Paragon REIT taps PrimePartners as adviser in privatisation bid

The IFA would advise the independent directors of the REIT’s manager.

Paragon REIT has appointed PrimePartners Corporate Finance as the independent financial adviser (IFA) for its privatisation offer.

The IFA would advise the independent directors of the REIT’s manager to make a recommendation to its minority unit holders on the privatisation offer.

The scheme document which includes the recommendation of the Paragon Independent Directors, the advice of the IFA, and notice of the extraordinary general meeting, will be despatched to unitholders in due course.

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