Cuscaden Peak Investments—backed by Singapore state-linked investor Temasek Holdings—is seeking to take Paragon REIT private ...
Cuscaden Peak offers to privatise Paragon Reit for $2.78b as it eyes major upgrading of Paragon mall
The upgrading of the 30-year-old mall could cost between $300 million and $600 million. Read more at straitstimes.com.
A unit of Cuscaden Peak Pte. is seeking to take Paragon REIT private, in a growing sign of the headwinds facing Singapore’s ...
Cuscaden Peak expects to spend between $300 million and $600 million to refurbish the Paragon mall, taking between three and ...
Singapore's Paragon REIT said on Tuesday that it had received a privatisation offer from its top shareholder Cuscaden Peak, valuing the real estate firm at S$2.78 billion ($2.05 billion).
The offeror, which holds an indirect stake of 61.5% in Paragon REIT, proposed to buy the remaining shares of the REIT at ...
UNITS of Paragon Real Estate Investment Trust (Paragon Reit) jumped on Tuesday (Feb 11) after the manager announced that it received a S$0.98-per-unit privatisation offer from Times Properties. Read ...
Paragon REIT, a retail real estate investment trust in Singapore, is likely to be privatised and delisted from the Singapore ...
Singapore's Temasek-backed sponsor of Paragon REIT offered to take the retail investment trust private, valuing it at more than $2 billion, in a bid to renovate its flagship shopping mall in the heart ...
TIMES Properties, a wholly-owned subsidiary of Cuscaden Peak Investments, is looking to take Paragon Real Estate Investment Trust (Reit) private by way of a trust scheme of arrangement, for S$0.98 per ...
Cuscaden Peak and its subsidiaries, which currently own 61.5% of Paragon REIT, have offered unitholders S$0.98 in cash per unit representing a 7.1% premium to the retail trust’s net asset value and a ...
PROPOSED PRIVATISATION * PROPOSED PRIVATISATION WILL BE EFFECTED THROUGH ACQUISITION BY TPPL OF ALL UNITS IN PARAGON REIT * SCHEME CONSIDERATION OF S$0.9800 IN CASH FOR EACH UNIT ...
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