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Back 27 Mar 2025

Paragon Reit unitholders to vote on proposed privatisation on Apr 22 ​  

Summary: Unitholders of Paragon Reit will vote on the proposed privatization by Times Properties, a Temasek-backed company, on April 22nd. The offer, valued at S$0.98 per unit, represents a premium over the Reit’s NAV and adjusted NAV. The outcome will be decided by minority unitholders as majority unitholders Cuscaden Peak will abstain from voting.

Link: https://www.businesstimes.com.sg/companies-markets/paragon-reit-unitholders-vote-proposed-privatisation-apr-22