SOUTHEAST Asia’s property technology PropertyGuru Group Ltd has commenced trading on the New York Stock Exchange (NYSE) under the ticker “PGRU” yesterday.
CEO and managing director Hari V Krishnan said the successful listing on the NYSE would allow them to open more doors for the millions of residents across Southeast Asia looking for that perfect home or property investment.
“We have a tremendous opportunity ahead of us as more affluent and digitally-enabled populations enter the real estate market.
“As a public company, we will also enable global investors to access this high-growth market,” he said, in a statement.
PropertyGuru received US$254 mil in gross proceeds raised in public listing via completion of a business combination with Bridgetown 2 Holdings Ltd with greater access to global financial markets to help support continued growth. – March 19, 2022
