SC 13G/A - Bridgetown 2 Holdings Ltd (0001831236) (Subject)

SC 13G - Bridgetown 2 Holdings Ltd (0001831236) (Subject)

Appointment underscores REA's confidence in the Group; Mr. Wilson brings executive experience leading digital transformations in the real estate and finance industries PropertyGuru Group ("PropertyGuru" or "the Group"), Southeast Asia's leading property technology ("PropTech") company1, today announced that REA Group Ltd (ASX:REA) ("REA") Chief Executive Officer Owen Wilson has joined its Board as a Non-Independent Director. Mr. Wilson's appointment follows REA's acquisition of an 18% equity interest in PropertyGuru, which it received as part of the Group's acquisition of REA's Malaysia and Thailand entities that was completed on August 3, 2021. REA plans to further extend its strategic i

Brings Global Executive and Board Experience for Publicly listed Companies PropertyGuru Group ("PropertyGuru" or "the Group"), Southeast Asia's leading property technology ("PropTech") company1, today announced Rachna Bhasin has joined its Board as an Independent, Non-Executive Director. PropertyGuru's Board of Directors is now comprised of 50% Independent Directors demonstrating the Group's continued focus on governance. Ms. Bhasin, who has worked in the U.S., Hong Kong, Australia and New Zealand, has built her career leading global companies in the technology, music and consumer internet industries through successful digital transformations to stay ahead of emerging consumer trends. She

PropertyGuru Group ("PropertyGuru" or "the Group"), Southeast Asia's leading property technology ("PropTech") company1, today announced that it has successfully completed the acquisition of iProperty Malaysia and thinkofliving, following its initial announcement on 31 May 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210803006167/en/ PropertyGuru now owns all of the shares in REA Group Limited's (ASX:REA, "REA") entities in Malaysia and Thailand, which include iProperty.com.my and Brickz.my in Malaysia and thinkofliving.com and Prakard.com in Thailand. In exchange, REA now has an approximate 18%2 equity interest in Propert

SINGAPORE & HONG KONG--(BUSINESS WIRE)--PropertyGuru Pte. Ltd. (“PropertyGuru” or “the Company”), Southeast Asia’s leading property technology (“PropTech”) company1, and Bridgetown 2 Holdings Limited (NASDAQ: BTNB) (“Bridgetown 2”), a special purpose acquisition company formed by Pacific Century Group (“Pacific Century”) and Thiel Capital LLC (“Thiel Capital”), announced today that they have entered into a business combination agreement. Upon closing, the combined company is expected to begin trading on the New York Stock Exchange (“NYSE”). Founded in 2007, PropertyGuru has grown to become Southeast Asia’s #1 digital property marketplace with leading positions in Singapore, Vietn

PropertyGuru is Southeast Asia's #1 digital property marketplace with leading positions in Singapore, Vietnam, Malaysia and Thailand1 Transaction proceeds will be used to further accelerate organic growth and pursue M&A opportunities Transaction values PropertyGuru at an enterprise value of approximately US$1.35 billion and an equity value of approximately US$1.78 billion Transaction includes a fully committed US$100 million PIPE with participation from Baillie Gifford, Naya, REA Group, Akaris Global Partners, and one of Malaysia's largest asset managers; REA Group has also committed to an additional US$32 million investment PropertyGuru's shareholders, including KKR, TPG Capital

Proceeds of ~US$254 million will be used to further accelerate organic growth and pursue M&A opportunities to capture the growth momentum of a recovering Southeast Asia property market driven by long-term macro tailwinds of increasing affluence, digitalization and urbanization Transaction values PropertyGuru at an enterprise value of ~US$1.36 billion and an equity value of ~US$1.61 billion PropertyGuru will ring the NYSE's opening bell on March 18 and begin trading under the ticker "PGRU" PropertyGuru Pte. Ltd. ("PropertyGuru" or "the Company"), Southeast Asia's leading1 property technology ("PropTech") company, today completed its previously announced business combination with Bridg

