FDV Increase Stake History
· December 2021 acquire 100% ownership in Encuentra24
https://announcements.asx.com.au/asxpdf/20211217/pdf/4548tkpv1g9r90.pdf
· July 2021 increase shareholding in Hoppler.com.ph from 42.0% to 51.1% moving to majority ownership for fixed cash consideration of US$250K. https://announcements.asx.com.au/asxpdf/20210715/pdf/44ybm8578g5nmc.pdf
· June 2021 move to 100% ownership of InfoCasas cash consideration of US$6.2m. https://announcements.asx.com.au/asxpdf/20210609/pdf/44x79938wgj6wl.pdf
· February 2021 acquires 100% of Yapo for total cash consideration of US$19.5m (~A$24.7). https://announcements.asx.com.au/asxpdf/20210225/pdf/44t1wvmhzb8mg0.pdf
· January 2021 acquires 100% interest in Moteur.am for consideration of US$1.2m https://announcements.asx.com.au/asxpdf/20210121/pdf/44rwyx0nrw3d77.pdf
· November 2020 Hoppler acquires direct competitor ZipMatch.com https://announcements.asx.com.au/asxpdf/20201123/pdf/44q48pk8p122nr.pdf
· October 2020 acquire 100% of Fincaraiz, Avito and Tayara from Adevinta for total cash consideration of approximately ~A$56m. https://announcements.asx.com.au/asxpdf/20201008/pdf/44ngq0fltm45b9.pdf
· February 2020 increases shareholding in iMyanmarhouse and LankaPropertyWeb. iMyanmarhouse from 42.6% to 52.6% for consideration of US$930,000, 50:50 between cash and new shares in FDV with the cash component equal to US$465,000. LankaPropertyWeb from 47.8% to 53% through the conversion of a US$250K loan facility. https://announcements.asx.com.au/asxpdf/20200224/pdf/44fd3p2yxfxgd1.pdf
· December 2019 FDV increase its shareholding in Autodeal from 36.8% to 55.8% for consideration of A$3.2m to be settled via the issue of new shares in FDV at an issue price of $0.85. https://announcements.asx.com.au/asxpdf/20191218/pdf/44cpdhprq7t16v.pdf
· December 2019 increase its ownership of Infocasas from 31.9% to 51.0% for cash consideration of A$5.2m. https://announcements.asx.com.au/asxpdf/20191213/pdf/44ck7p6gl01sv7.pdf
· December 2018 LankaPropertyWeb acquisition of Lamudi.lk for total consideration of $US$125,000. FDV at time holds 48% equity interest in LankaPropertyWeb. https://announcements.asx.com.au/asxpdf/20181219/pdf/441c0ys3b7d5k8.pdf
· November 2018 increase stake in Hopper from 20.59% to 37.21% for cash consideration of US$0.9m https://announcements.asx.com.au/asxpdf/20181120/pdf/440fr2jb0dp9bp.pdf
· May 2018 increases stake in Autodeal.com.ph from 33.33% to 36.84% for. Cash consideration of A$0.5m https://announcements.asx.com.au/asxpdf/20180518/pdf/43v3ykfhyggf68.pdf
· March 2018 increase stake in Moteur.ma from 48.67% to 56.62% for US$0.3m https://announcements.asx.com.au/asxpdf/20180321/pdf/43sm86yszqb4wb.pdf
· November 2017 participates in funding round for Zameen maintains its 30% equity interest by providing US$1.5m https://announcements.asx.com.au/asxpdf/20171129/pdf/43ppr7y1mc3gmz.pdf
· November 2017 increase stake in Propzy.vn to 28.6% for US$0.4m https://announcements.asx.com.au/asxpdf/20171122/pdf/43pgl268bzwknx.pdf
· November 2017 Acquisition of 3 online property classifieds portals from Jumia. 3 acquired portals are all existing competitors to meQasa, ToLet and AngoCasa. As consideration for the deal Frontier will sell Afribaba and pay US$500k to Jumia. https://announcements.asx.com.au/asxpdf/20171103/pdf/43ny0xgfsp2gtk.pdf
· October 2017 investment into Hoppler for US$0.7m cash investment for an initial 20.59% https://announcements.asx.com.au/asxpdf/20171006/pdf/43n0lqcylg74py.pdf
· September 2017 investment in Infocasas for US$952K in cash. https://announcements.asx.com.au/asxpdf/20170907/pdf/43m4byv7mt9l2y.pdf
· June 2017 increases ownership in Encuentra24.com from 38.7% to 42.1% for price US$1,051,095. https://announcements.asx.com.au/asxpdf/20170623/pdf/43k4bf0khqxgvc.pdf
· June 2017 investments into Autodeal A$3.1m using blend of cash (A$1.5m) and Frontier equity (A$1.6m at A$0.55 issue price) for an initial 33.33% stake. Investment in Propzy US$1.2m cash (A$1.6m) for 28.6% stake. https://announcements.asx.com.au/asxpdf/20170605/pdf/43jqndkr97btgn.pdf
· March 2017 increase stake in LankaPropertyWeb from 37% to 48% for price US$200,000.https://announcements.asx.com.au/asxpdf/20170324/pdf/43h0xjwns89nw1.pdf
· December 2016 increase stake in Encuentra24.com from 34.9% to 38.7% for payment of US$933,333. https://announcements.asx.com.au/asxpdf/20161216/pdf/43drxfwp3pp50q.pdf
· October 2016 participates in Zameen Ltd capital raise US$2.1m maintaining its current 30% equity shareholding https://announcements.asx.com.au/asxpdf/20161021/pdf/43c5zkxyhwh26x.pdf
· September 2016 increase stake in Moteur.ma $330,000 USD from 32% to 49%https://announcements.asx.com.au/asxpdf/20160930/pdf/43blvtxznk0bgp.pdf
· September 2016 increase stake in
iMyanmar Pte Ltd 42.63% $300,000 USD
Meqasa Holdings Pte LTd 66.20% $300,000 USD
PakWheels Pte Ltd 36.84% $250,000 USD
https://announcements.asx.com.au/asxpdf/20160908/pdf/43b12jjqx6wm00.pdf
Exist Stake
· February 2020 completed sale of its full 20% shareholding in Propzy for cash consideration of US$.47m (A$7.0m). Sale price represents a ~300% return to FDV’s shareholders on its US$1.2m investment in ~2.5 years. https://announcements.asx.com.au/asxpdf/20200206/pdf/44dvzmwsjb9ctk.pdf
· December 2017 withdraws financial support from carWangu and casaMozambique https://announcements.asx.com.au/asxpdf/20171220/pdf/43q9yt8148j94n.pdf
· September 2017 Exits IMCongo investment. https://announcements.asx.com.au/asxpdf/20170928/pdf/43mq1s3sg8xzlc.pdf
