Cuscaden Peak offers to privatise Paragon Reit for $2.78b as it eyes major upgrading of Paragon Mall
Upgrading of 30-year-old mall could cost between $300 million and $600 million. Read more at straitstimes.com.
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Singapore's Paragon REIT said on Tuesday that it had received a privatisation offer from its top shareholder Cuscaden Peak, valuing the real estate firm at S$2.78 billion ($2.05 billion).
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