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Announced

Juwai IQI to merge with The RINA Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Malaysia

Real Estate Services

Merger

Private

real estate agent

Single Bidder

Acquisition

Friendly

Majority

Synopsis

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Juwai IQI, a privately held real estate sales and media company, agreed to merge with The RINA Group, one of Malaysia’s largest real estate agency groups. Financial terms were not disclosed. "This is an exciting opportunity to unite two world-class teams and become a bigger regional powerhouse. We are excited by the opportunities this move creates and more than delighted to have the RINA Group and its associates join us," Kashif Ansari, Juwai IQI Executive Director.

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