Topic of Interest: #DWG (11 Articles Found)

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Investors left in the lurch as investment platform CoAssets runs into trouble

MAS will review and take necessary action if CoAssets’ licensed subsidiary – now known as CA Funding – has breached regulations. MAS said that it is aware that police reports have been lodged against CoAssets. It also clarified…

S$5m value in PropNex prospectus for agents’ transfer causing a stir

A S$5 million value pegged to PropNex Realty’s business takeover agreement with Dennis Wee Realty (DWR) last year in the IPO prospectus lodged by PropNex has raised the eyebrows of many observers, who keenly recall the transaction was…

Man fined $71,500 for unregistered estate agency work

A 36-year-old man was fined $71,500 on Wed after pleading guilty to eight charges of posing as a property agent without being registered with CEA. If he can’t pay the fine, he will be jailed for 25 weeks.…

Dennis Wee Realty fined $66,000 over non-disclosure of risks in foreign property deals

In the largest financial penalty meted out to a local property agency over foreign property deals, Dennis Wee Realty (DWR) has been fined a total of $66,000 for failing to abide by rules related to such deals. CEA…

Nearly 800 DWG salespersons sign on with PropNex, propelling the real estate firm to #1 position

PropNex is on track to becoming Singapore’s largest real estate agency in terms of sales strength. Out of the 1,063 DWG salespersons registered with CEA as of July 7, 799 have signed an associate agreement with PropNex. Another…

Some 400 Dennis Wee agents have signed with PropNex

Home seekers can expect the ranks of agents at some new launches to swell now that 400 or so salesmen from the Dennis Wee Group have signed agreements with PropNex Realty. PropNex has the marketing rights to about…

PropNex-DWG merger: Property veterans seal deal using ‘no numbers approach’

It is a merger of two of Singapore’s most well-known property players, but no money has changed hands and equity terms have not even been thrashed out. While this “no numbers approach” is unusual, to say the least,…

PropNex merges with DWG to form largest local property agency

Homegrown real estate agency PropNex Realty announced this morning a merger with Dennis Wee Group (DWG), following an MOU signing over the weekend. The addition of DWG’s 1,071 property agents in a bulk transfer will grow PropNex’s team…

PropNex rumoured to be acquiring DWG

According to industry sources and unconfirmed reports, PropNex Realty might be acquiring parts of Dennis Wee Realty (DWG), a homegrown agency with more than 1,000 salespersons. Assuming the acquisition comes through, PropNex could potentially boost its current strength…

Former property agent jailed 5 weeks for using fake stamp certificate and unlawful GST collection

Former property agent Cheong Sai Chong has been convicted for using a counterfeit stamp certificate in a property rental transaction and for unlawfully collecting GST when he was not authorised to do so. He was sentenced to five…

BT CEO Conversation 2014: DWG’s ultimate goal is to serve clients better

Property purchase is one major big-ticket investment decision that DWG hopes to walk through with its clients. This is why the firm has placed much emphasis on educating and training its sales people to the highest standard in…

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