The iProperty.com Group, Asia’s leading network of property portals and owner of Malaysia’s No.1 property website has announced the appointment of Shaun Di Gregorio as the company’s new CEO.
Kuala Lumpur, Malaysia, March 25, 2010 — Prior to joining iProperty.com, Shaun was the head of the Australian operations of the REA Group (2005-2008) and the General Manager of the REA Group’s international businesses (2008-2009). The REA Group is the operator of Australia’s biggest residential and commercial real estate websites, and own online real estate websites across the world. During his tenure there, he was responsible for the growth businesses across Asia Pacific, Middle East and Europe. Shaun holds a Masters of Business Administration from Australian Graduate School of Management and Bachelor of Business with a major in Marketing from Monash University.
“We are extremely excited Shaun is joining us. He is one of the most experienced Senior Managers in the global online real estate industry. During his 7 years at the REA Group (ASX: REA), revenues grew from A$6m to A$167m and the share price increased from A$0.15 to A$7.40. Shaun was an integral part of the leadership team that made it happen.” said Patrick Grove, Executive Chairman of IPGA Ltd.
“iProperty has established leading positions in Malaysia, Hong Kong and Singapore. We believe that these markets are poised to replicate the tremendous growth experienced in the more mature Australian and UK markets. Shaun’s experience in rapid growth markets will be invaluable in driving the long term success of iProperty” added Grove.
Shaun Di Gregorio commented, “I am very excited about joining IPGA. I believe the business has tremendous growth potential across its core Malaysian, Hong Kong and Singaporean markets. I look forward to working with the team and utilising my experience in rapid growth markets to help drive the long term growth of the IPGA business.”
Former CEO of IPGA Ltd, Mr Kensuke Tsurumaru, will remain with the Company in the position of Chief Operating Officer. “Kensuke’s contribution to IPGA has been extraordinary. He has been an excellent leader through the early stages of the Company’s development. We are extremely pleased that Kensuke will continue to be an integral part of the leadership team” said Grove.
About iProperty.com Malaysia
iProperty.com Malaysia is the country’s No.1 property and real estate website in all key metrics (as confirmed by: ComScore, Frost & Sullivan, Alexa.com and most recently, Google Ad Planner). Working with Malaysia’s top developers and more than 4,000 real estate agents, the website offers the largest online database of properties for sale and rent in the country. iProperty.com Malaysia also publishes a monthly magazine.
About IPGA Limited
Listed on the Australian Securities Exchange, IPGA Limited (ASX: IPP) owns Asia’s No. 1 network of property websites under the iProperty.com umbrella brand. The Company is focused on developing and operating Internet-based real estate portals with other complementary offerings in Asian markets. It currently operates consumer and business online property portals in the markets of Singapore, Malaysia, Hong Kong, India and the Philippines. With further expansion planned, IPGA is continuously working to capitalise on its market-leading positions and the rapidly growing online property advertising market throughout the region.
iProperty.com Network
Singapore: iProperty.com Singapore
Malaysia: iProperty.com Malaysia
Hong Kong: GoHome.com.hk and House18.com
India: iProperty.com India
Philippines: iProperty.com Philippines
Events: iProperty.com EXPO
Luxury: iLuxuryasia.com
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Contact:
iProperty.com Malaysia
iProperty.com Malaysia
Kuala Lumpur, Malaysia
60322970818
[email protected]
http://www.iproperty.com.my
