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.