May 31 (Reuters) - REA Group Ltd
- TO COMBINE MALAYSIA & THAILAND OPERATIONS WITH PROPERTYGURU
- ENTERED INTO A BINDING AGREEMENT TO COMBINE REA'S MALAYSIA AND THAILAND BUSINESSES WITH PROPERTYGURU
- REA WILL TAKE ONE SEAT ON BOARD
- UNDER DEAL, REA WILL TRANSFER OWNERSHIP OF ITS MALAYSIA & THAILAND ENTITIES TO PROPERTYGURU IN EXCHANGE FOR AN 18% STAKE IN PROPERTYGURU
- CO WILL RETAIN OWNERSHIP OF ITS HONG KONG AND MYFUN BUSINESSES
- COMPLETION OF TRANSACTION CONDITIONAL ON REA'S DIVESTMENT OF ITS 27% INTEREST IN 99 GROUP
- IN FY21 MALAYSIA AND THAILAND BUSINESSES ARE EXPECTED TO CONTRIBUTE APPROXIMATELY $15M TO REA GROUP REVENUE
- REA GROUP LTD SEES GAIN ON DIVESTMENT OF ABOUT A$10M
- IN FY21 MALAYSIA AND THAILAND BUSINESSES ARE EXPECTED TO REDUCE EBITDA BY APPROXIMATELY $11M
News: REA REA Group Says Will Combine Malaysia & Thailand Ops With PropertyGuru
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Last
$239.48 |
Change
3.710(1.57%) |
Mkt cap ! $31.63B | |||
| Open | High | Low | Value | Volume |
| $236.58 | $239.48 | $236.05 | $30.45M | 127.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 875 | $239.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $239.85 | 96 | 1 |
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| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| REA (ASX) Chart |