Emtek could potentially exit online real estate platform PropertyGuru, which is reportedly preparing an initial public offering in Australia.

PropertyGuru, a Singapore-based online real estate portal backed by media conglomerate Emtek, is gearing up for an initial public offering in Australia that could raise as much as A$400m ($274m), Reuters reported today. The company will begin meeting investors in Australia within the coming weeks before launching a roadshow aimed at US and Asia-based investors,…

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