<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>

新加坡報業地產

<p>Paragon Reit 將於 2025 年 6 月 6 日從新加坡交易所退市，此次退市是由於 Times Properties 以每單位 0.98 新元成功進行私有化要約。該要約獲得了 82.8% 的投票單元持有者的批准，較公告前最後交易價格溢價 10.1%。Paragon Reit 單位的交易於 2025 年 5 月 15 日暫停。該房地產投資信託基金，之前被稱為新加坡報業控股房地產投資信託基金，以其旗艦物業——Paragon 購物中心而聞名</p>

新加坡報業地產將在 6 月 6 日從新加坡交易所退市