Paragon REIT Updates Trust Deed for Electronic Communication

Paragon REIT ( (SG:SK6U) ) has shared an update.

Paragon REIT Management Pte. Ltd. has announced amendments to the trust deed of Paragon REIT, allowing for electronic dissemination of notices or documents related to take-over offers or rights issues, in compliance with relevant laws and guidelines. These amendments, certified by the trustee as non-prejudicial to unitholders’ interests, do not require their approval and are intended to streamline communication processes for the trust.

More about Paragon REIT

Paragon REIT is a real estate investment trust based in Singapore, managed by Paragon REIT Management Pte. Ltd. The trust focuses on real estate investments and operates under the regulations of the Singapore Exchange Securities Trading Limited.

YTD Price Performance: 0.54%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $2.03B

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