Real Story Behind iProperty’s A$8 Million Purchase Of Thailand’s ThinkofLiving.Com

I confess to writing a misleading headline: iProperty Group, Australia-listed and Malaysia-based, did not pay $8 million or $6 million, in either Australian or US dollars, to purchase Thai real estate portal ThinkofLiving.com in February. As described by ThinkofLiving CEO Beam Toranavikrai earlier this week, the acquisition is complicated, involving an initial A$8 million cash-and-iProperty […]

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