Morgan Stanley Reports Dealings in Paragon REIT Amid Privatization Bid

MT Newswires
03-24

Morgan Stanley Asia (Singapore) Pte. disclosed trades in Paragon REIT (SGX:SK6U) units related to the proposed privatization by Times Properties, a unit of Cuscaden Peak, according to a Friday filing on the Singapore Exchange.

On March 20, Morgan Stanley & Co. International plc sold 200 units at SG$0.965 each through a swap hedge, leaving it with 397,596 units (0.014% of total issued units).

Additionally, Morgan Stanley entities executed swaps involving 200 units at SG$0.965 each, maturing on Jan. 30, 2026.

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