Bridgetown 2 Holdings Limited ("Bridgetown 2" or the "Company") (NASDAQ:BTNB) today announced that Bridgetown 2 shareholders overwhelmingly approved the previously announced business combination ("Business Combination") with PropertyGuru Pte. Ltd. ("PropertyGuru"), Southeast Asia's leading property technology company, at an extraordinary meeting of shareholders today. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220315006358/en/ Shareholder redemptions were 59.3%. Complete official results of the vote and shareholder redemption will be included in a Current Report on Form 8-K to be filed by Bridgetown 2 with the Securities and

Assuming approval of Business Combination at Extraordinary General Meeting of Bridgetown 2, it is expected the Business Combination will close on or around March 17, 2022  Assuming the Business Combination is approved and the closing of the Business Combination occurs, Bridgetown 2 will voluntarily delist from Nasdaq on or around March 17, 2022 and PropertyGuru Group Limited is, subject to the approval of the NYSE, expected to begin trading on the NYSE on March 18, 2022   For assistance voting your shares, please contact Morrow Sodali LLC, Bridgetown 2's proxy solicitor, by emailing  [email protected] , calling +1 (800) 662-5200 (for individuals) or +1 (203) 658-9400 

Reaffirmed positive outlook for 2022 with projected revenue of S$145.1 million up 44% over 2021, and projected adjusted EBITDA margin of 8% Remains Southeast Asia's #1 digital property marketplace with leading positions in Singapore, Vietnam, Malaysia and Thailand1 Full year 2021 revenue increased by 22.7% year-on-year to S$100.7 million, reflecting ability to successfully navigate the pandemic On track to return to adjusted EBITDA positive position in 2022 Bridgetown 2 (SPAC) shareholder vote to approve business combination with PropertyGuru scheduled for March 15, 2022 PropertyGuru Group ("PropertyGuru" or "the Group"), Southeast Asia's leading1, property technology ("PropTech

Southeast Asia's #1 digital property marketplace with leading positions in Singapore, Vietnam, Malaysia and Thailand1 First half 2021 revenue increased by 17.9% to S$42.9 million compared to first half 2020, despite adverse COVID-19 impact on Southeast Asian markets Registration statement on Form F-4 filed with the U.S. Securities and Exchange Commission in connection with its previously announced business combination with Bridgetown 2 PropertyGuru Pte. Ltd. ("PropertyGuru" or "the Group"), Southeast Asia's leading property technology ("PropTech") company1, today announced the Group's financial results for the six months ended June 30, 2021. Despite its Priority Markets2 being advers

Appointment underscores REA's confidence in the Group; Mr. Wilson brings executive experience leading digital transformations in the real estate and finance industries PropertyGuru Group ("PropertyGuru" or "the Group"), Southeast Asia's leading property technology ("PropTech") company1, today announced that REA Group Ltd (ASX:REA) ("REA") Chief Executive Officer Owen Wilson has joined its Board as a Non-Independent Director. Mr. Wilson's appointment follows REA's acquisition of an 18% equity interest in PropertyGuru, which it received as part of the Group's acquisition of REA's Malaysia and Thailand entities that was completed on August 3, 2021. REA plans to further extend its strategic i

Brings Global Executive and Board Experience for Publicly listed Companies PropertyGuru Group ("PropertyGuru" or "the Group"), Southeast Asia's leading property technology ("PropTech") company1, today announced Rachna Bhasin has joined its Board as an Independent, Non-Executive Director. PropertyGuru's Board of Directors is now comprised of 50% Independent Directors demonstrating the Group's continued focus on governance. Ms. Bhasin, who has worked in the U.S., Hong Kong, Australia and New Zealand, has built her career leading global companies in the technology, music and consumer internet industries through successful digital transformations to stay ahead of emerging consumer trends. She

