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.
PETALING JAYA: Paradigm Real Estate Investment Trust
(Paradigm-REIT) made its debut on the Main Market of Bursa Malaysia yesterday, closing flat at RM1 with 44.59 million units traded.
The listing marks a significant milestone in Malaysia’s REIT landscape as it was the largest REIT initial public offering (IPO) in the past 13 years and one of the largest IPOs in Malaysia so far this year.
