Paragon Reit unit holders give nod to privatisation offer

Paragon Reit unit holders give nod to privatisation offer

The trust is expected to delist on June 6 and unit holders are to receive $0.98 per unit in cash Read more at straitstimes.com.

Cuscaden Peak Wins Approval for Privatisation of Paragon REIT - Mingtiandi

Paragon REIT unitholders overwhelmingly approved Cuscaden Peak’s privatisation of the SGX-listed retail trust at a Tuesday meeting, paving the way for a potential disposition of the portfolio’s three remaining properties. The privatisation scheme passed with the support of unitholders representing... Read More>> The post Cuscaden Peak Wins Approval for $2.1B Privatisation of Singapore’s Paragon REIT appeared first on Mingtiandi.

Paragon Reit unitholders give nod to privatisation offer

Unitholders of Paragon Real Estate Investment Trust (Reit) approved the scheme resolution proposed by Cuscaden Peak’s Times Properties to take the trust private. Its delisting is expected on Jun 6, subject to regulatory approval.