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PropertyGuru Group Limited Cancels Earnings Release Conference Call

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PropertyGuru Group (NYSE: PGRU), Southeast Asia's leading property technology company, has canceled its second quarter financial results conference call originally scheduled for September 4, 2024. This decision follows the August 16, 2024 announcement of a definitive agreement for the company to be acquired by EQT Private Capital Asia. The acquisition is subject to shareholder approval and other customary closing conditions.

Despite the cancellation of the conference call, PropertyGuru still plans to release its second quarter earnings press release on September 4, 2024, which will be available on the company's website at www.PropertyGuruGroup.com.

PropertyGuru Group (NYSE: PGRU), la principale azienda di tecnologia immobiliare del Sud-est asiatico, ha annullato la conferenza telefonica sui risultati finanziari del secondo trimestre originariamente prevista per il 4 settembre 2024. Questa decisione segue l'annuncio del 16 agosto 2024 di un accordo definitivo per l'acquisizione da parte di EQT Private Capital Asia. L'acquisizione è soggetta all'approvazione degli azionisti e ad altre condizioni di chiusura abituali.

Nonostante l'annullamento della conferenza telefonica, PropertyGuru prevede comunque di pubblicare il comunicato stampa sugli utili del secondo trimestre il 4 settembre 2024, il quale sarà disponibile sul sito web dell'azienda all'indirizzo www.PropertyGuruGroup.com.

PropertyGuru Group (NYSE: PGRU), la principal empresa de tecnología inmobiliaria del sudeste asiático, ha cancelado la conferencia telefónica sobre los resultados financieros del segundo trimestre originalmente programada para el 4 de septiembre de 2024. Esta decisión sigue al anuncio del 16 de agosto de 2024 de un acuerdo definitivo para que la empresa sea adquirida por EQT Private Capital Asia. La adquisición está sujeta a la aprobación de los accionistas y otras condiciones habituales de cierre.

A pesar de la cancelación de la conferencia telefónica, PropertyGuru todavía planea publicar su comunicado de prensa sobre los ingresos del segundo trimestre el 4 de septiembre de 2024, que estará disponible en el sitio web de la empresa en www.PropertyGuruGroup.com.

PropertyGuru Group (NYSE: PGRU), 동남아시아의 주요 부동산 기술 회사는 2024년 9월 4일로 예정된 두 번째 분기 재무 결과 발표 전화를 취소했습니다. 이 결정은 2024년 8월 16일 발표된 EQT Private Capital Asia에 의해 인수되기 위한 확정 합의 후의 것입니다. 인수는 주주 승인 및 기타 관례적인 종료 조건에 따릅니다.

전화 회의가 취소되었음에도 불구하고 PropertyGuru는 여전히 2024년 9월 4일에 두 번째 분기 수익 보도자료를 발표할 계획입니다, 이 자료는 회사 웹사이트(www.PropertyGuruGroup.com)에서 확인할 수 있습니다.

PropertyGuru Group (NYSE: PGRU), le principal spécialiste de la technologie immobilière en Asie du Sud-Est, a annulé sa conférence téléphonique sur les résultats financiers du deuxième trimestre initialement prévue pour le 4 septembre 2024. Cette décision fait suite à l'annonce du 16 août 2024 d'un accord définitif pour que l'entreprise soit acquise par EQT Private Capital Asia. L'acquisition est soumise à l'approbation des actionnaires et à d'autres conditions de clôture habituelles.

Malgré l'annulation de la conférence téléphonique, PropertyGuru prévoit toujours de publier son communiqué de presse sur les bénéfices du deuxième trimestre le 4 septembre 2024, qui sera disponible sur le site web de l'entreprise à l'adresse www.PropertyGuruGroup.com.

Die PropertyGuru Group (NYSE: PGRU), führendes Unternehmen für Immobilien-Technologie in Südostasien, hat die Telefonkonferenz zu den finanziellen Ergebnissen des zweiten Quartals abgesagt, die ursprünglich für den 4. September 2024 geplant war. Diese Entscheidung folgt auf die Bekanntgabe vom 16. August 2024, dass ein endgültiger Vertrag zur Übernahme durch EQT Private Capital Asia unterzeichnet wurde. Die Übernahme steht unter dem Vorbehalt der Zustimmung der Aktionäre und anderer üblicher Abschlussbedingungen.

Trotz der Absage der Telefonkonferenz plant PropertyGuru weiterhin, am 4. September 2024 die Pressemitteilung zu den Ergebnissen des zweiten Quartals zu veröffentlichen, die auf der Unternehmenswebsite www.PropertyGuruGroup.com verfügbar sein wird.

Positive
  • Potential acquisition by EQT Private Capital Asia, indicating interest in the company's value
  • Continued commitment to transparency by releasing Q2 earnings report as scheduled
Negative
  • Cancellation of Q2 financial results conference call, potentially limiting investor engagement
  • Pending acquisition may create uncertainty for current shareholders

NEW YORK--(BUSINESS WIRE)-- PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or “the Company”), Southeast Asia’s leading 1 property technology company, today announced that it will no longer hold its second quarter financial results conference call originally scheduled for Wednesday, September 4, 2024 at 7:30am Eastern Standard Time (EST) / 7:30pm Singapore Standard Time (SGT) due to the announcement on August 16, 2024 that the Company has entered into a definitive agreement to be acquired by EQT Private Capital Asia. The transaction is subject to shareholder approval and other customary closing conditions. The Company still intends to issue its second quarter earnings press release on September 4, 2024, on its website at www.PropertyGuruGroup.com.

About PropertyGuru Group
PropertyGuru is Southeast Asia’s leading 1 PropTech company, and the preferred destination for over 28 million property seekers 2 to connect with over 46,000 agents monthly 3 to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings 4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 17 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance ; home services platform, Sendhelper ; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense , ValueNet , Awards , events and publications across Asia.

For more information, please visit: PropertyGuruGroup.com ; PropertyGuru Group on LinkedIn .

1 Based on SimilarWeb data between October 2023 and March 2024.

2 Based on Google Analytics data between October 2023 and March 2024.

3 Based on data between January 2024 and March 2024.

4 Based on data between October 2023 and March 2024

Source: PropertyGuru Group Limited

Media

PropertyGuru Group

Sheena Chopra

+65 9247 5651

sheena@propertyguru.com.sg

Investor

PropertyGuru Group

Nat Otis

+1 860 906 7860

natotis@propertyguru.com

Source: PropertyGuru Group Limited

FAQ

Why did PropertyGuru Group (PGRU) cancel its Q2 2024 earnings conference call?

PropertyGuru Group canceled its Q2 2024 earnings call due to the announcement on August 16, 2024, that the company has entered into a definitive agreement to be acquired by EQT Private Capital Asia.

Will PropertyGuru (PGRU) still release its Q2 2024 financial results?

Yes, PropertyGuru still intends to issue its second quarter earnings press release on September 4, 2024, which will be available on the company's website at www.PropertyGuruGroup.com.

What are the conditions for the acquisition of PropertyGuru (PGRU) by EQT Private Capital Asia?

The acquisition of PropertyGuru by EQT Private Capital Asia is subject to shareholder approval and other customary closing conditions.

When was the acquisition of PropertyGuru (PGRU) by EQT Private Capital Asia announced?

The acquisition of PropertyGuru by EQT Private Capital Asia was announced on August 16, 2024.

PropertyGuru Group Limited

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