REA Group LtdASX: REA

REA to combine Malaysia & Thailand ops with PropertyGuru

· Issued by REA Group Ltd

Filed with ASX · · 2 pages · English

Under the proposed transaction, REA will transfer ownership of its Malaysia and Thailand entities (which operate iProperty.com.my and Brickz.my in Malaysia and thinkofliving.com 1 and Prakard.com in Thailand) to PropertyGuru in exchange for an 18% equity interest in PropertyGuru. REA will take one seat on the Board. PropertyGuru is a leading digital proptech company operating marketplaces in Singa

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