Exclusive: Singapore-based real estate portal PropertyGuru defers listing plans

Exclusive: Singapore-based real estate portal PropertyGuru defers listing plans

Steve Melhuish,CEO of PropretyGuru. Credit:DEALSTREETASIA

Singapore-based real estate portal PropertyGuru Group has deferred plans for an initial public offering (IPO), and will not list in 2016, chief executive and founder Steve Melhuish told DEALSTREETASIA.  The portal, a market leader in four markets across Southeast Asia, where it operates, had initially planned to go public this year.

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