Paradigm-REIT makes Main Market debut, the largest M-REIT IPO in over a decade


Paradigm REIT Management Sdn Bhd chairman and independent non-executive director Tan Sri Shahril Ridza Ridzuan (fourth from left), together with CEO and executive director Selena Chua Kah Noi, strikes the gong during the Paradigm REIT listing ceremony in Kuala Lumpur. Also present (from left) are investment, finance and accounts director Chong Kian Fah, non-independent non-executive director Lai Cheng Yee, WCT Holdings Bhd group managing director Datuk Lee Tuck Fook and Paradigm REIT Management Sdn Bhd independent non-executive directors Datuk Ng Wan Peng, Kua Choo Kai and Dr Lee Khuan Eoi.

KUALA LUMPUR: Paradigm Real Estate Investment Trust (Paradigm-REIT) began trading on the Main Market of Bursa Malaysia today, opening at its initial public offering (IPO) price of RM1.

At 9.42 am, the counter advanced two sen, or 2%, to RM1.02, with 13.85 million shares changing hands, making it one of the most actively traded counters.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Paradigm-REIT , Main Market , Bursa Malaysia , IPO

Next In Business News

Philippine stocks set for recovery
Beauty lovers turn to TikTok and Amazon
Pricey beans�brew consumer shift
Guiding rural Thais to prosperity
Asia rides the dollar dip
EM optimism after stellar year
Trump travel ban adds to Caribbean woes
Bursa’s quiet year sets stage for comeback
Bull charges cautiously
Indonesia treads with care

Others Also Read