
Main Market-bound Paradigm REIT aims to raise RM560mil from IPO
PETALING JAYA: Main Market-bound Paradigm Real Estate Investment Trust (Paradigm REIT) aims to raise RM560 million from its initial public offering (IPO).
In a statement today, Paradigm REIT said that upon listing, which is scheduled for June 10, 2025, it is expected to achieve an estimated market capitalisation of RM1.6 billion based on the illustrative issue price of RM1.00 per offer unit and a total listing of 1.6 billion units.
"Paradigm REIT's IPO is poised to be the largest Malaysian REIT IPO in the past 13 years and one of the largest IPOs in Malaysia for 2025.
"This shows the ability and depth of the Malaysian equity capital market to support large capital raises despite market volatility arising from the ongoing trade war,' it said. - Bernama
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Focus Malaysia
34 minutes ago
- Focus Malaysia
Enterprises lead the charge in AI-driven transformation
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From autonomous inventory drones to smart medical robotics and AI-powered infrastructure, these innovations highlight the transformative potential of AI when combined with reliable, high-speed connectivity. As enterprise awareness deepens and deployment scales, Malaysia is poised to unlock significant value from AI and 5G technologies—paving the way for smarter, safer, and more efficient industries. —June 11, 2025 Main image: Reinersct


Daily Express
an hour ago
- Daily Express
Unemployment rate hits 10-year low at 3% in April
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The Sun
2 hours ago
- The Sun
Mainstream media remains vital for tourism promotion, say industry leaders
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