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Paragon Reit to delist from SGX on June 6
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Paragon Reit will delist from the Singapore Exchange on June 6, 2025, following a successful privatisation offer by Times Properties at S$0.98 per unit. This offer, which was approved by 82.8% of voting unitholders, represented a 10.1% premium over the last trading price before the announcement. Trading of Paragon Reit units was suspended on May 15, 2025. The Reit, previously known as Singapore Press Holdings Reit, is known for its flagship property, the Paragon shopping mall.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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