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PropertyGuru lodges IPO prospectus to raise up to A$380m on ASX

Fiona Lam

Fiona Lam

Published Mon, Oct 7, 2019 · 09:50 PM

Singapore

SOUTH-EAST Asian real estate portal PropertyGuru, which counts buyout firms TPG Capital and KKR among its backers, is seeking to list on the Australian Securities Exchange (ASX).

In a prospectus lodged on Monday, the Singapore-based property technology (proptech) firm gave an indicative price range of A$3.70 to A$4.50 per share for the initial public offering (IPO).

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