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iCar Asia Limited

July 2021

Patrick Grove’s Catcha Group will sell ASX-listed iCar Asia to Malaysian platform Carsome in a $200m deal.

Malaysia’s Carsome buys iCar Asia in $200m deal

Patrick Grove’s Catcha Group will sell ASX-listed iCar Asia to Malaysian platform Carsome in a $200m deal.

December 2020

Patrick Grove is the founder of iCar and a current director.

An iCar joyride for Patrick Grove's Catcha Group

The decisions of iCar's board to take a share-option-inducing $1 million loan from Catcha Group ahead of a possible takeover has left other investors upset.

August 2018

How the rich invest: tech guru Patrick Grove's top investment picks

Patrick Grove is one of the nation's 100 richest people. He reveals the stocks that are catching his eye and how he goes about investing his wealth.

February 2018

How the rich invest: Patrick Grove bets on iflix

Patrick Grove could be the next Australian entrepreneur in charge of a $1 billion "tech unicorn".

December 2016

The Australian's Darren Davidson invents Carsales takeover

We really are grateful for The Australian's Darren Davidson. If it weren't for him, we'd be the worst journalist in Australia!

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February 2016

Patrick Grove to repeat iProperty template everywhere

Digital entrepreneur Patrick Grove is saying goodbye to the online marketplace that made his name but he aims to repeat its recipe for success everywhere from Asia to Zanzibar.

July 2015

Shares are set to extend their recent gains.

Growth stocks of tomorrow

If your investment horizon is measured in decades you'll need more than high yielding blue chips in your share portfolio. Matthew Smith explains what to look for and names ten stocks to add to your watchlist.

December 2014

Diamonds and dogs: fundies’ highs, lows, and 2015 hopes

Even the best fund managers are only as good as their next call. The past year was a classic stock picker’s market, with the S&P/ASX 200 going nowhere but double-digit returns from some shrewd investors.

November 2014

iCar Asia (ICQ)

Nick Caley, analyst at Baillieu Holst, has upgraded iCar Asia to a “buy” with a revised DCF valuation of $1.15 and price target of $1.40.

The five best ways to invest in Asia today

Five years ago it was only investment theme worth talking about. As financial markets from London to New York imploded, many pinned their hopes on the Asian growth engine to pull the global economy out of the mire.

iCar Asia taps Bells, Baillieu for $21m placement

iCar Asia is seeking to raise $21 million in a placement through Bell Potter Securities and Baillieu Holst.

September 2014

Carsales.com looks at iCar Asia takeover play

Online advertising giant Carsales.com may launch a takeover play for its smaller rival iCar, after a company associated with the Kuala Lumpur-based entrepreneur, Patrick Grove, announced its intention to shed a 27 per cent stake in the business.

July 2014

Merger with explorer helps MigMe to listing

Steven Goh, founder of Australia’s first online stockbroking firm Sanford Securities, will return to the local market later this month when his mobile gaming company MigMe completes a backdoor listing.

June 2014

hipages $6m PE boost sets scene for growth, marketing, ASX IPO

Australian online marketplace operator hipages Group has pledged to spend big on branding and marketing in its push to become a household name ahead of an expected Australian Securities Exchange IPO tilt.

Online classifieds offer potential in Asia

How would you like to go back in time and buy an online classifieds business back in 2004? Depending on your point of view, that’s the opportunity being presented by a second wave of ASX-listed companies with plans to make it big in Asia.

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April 2014

iCar Asia marketing boosts audience numbers

An impressive performance for the three months to March 31, 2014, by iCar Asia triggered further positive share price momentum, leaving it sitting some 200 per cent ahead of where it was trading less than 12 months ago.

November 2013

Catcha execs aim to work their magic on iBuy

Catcha Group executives Patrick Grove and Luke Elliott are at the front of the pitch to the latest initial public offer hopeful, Asian online retail play iBuy.

July 2013

Risk and reward in iCar’s rapid growth

While iCar Asia is a small business that is open to the risks of adapting to rapid growth and expansion into new countries, it has the potential to grow substantially off a low base.

September 2012

iCar Asia makes key appointments

Recently listed iCar Asia has moved to shore up support for the stock, appointing a chief information officer and general manager of its Indonesian business.

iCarAsia starts trading

Investors will be watching for a strategic buyer when iCar Asia hits the ASX boards today, with some speculation the company has caught the eye of some larger listed players.

Original URL: https://www.afr.com/company/asx/icq