Morgan Stanley Reports Trades Related to Paragon REIT Privatization

MT Newswires
17 Mar

Morgan Stanley Asia (Singapore) Pte. said it facilitated trades related to the proposed privatization of Paragon REIT (SGX:SK6U) through a trust scheme of arrangement, according to a Friday filing on the Singapore Exchange.

Morgan Stanley & Co. International plc sold 200 units at SG$0.9675 each through a swap hedge on March 13, leaving it with 469,900 units, or about 0.0166% of Paragon REIT's total units.

Morgan Stanley Capital Services also bought and sold 200 units each at SG$0.9675 through swaps set to mature on Jan. 30, 2026.

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