716 per share, from a distribution in-specie (“DIS”) by SPH. **Close price adjusted for splits and dividend and/or capital gain distributions. SPH REIT Discloses Valuation of Shopping Malls 2022: MT Paragon REIT Reports Earnings Results for the Full Year Ended August 31, 2022 2022: CI SPH REIT Announces Distribution for the Period from 1 June 2022 to 31 August 2022, Payable on 25 November 2022Stock analysis for PARAGON REIT (SK6U:Singapore) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 9m (+1. Share Price as of: -. Distributed by Public, unedited and unaltered, on 24 May 2022 03:27:07 UTC. Based on current price of SPH REIT, the alternative will fetch $2. 9 per cent below SPH Reit's last traded price, on Thursday (Apr 28), of S$0. 5m) from a fund (Australian Prime Property Fund – Retail) which is managed by Lendlease Real Estate. However, given its sizable exposure to the high-end retail mall industry, concern over its business operational outlook. Accessibility is further enhanced by its proximity to the Bukit Timah Expressway (“BKE”) and Pan Island Expressway (“PIEDBS Group Holdings Limited (SGX:D05) held its 22nd AGM yesterday (30 March 2021) afternoon, where I've attended as a shareholder. This Offer is known as a Chain Offer, triggered by Cuscaden's acquisition of SPH has been completed. ) Let us take a look at its financial results, and compare them against the REIT’s results. THE chain offer for SPH Reit has closed with valid acceptances in respect of 402. More On This Topic Keppel's privatisation offer for SPH viewed positively. Singapore’s largest omnichannel media network, bringing you trusted news and lifestyle content across print, digital, radio and outdoor mediaPARAGON Real Estate Investment Trust (Reit), previously known as SPH Reit, declared a distribution per unit (DPU) of 1. 1 file. 90 per unit on 30 December 2022 (31 August 2021: S$0. 1% on a forward basis and below. 0 / 0 %. SPH REIT published this content on 16 February 2022 and is solely responsible for the information contained therein. MT. of the share. One word of caution is that SPH have purchase Clementi mall by outbidding the other REITs dramatically . Discover historical prices for SK6U. Share Price as of: -. In particular, the units of PARAGON REIT have not been and will not be registered under the U. Distributed by Public, unedited and unaltered, on 17 June 2022 03:02:02 UTC. This presentation may also contain forward-looking statements that involve risks and uncertainties. SINGAPORE - SPH Reit is planning to acquire The Rail Mall for $63. Securities Act of 1933,. SPH REIT invests, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate related assets. 40 per share, comprising $1. The Reit has $1. SPH REIT Discloses Valuation of Shopping Malls 2022: MT Paragon REIT Reports Earnings Results for the Full Year Ended August 31, 2022 2022: CI SPH REIT Announces Distribution for the Period from 1 June 2022 to 31 August 2022, Payable on 25 November 2022SPH REIT did not declare any distributions during the quarter as it is bound by the Singapore takeover code on the back of the possible chain offer by Cuscaden. 3 Key Takeaways from me on the Rival SPH offer. Join REITirement - SREIT. 52K subscribers. SPH REIT has. 72 cents per unit, the minimum offer price for SPH Reit. 4% y-o-y to S$105. 9372 per unit, which is the minimum offer price required after adjusting for recent SPH Reit distributions. Thus SPH’s cash and cash equivalent is $312 – $63 x 0. SPH REIT Announces Change of Financial Year End from 31 August to 31 December 2022: CI SPH REIT Secures Term Loan Facility of SGD 975 Million 2022: CI Singapore Shares End Week Slightly Higher; SPH REIT Shares Climbed 3% as Fiscal Q3 DPU Rises Over 5%However, the cumulative value of Keppel REIT and SPH REIT units has gone up by S$0. 3449 only. 64 per cent of total issued SPH Reit units. REITirement - SREIT. 0 / 0 %. The company is based in Singapore. Receive at least 75% of gross income from real estate, such as real property rents. The goal is to seek premium price because of differentiation and uniqueness of the offerings. A wellmanaged shopping mall in an area with a growing catchment population would be a good pipeline asset for SPH REIT, which currently holds Paragon and The Clementi. 8 cents per share, 0. The group’s newspaper ad revenue YoY decline has increased from 12. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. 54%. SPH REIT is managed by SPH REIT Management Pte. SPH REIT Units (the “Relevant SPH REIT Units”) per Share (as defined below); and 1. 08 last Friday after the Reit announced it had raised $164. Distributed by Public , unedited and unaltered, on 16 February 2022 03:03:05 UTC . Welcome to PARAGON REIT Investor Relations. But substantially below the 52-week high of $1. SPH REIT MANAGEMENT PTE. 8 million changing hands. 9%, reiterating tenants' confidence in SPH REIT's strategic assets. 108 (A slight increase due to the improvement of SPH REIT share price). 66% for 1H FY2022 with a weighted average term to maturity of 2. communications functions in the SPH Group and sits on several steering and senior management committees. SPH Reit's DPU in Q1 down 13% to 1. Note Short Sell volume according to the Daily. 2m (+14. Ms Lim is a director of Times Development Pte Ltd, Orchard 290 Ltd and SPH REIT (Investments) Pte Ltd, all of which are property subsidiaries of SPH. 09% of the Units. 26 cents) of FY2020 distributable income. SGD 0 0 / 0 % Share Price as of: -Market / ISIN Code: SGX Mainboard / SG2G02994595. 9% and 8. 9372 per unit for all units of SPH REIT. Based on last Friday's closing prices, the value of Keppel Reits on offer is 71. 