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
$235.77 |
Change
-2.090(0.88%) |
Mkt cap ! $31.14B | |||
| Open | High | Low | Value | Volume |
| $237.83 | $238.18 | $234.50 | $26.96M | 114.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 97 | $234.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $235.78 | 97 | 2 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| REA (ASX) Chart |