Tanncam Investment Pte. Ltd., a Singapore-based private equity and venture capital firm, has invested in Digital Classified Group (DCG), a leading Australian-based property company and operator of a portfolio of online real estate and general classified companies in frontier and emerging markets.
DCG’s companies and brands include realestate.con.kh and Fazwaz in Cambodia, hausples.com.pg and marketmeri in Papua New Guinea, yula.la and lanloa.la in Laos, and property.com.fj in Fiji.
Cambodian Investment Management acted as the liaison and financial adviser on the transaction for Tanncam Investment Pte. Ltd.
-->
Talking about the investment, DCG Group CEO Mathew Care said: “These are very exciting times for our group as the businesses have regained traction post-Covid and we are experiencing strong and robust growth and substantial improvement in the fundamentals of our portfolio. We welcome Tanncam as a shareholder as they are a sophisticated and well-known established investor. We have no doubts that they will successfully contribute to our future aspirations and strategic objectives.”
DCG has a track record of developing dominant property classifieds in frontier markets since 2013, and in recent years has transitioned its business model from advertising to transactional services to accelerate its growth. This investment consolidates DCG position in all markets as the leading operator of property classifieds in Asian frontier markets.

Anthony Galliano, Director of Tanncam Investment Pte. Ltd. and CEO of Cambodian Investment Management said: “We believe DCG has demonstrated a unique ability to enter emerging and frontier markets and create a dominant position in their space. We are investing in what we believe is a very promising future, a strong management team, and a successful portfolio ripe for continued growth. DCG is on the precipice of another leg of its incredible journey and we are happy to contribute to this.”
Anthony will serve on the board of Digital Classified Group, subject to regulatory approvals, the release added.
Tanncam Investment focuses on early-stage start-ups and strategic investment opportunities.
Digital Classified Group DCG operates a portfolio of Asia Pacific’s leading and fastest-growing online real estate and general classified marketplaces.
Cambodian Investment Management is a corporate finance and business services firm which selectively acts as an arranger and financial adviser on mergers and acquisitions, due diligence and private equity transactions.
Source: Khmer Times