PropertyGuru Group ("PropertyGuru" or "the Group"), Southeast Asia's leading property technology ("PropTech") company1, today announced that it has successfully completed the acquisition of iProperty Malaysia and thinkofliving, following its initial announcement on 31 May 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210803006167/en/ PropertyGuru now owns all of the shares in REA Group Limited's (ASX:REA, "REA") entities in Malaysia and Thailand, which include iProperty.com.my and Brickz.my in Malaysia and thinkofliving.com and Prakard.com in Thailand. In exchange, REA now has an approximate 18%2 equity interest in Propert

SINGAPORE & HONG KONG--(BUSINESS WIRE)--PropertyGuru Pte. Ltd. (“PropertyGuru” or “the Company”), Southeast Asia’s leading property technology (“PropTech”) company1, and Bridgetown 2 Holdings Limited (NASDAQ: BTNB) (“Bridgetown 2”), a special purpose acquisition company formed by Pacific Century Group (“Pacific Century”) and Thiel Capital LLC (“Thiel Capital”), announced today that they have entered into a business combination agreement. Upon closing, the combined company is expected to begin trading on the New York Stock Exchange (“NYSE”). Founded in 2007, PropertyGuru has grown to become Southeast Asia’s #1 digital property marketplace with leading positions in Singapore, Vietn

PropertyGuru is Southeast Asia's #1 digital property marketplace with leading positions in Singapore, Vietnam, Malaysia and Thailand1 Transaction proceeds will be used to further accelerate organic growth and pursue M&A opportunities Transaction values PropertyGuru at an enterprise value of approximately US$1.35 billion and an equity value of approximately US$1.78 billion Transaction includes a fully committed US$100 million PIPE with participation from Baillie Gifford, Naya, REA Group, Akaris Global Partners, and one of Malaysia's largest asset managers; REA Group has also committed to an additional US$32 million investment PropertyGuru's shareholders, including KKR, TPG Capital

  During Friday's session, 198 companies made new 52-week lows. Key Facts About Today's 52-Week Highs And Lows: Alibaba Group Holding (NYSE:BABA) is the largest company in terms of market cap to set a new 52-week low this morning. The smallest company by market cap to set a new 52-week low was Happiness Development Gro (NASDAQ:HAPP). Orphazyme (NASDAQ:ORPH) saw the most significant move of the companies, as shares traded down 38.88% to reach its new 52-week low. NI Holdings (NASDAQ:NODK) shares were the most resilient of the group, as shares actually moved up 0.0% in response to hitting its 52-week low. On Friday, the following stocks set new 52-week lows: Alibaba Group Holding

  During Thursday, 166 stocks hit new 52-week lows. 52-Week Low Highlights: Alibaba Group Holding (NYSE:BABA) was the largest firm on a market cap basis to set a new 52-week low. The smallest company by market cap to hit a new 52-week low was Bellerophon Therapeutics (NASDAQ:BLPH). Trean Insurance Group (NASDAQ:TIG)'s stock came under the most pressure, trading down 51.85% to reach a new 52-week low. Thoughtworks Holding (NASDAQ:TWKS) was the biggest winner of the bunch, with shares actually trading up 0.0% after it rebounded from its new 52-week low. The following stocks created new 52-week lows on Thursday: Alibaba Group Holding (NYSE:BABA) shares moved down 7.3% on Thursday t

  Upgrades Roth Capital upgraded the previous rating for Denbury Inc (NYSE:DEN) from Neutral to Buy. For the third quarter, Denbury had an EPS of $0.74, compared to year-ago quarter EPS of $0.05. The stock has a 52-week-high of $91.30 and a 52-week-low of $37.00. At the end of the last trading period, Denbury closed at $66.56. For Pilgrims Pride Corp (NASDAQ:PPC), Stephens & Co. upgraded the previous rating of Equal-Weight to Overweight. In the fourth quarter, Pilgrims Pride showed an EPS of $0.56, compared to $0.25 from the year-ago quarter. The current stock performance of Pilgrims Pride shows a 52-week-high of $29.70 and a 52-week-low of $20.32. Moreover, at the end of the last tradi

Benchmark analyst Fawne Jiang initiates coverage on Bridgetown 2 Holdings (NASDAQ:BTNB) with a Buy rating and announces Price Target of $17.