration, Tiger Brokers is offering PropNex’s Community a special promotion of up to $240 worth of PropNex stock vouchers, which will help kickstart new investors' journey by owning a piece of the largest real estate agency in Singapore.

In further enhancing the financial literacy of our community, a series of webinars will be organized together with Singcapital - Singapore's leading Financial Advisory Firms dedicated to providing quality financial services and solutions for individuals and corporations, working alongside with Tiger Brokers. “SingCapital is looking forward to have the opportunity to empower the community with the necessary investment knowledge to make the right investment planning that will work for them,” Mr Alfred Chia, CEO of Singcapital


Adding to Mr Ismail and Mr Chia's comments, Mr Eng Thiam Choon, CEO of Tiger Brokers echoed Tiger Brokers' desire to help improve the financial literacy of the target group through Tiger Brokers' all-in-one multi-asset mobile trading platform, Tiger Trade. “Tiger Trade is set up to help users with their investment management or simply to learn about investing.” In this collaboration, Tiger Brokers has a three-prong objective. To educate users that investment is not complex and does not have to be an expensive affair. It also hopes to inculcate proper financial planning through a tie-up with financial advisors, such as Singcapital and their expert financial advisors. Lastly, to introduce to users prominent Singapore Listed companies in the Singapore Stock Exchange as a proxy to the US or Hong Kong Markets which is also available on the Tiger Brokers' Platform.


Founded in 2014, Tiger Brokers is a leading global online broker. Tiger uses its next-generation technology to enable clients to trade a wide range of securities across multiple global markets, such as the US, Hong Kong, Australia, and Singapore. Users may also access different products such as equities, futures, exchange-traded options, and funds.

$500,000 IN SUPPORT OF THE COMMUNITY

Additionally, at the Mid-Year Convention, PropNex presented a mock cheque of $500,000 to Mr Chew Sutat, Vice Chairman of Community Chest and Ms Charmaine Leung, Managing Director of Community Chest, in the presence of Minister for Manpower & Second Minister for Trade and Industry, Dr Tan See Leng.


“PropNex has committed a $5m contribution by 2023 to empower children with special needs, and to date we have donated an accumulated amount of $4.05m. This year our annual pledging of $500,000 to this meaningful cause continues with the funds raised to support programmes at designated social service agencies such as Autism Resource Centre (Singapore), AWWA Ltd, Life Community Services Society, and SHINE Children and Youth Services,” said Mr Ismail Gafoor, CEO of PropNex Realty


“Sustainability is fundamental to achieving our long-term vision of success. We incorporate considerations for environmental, social and governance (ESG) factors into the way we grow our business, cultivate our people and serve our communities. We would thrive only if our people are motivated, committed and empowered to continuously improve themselves and contribute back to the society,” concluded Mr Ismail Gafoor.

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