Morgan Stanley Asia (Singapore) Pte. said it facilitated trades related to the proposed privatization of Paragon REIT (SGX:SK6U) through a trust scheme of arrangement, according to a Friday filing on the Singapore Exchange.
Morgan Stanley & Co. International plc sold 200 units at SG$0.9675 each through a swap hedge on March 13, leaving it with 469,900 units, or about 0.0166% of Paragon REIT's total units.
Morgan Stanley Capital Services also bought and sold 200 units each at SG$0.9675 through swaps set to mature on Jan. 30, 2026.