PropertyGuru lists on the NYSE

JAKARTA (IndoTelko) -- PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or “the Company”), Southeast Asia’s leading1, property technology (“PropTech”) company, commenced trading today on the NYSE under the ticker “PGRU”. To mark its public debut, PropertyGuru held concurrent events in New York and Singapore to celebrate the milestone with the Company’s ‘gurus’ and partners from its Southeast Asian markets. 

“Our successful listing on the NYSE will allow us to open more doors for the millions of residents across Southeast Asia looking for that perfect home or property investment,” said Hari V. Krishnan, Chief Executive Officer and Managing Director, PropertyGuru Group. 

“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 added.

They said, US$254 million raised in public listing via completion of business combination with Bridgetown 2 with greater access to global financial markets to help support continued growth.

PropertyGuru began trading on the NYSE under the ticker “PGRU”

Dual celebrations in New York and Singapore was held to mark the milestone, as the Company opens the door to increased opportunities across Southeast Asia’s fast-growing property market, including Indonesia. (sar)