Cuscaden Peak Investments—backed by Singapore state-linked investor Temasek Holdings—is seeking to take Paragon REIT private ...
Cuscaden has proposed the privatisation offer to pave the way for a major enhancement exercise at Paragon. With 72% of ...
Cuscaden Peak’s Times Properties made an offer to privatise Paragon Real Estate Investment Trust (Reit) for S$0.98 a unit, ...
Cuscaden and its subsidiaries, which hold 61.5% share, will abstain from voting. Read more at straitstimes.com.
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.
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Hosted on MSNParagon Reit to privatise with $0.98 cash offer per unitThe offer is 7.1% higher than the adjusted net asset value. Paragon Reit Management and Times Properties, a subsidiary of ...
Cuscaden Peak expects to spend between $300 million and $600 million to refurbish the Paragon mall, taking between three and ...
A unit of Cuscaden Peak Pte. is seeking to take Paragon REIT private, in a growing sign of the headwinds facing Singapore’s ...
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).
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 ...
Reuters on MSN10d
Singapore's Paragon REIT gets buyout offer valuing it at US$2bilSINGAPORE: Singapore's Paragon REIT said on Tuesday it received a buyout offer from its major shareholder, Cuscaden Peak, and ...
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