Claimants drop S$731,212 lawsuit against property agency ERA
The Business Times
Claimants withdrew a S$731,212 lawsuit against ERA Realty, citing no material impact on the group.Summary
The lawsuit, filed by claimants against ERA Realty for alleged breach of duty of care and negligent misrepresentation, was withdrawn by the claimants on June 19, 2026. Apac Realty, the parent company of ERA, announced the discontinuation in a bourse filing, stating that the withdrawal would not materially affect the group’s financial position or performance for the year ending December 31, 2026. The claimants had originally sought S$731,212 in damages from ERA and other unnamed defendants, but the reasons for dropping the case were not disclosed. Shares of Apac Realty rose slightly following the announcement.
(Source：The Business Times)