<div><div><p>[SINGAPORE] Paragon Reit will delist from the Singapore Exchange with effect from 9 am on Jun 6, 2025, the manager said on Wednesday (Jun 4).</p><p>This comes as Times Properties – the offeror that proposed privatising the Reit for S$0.98 apiece in February – confirmed that minority unitholders received their payment for the scheme consideration on Wednesday, the manager added.  </p><p>The offer price represented a 10.1 per cent premium to the counter’s last transacted price on Feb 10, the day before the offer was announced, at S$0.89. </p><div><div><div><div id="dfp-ad-imu1"></div></div></div></div><p>Unitholders of Paragon Reit approved the scheme resolution during an April scheme meeting, where 1,000 unitholders or around 82.8 per cent of those present and voting agreed to the privatisation offer. </p><p>This represented around 97.6 per cent of units, surpassing the 50 per cent required of total voting minority shareholders as well as the 75 per cent required in value of units. </p><p>Trading of Paragon Reit’s units was subsequently suspended on May 15, 2025, at 9 am, after closing flat at S$0.975 on the last trading day on May 14, 2025. </p><div><div><div><div id="dfp-ad-midarticlespecial"></div></div></div></div><p>Paragon Reit was formerly known as Singapore Press Holdings Reit before it was renamed in January 2023. The retail Reit counts Orchard Road shopping mall Paragon as its crown jewel. </p></div><div><section><section><p>Copyright SPH Media. All rights reserved.</p><div>Reuse this contentFeedback</div></section></section></div><div><div><div><div id="dfp-ad-imu2"></div></div></div></div></div>

新加坡报业地产

<p>Paragon Reit 将于 2025 年 6 月 6 日从新加坡交易所退市，此次退市是由于 Times Properties 以每单位 0.98 新元成功进行私有化要约。该要约获得了 82.8% 的投票单元持有者的批准，较公告前最后交易价格溢价 10.1%。Paragon Reit 单位的交易于 2025 年 5 月 15 日暂停。该房地产投资信托基金，之前被称为新加坡报业控股房地产投资信托基金，以其旗舰物业——Paragon 购物中心而闻名</p>

新加坡报业地产将在 6 月 6 日从新加坡交易所退市