Acquisition | PARAGON REIT | 15th May 2025

On 11 February 2025, TIMES PROPERTIES PRIVATE LIMITED announced the proposed privatization of PARAGON REIT. As per the proposal, shareholders of PARAGON REIT were offered SGD 0.98 per share. On 8 May 2025, the court approved the proposal. The effective date is set to be on 15 May 2025.

The treatment below will be applied to the following indices:

• PARAGON REIT will be removed from the Index.
• The weight of PARAGON REIT (PARA.SI) based on its last close price will be distributed pro rata to remaining Index constituents.
• Effective Date (open): 15/05/2025

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