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.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  Corporates,  managing,  economy,  markets,  entrepreneurs

Tags:  publicly-listed company,  privatisation,  private capital markets,  Public Markets,