SINGAPORE (Oct 28): On Oct 23, Reuters reported that local online portal PropertyGuru was cancelling its IPO on the Australian Securities Exchange. On Oct 7, dealstreetasia reported that PropertyGuru had lodged a prospectus and was looking to raise at least A$345 million ($322 million) by selling at least 84.5 million shares, of which 40.6 million would have been new shares, and the rest vendor shares. According to PropertyGuru’s prospectus, the IPO price would have been announced on Oct 24.

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