Morgan Stanley Asia (Singapore) Pte. disclosed dealings in Paragon REIT (SGX:SK6U) units as part of regulatory requirements linked to the trust's proposed privatization. according to a Monday filing on the Singapore Exchange.
The financial adviser to Paragon REIT's manager reported swap hedge trades on Feb. 21, including the purchase of 1,000 units at SG$0.9745 each and the sale of 100 units at SG$0.9700 each.
It also disclosed multiple derivatives transactions maturing in 2026 and 2027.
The trades, conducted independently of the privatization, do not impact the scheme consideration under the trust scheme led by Times Properties, a subsidiary of Cuscaden Peak.
Paragon REIT, which owns retail and office properties in Singapore, is set to be taken private under the plan announced on Feb. 11.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。