PropertyGuru's $1.1B Privatisation: Wake-Up Call for SEA Tech on US Listings?

Enterprise Explores

Innhold levert av BFM Media. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av BFM Media eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

23d ago 46:36

MP3•Episoder hjem

PropertyGuru's recent decision to go private, just over two years after its public debut on the New York Stock Exchange, raises crucial questions for Southeast Asian tech companies. With a $1.1 billion valuation in its proposed privatisation deal—down approximately 30% from its initial equity value of US$1.6 billion at IPO—this move underscores the challenges regional tech firms face in the competitive and volatile US market.

In this episode of Enterprise Explores, we delve into PropertyGuru's proposed privatisation and consider whether other Southeast Asian tech companies should reassess their US listing ambitions.

Joined by Ng Zhu Hann, CEO & Founder of Tradeview Capital, we explore the what, why, and how of privatisations, focusing on why a company like PropertyGuru might choose to go private after a public listing, the difficulties of being a publicly listed company (especially on a US exchange) and whether more Southeast Asian tech firms might (or should) follow a similar path.

Tune in to discover whether it’s time for SEA tech companies to rethink US listings.

See omnystudio.com/listener for privacy information.

155 episoder

#On Covid19