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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。