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Despite facing mounting pressure from within their own…

Despite facing mounting pressure from within their own…

Significant control over PropNex by private companies implies that the general public has more power to influence management and governance-related decisions
56% of the company is held by a single shareholder (P&N Holdings Pte. Ltd.)
23% of PropNex is held by insiders
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To get a sense of who is truly in control of PropNex Limited (SGX:OYY), it is important to understand the ownership structure of the business. We can see that private companies own the lion’s share in the company with 56% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
Following a 5.7% decrease in the stock price last week, private companies suffered the most losses, but insiders who own 23% stock also took a hit.
Let’s delve deeper into each type of owner of PropNex, beginning with the chart below.
View our latest analysis for PropNex
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
Institutions have a very small stake in PropNex. That indicates that the company is on the radar of some funds, but it isn’t particularly popular with professional investors at the moment. If the company is growing earnings, that may indicate that it is just beginning to catch the attention of these deep-pocketed investors. It is not uncommon to see a big share price rise if multiple institutional investors are trying to buy into a stock at the same time. So check out the historic earnings trajectory, below, but keep in mind it’s the future that counts most.
PropNex is not owned by hedge funds. Our data shows that P&N Holdings Pte. Ltd. is the largest shareholder with 56% of shares outstanding. This implies that they have majority interest control of the future of the company. In comparison, the second and third largest shareholders hold about 10% and 8.6% of the stock. Two of the top three shareholders happen to be Chief Executive Officer and Chairman of the Board, respectively. That is, insiders feature higher up in the heirarchy of the company’s top shareholders.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock’s expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Football
Sitting atop the Mountain West standings with two regular-season games to play, San Diego State plays host to San José State on Saturday night. The game is set for a 7:30 p.m. PT kick, airing on FS1 and San Diego Sports…

The addition of temozolomide (Temodar) to radiotherapy improved overall survival (OS) and progression-free survival (PFS) vs radiotherapy alone in patients with IDH-mutant, symptomatic or progressive low-grade glioma (LGG) without codeletions of 1q and 19q, as well as patients with codeletions, according to findings from a molecular analysis of the phase 3 ECOG-ACRIN E3F05 trial (NCT00978458), which were presented at the
A statistically significant OS benefit with the addition of temozolomide to radiotherapy vs radiotherapy alone was seen among patients with IDH-mutated disease without codeletions (n = 38; HR, 0.15; 95% CI, 0.03-0.74; stratified log-rank P = .02). An OS benefit was also seen among patients with codeletions (n = 74; HR, 0.51; 95% CI, 0.19-1.42). Numerical PFS benefits were also seen among patients without codeletions (HR, 0.50; 95% CI, 0.16-1.54) and those with codeletions (HR, 0.57; 95% CI, 0.24-1.35).
“These numbers were too small to allow us to declare statistical significance,” lead study author David Schiff, MD, said of the findings in the population of patients with codeletions during the presentation.
Schiff is the Harrison Distinguished Professor of Neurology, Neurological Surgery and Medicine in the Department of Neurology, Division of Neurology at the University of Virginia (UVA), as well as the codirector of the UVA Neuro-Oncology Center in Charlottesville.
E3F05 enrolled patients at least 18 years of age with grade II glioma who had receive no prior radiotherapy or chemotherapy. Patients also needed to be younger than 40 years of age or have radiographic progression or have uncontrolled symptoms/seizures. Following surgery, patients were randomly assigned to receive radiotherapy at 50.4 Gy alone or with concomitant temozolomide followed by 12 cycles of temozolomide on days 1-5 of each 28-day cycle. After study treatment, patients underwent follow-up.
Patients were stratified by age, deletion 1q/19q status, Karnofsky performance score, tumor diameter, and contrast enhancement.
How has the E3F05 trial evolved as glioma classification systems have changed over time?
The E3F05 trial was activated in September 2009, which Schiff noted was prior to the advent of IDH testing in glioma. In January 2014, updated findings from the phase 2 RTOG 9802 trial (NCT00003375) of radiation with or without procarbazine/lomustine/vincristine chemotherapy in patients with LGG showed a benefit with the addition of chemotherapy, making the control arm of E3F05 unethical. At that point, accrual to E3F05 was stopped with 172 of the planned 540 patients enrolled.
“These non-codeleted tumors were agnostic as to their IDH [mutation] status and were 2 World Health Organization classification systems past what we started with when the study was conceived,” Schiff explained. “To try to ascertain IDH mutational status to characterize…patients according to contemporary neuropathology, we reached an agreement with the National Cancer Institute…database group to perform methylation profiling on our patients.”
Among the 172 enrolled patients, 74 had codeletions. Additionally, 97 patients had adequate samples for methylation profiling, 52 of whom did not have codeletions. Among those 52 patients, Heidelberg v12 classification was used to determine that 13 had IDH wild-type disease (diffuse high-grade subtype F, n = 3; glioblastoma, n = 2; ganglioglioma, n = 2), and 38 had IDH-mutant diffuse glioma (IDH-mutant low-grade astrocytoma, n = 36; IDH-mutant high-grade astrocytoma, n = 2).
Efficacy findings that were
Among the patients with IDH-mutated, non-codeleted disease, the 5-year PFS rate was 76% in the temozolomide arm vs 53% in the radiotherapy alone arm.1 The 10-year PFS rate with temozolomide was 59%. At 5 years, the OS rates were 94% with temozolomide plus radiotherapy and 71% with radiotherapy alone. These respective rates at 10 years were 80% and 39%.
“The benefit of adding temozolomide in the IDH-mutant astrocytomas is particularly evident when you look at 10-year OS with radiation alone,” Schiff added.
Among the patients with codeletions, the 5-year PFS rate was 79% in the temozolomide arm vs 64% in the radiotherapy alone arm. The 10-year PFS rates in these respective arms were 47% and 69%. At 5 years, the OS rates were 97% with temozolomide plus radiotherapy and 92% with radiotherapy alone. These respective rates at 10 years were 90% and 68%.
“In summary, we’ve shown a statistically significant OS benefit with the addition of temozolomide to radiation in grade 2 IDH-mutant astrocytomas, and we still see a trend toward [an] OS benefit in the oligodendrogliomas as well,” Schiff concluded. “We [also] see suggestive HRs for PFS in both the astrocytomas and oligodendrogliomas.”

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