Leading international property portal Juwai.com is planning to raise A$15 million before its planned IPO, reports The Australian (13 June 2016). The raised fund will enable the company to fund an expansion in personnel, platform and products, marketing activities and other expenses before an IPO on the Australian Securities Exchange. “We see the new ASX rules for listings as very positive for the market as a whole and think they can only benefit our own listing plans,” said Juwai’s chief executive Charles Pittar.
