(CNA Interview) Daily Cuts – Cuscaden Peak offers to privatise Paragon Reit for $2.78b

Cuscaden Peak Investments has proposed to privatise and delist Paragon Reit for $2.78 billion, eyeing major upgrades to Paragon mall. Paragon Reit currently owns Paragon mall, which accounts for 72 per cent of the Reit’s value. Andrea Heng and Hairianto Diman find out this means for the buyer with Kenny Loh, Wealth Advisory Director, REIT specialist and SGX Academy Trainer.

  • [00:00:00] Introduction: Host: Andrea Heng, Guest: Kenny Loh, Wealth Advisory Director, REIT Specialist, and SGX Academy Trainer

  • [00:01:10] Overview of the Offer: What does the price of $0.98 mean?

  • [00:02:20] Overview of the Offer: How is the price of $0.98 derived? And comparison to other Retail-sector REITs

  • [00:05:45] How can the privitisation strengthen Cuscaden Peak’s portfolio?

  • [00:08:20] Refurbishment of Paragon: How can Paragon be revived, in the midst of the Orchard Road downturn? The execution of Paragon’s AEI may affect the REIT’s distribution for a while. Privatisation might be a better approach.

Mr. Kenny Loh is a Certified Estate Planning Consultant and also a CERTIFIED FINANCIAL PLANNER (CFP). Kenny has more than 10 years in Holistic Estate Planning experience, using a unique “3-in-1 Will, LPA and Standby Trust” solution, to address his client’s social consideration, legal obligation, emotional needs and family’s harmony in his approach. Kenny has Double Master degree in Business Administration and Electrical Engineering, and also an AEPP (Associate Estate Planning Practitioner) jointly awarded by The Society of Will Writers & Estate Planning Practitioners (SWWEPP) of The United Kingdom, in collaboration with Estate Planning Practitioner Limited (EPPL), the accreditation body for Asia.

Check out Kenny Loh profile here and also Estate Planning Services.

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