Parent group Batdongsan.com.vn is officially listed on the New York Stock Exchange, opening price is 8.61 USD/share.
Through this official listing, PropertyGuru Group as well as Batdongsan.com.vn open wide doors to the real estate market and real estate technology in Southeast Asia, where the growth rate is high in the world. world for home seekers and investors around the globe.
“Our successful listing on the NYSE will allow us to open more doors to the millions of residents across Southeast Asia looking for their ideal home or real estate investments.“, said Hari V. Krishnan – CEO and Managing Director of PropertyGuru.
Hari V. Krishnan – CEO and Managing Director of PropertyGuru – at the Business Bell Ringing Ceremony.
“We have a huge opportunity ahead of us as more and more wealthy and digitally skilled people enter the real estate market. As a public company, we will also support developers. global investment access to this high-growth market”.
PropertyGuru launched in 2007 in Singapore, is a Southeast Asian real estate technology (PropTech) company that has served more than 52 million people looking for their dream home every month. PropertyGuru and its group companies own more than 3.3 million real estate portfolios, in-depth analytics and decision support solutions in Singapore, Malaysia, and Thailand markets. Lan, Indonesia and Vietnam.
In Vietnam, PropertyGuru made a strategic investment in Batdongsan.com.vn in October 2016 and announced the completion of the merger two years later.
PGRU had an opening price of March 18 at $8.61/share, closing at $8.46/share. According to an announcement in mid-2021, PropertyGuru is valued at approximately $1.35 billion and equity value of approximately $1.78 billion.
By Business and Marketing
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