1. P. ShareJunction is a FREE Singapore Stocks, Investment and Finance portal providing share investors and traders forum, charts, news, email alerts, price quotes and market data for SGX shares. 商业时报Find detailed analysis of Singapore-listed companies, along with advices on long-term investing and short-term trading here. 91%) compared to last month’s update. Company Type For Profit. Apps. As at Aug 31, SPH REIT’s portfolio is valued at $3,338. Cuscaden Peak’s offer—which gave SPH shareholders the option of accepting an all-cash offer of S$2. Apps. The Reit is sponsored by media and property group SPH. Since the takeover from Morgan Stanley, read in news that each stock will become SPH REIT (0. Paragon REIT Reports Earnings Results for the Four Months Ended December 31, 2022. 9% below SPH REIT’s last traded price of 97. It is also 2. 6-2% to factor in 2 weeks of mandated rental rebates and lower fees paid in units. 44K links. Login with PasswordKEPPEL Reit has divested its stake in its Brisbane property for A$275 million (S$277. Singapore Hospitality / Property Development / Aluminium Assistant to CFO Stamford Land Corporation (Hospitality / Property Development). SINGAPORE, 13 February 2022 – PARAGON REIT Management Pte. This offer comprises cash of $0. . BY WAY OF ISSUE OF UNITS IN SPH REIT The Board of Directors of SPH REIT Management Pte. SPH REIT Units are not obligations of, deposits in, or guaranteed by the SPH REIT Manager or any of its affiliates. My Notes. Feb. 975. 596 Keppel Reit unit (valued at $0. SPH REIT Management Pte Ltd, the Manager of the Trust (“the Manager”) is responsible for the other information contained in the annual report. SPH REIT’s 1Q FY2022 Distributionfor the purposes of complying with Rule 25 of the Singapore Code on Take- overs and Mergers (the “Take-Over Code ”), which report is based on a review of the interim financial information of SPH REIT for 1Q FY2022 Interim Financial 1Q FY2022 (the “ Information”). Photo: Samuel Isaac Chua/The Edge Singapore. Disclaimer. Cuscaden Peak, a consortium comprising Hotel Properties, its managing director Ong Beng Seng, and 2 Temasek-related entities CLA and Mapletree, is offering each SPH shareholder the choice between an all-cash offer of S$2. Units of SPH Reit closed down two cents, or 2. Indeed, the consortium subsequently announced the chain offer of SPH REIT at $0. 2%. Keep the Cash + Keppel / SPH REIT offer, but up the price, or. 099 per SPH share, which represents a 16. Apps. Market / ISIN Code: SGX Mainboard / SG2G02994595. 2% premium over the one-month volume. 05 per. 5 cents per share, and 0. News. Paragon REIT Reports Unchanged DPU of SG$0. Yes the company SPH REIT (SGX:SK6U) pays a quarterly dividend of $0. Its portfolio comprises leasehold. 7% from S$0. MORE STORIES. 5 per cent, lower at 97 cents. SI), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. SPH REIT maintained a solid portfolio occupancy rate of 97. S$636. 5K views 05:23SPH Reit posts lower DPU after distribution deferment, capital. Last Funding Type Post-IPO Equity. What is a Chain Offer? The Chain Offer refers to a mandatory cash offer whereby Cuscaden Peak will pay unitholders of SPH REIT a minimum offer price for each unit. The offer to existing SPH shareholders is in the form of cash, SPH REIT, and Keppel REIT. 77 per cent. 02. 003, a shocking decline of 78. (“ PARAGON RM” or the “Manager”), the Manager of PARAGON REIT1 (formerly known as “SPH REIT”), today announced its financial results for the 16 months2 ended 31 December 2022 (“16M FY2022”). 400 for each SPH Share1 “Cuscaden Composite Document”: The document dated 28 February 2022. 16M FY2022 refers to the period 1 September 2021 to 31 December 2022. SPH REIT (SGX:SK6U), a pure-play retail REIT with properties in Singapore and Australia, released its results for the first half of the financial year 2021/22 last Friday. 6m while NPI increased marginally by 0. 44%, according to CGS-CIMB’s estimates. 4bn as at 1 April 2021. THE BUSINESS TIMESperformance of SPH REIT is not necessarily indicative of its future performance. Disclaimer. 91). LTD. Companies & Markets News -SINGAPORE (THE BUSINESS TIMES) - The impact of the pandemic hit SPH Reit in the second half with distribution per unit (DPU) well down. 1 per cent in total return terms, after a challenging 2022 which saw it decline 12 per cent. 28 Jan 2021. 1 file. For context, the second largest shareholder holds about 26% of. FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 748. MT. 782 SPH Reit share) offer is valued much lesser today. Legal Name SPH REIT Management Pte Ltd. As at 21 February 2022 (being the Latest Practicable Date prior to the publication of the Cuscaden Composite Document), This Offer is known as a Chain Offer, triggered by Cuscaden's acquisition of SPH has been completed. 36 apiece. 2 per cent, at 89 cents on Wednesday. SPH REIT gearing remains stable at 30. 31b, giving it a gearing ratio of 25. 351 per share, consisting of S$0. 10. 715) and 0. Ltd. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the U. 4 per cent to. The name change will take effect from Jan 3, 2023, onwards. 13. SPH bidding war ‘imminent’: UOB analysts. 12-Jul-2021 18:43:20. A look at the shareholders of SPH REIT ( SGX:SK6U ) can tell us which group is. SPH REIT's stands as one of the key beneficiaries of Singapore’s reopening with the largest exposure to Orchard retail, with Paragon mall anchoring 65% of its portfolio (by asset valuation). The recent restriction easing and border opening should improve SPH REIT's performance moving forward. " SPH is a media organisation whose portfolio also includes properties, broadcasting, and events and. 06:08 Outlook for Reits. And then SPH needs to decide whether to (1) accept Keppel’s offer, or (2) pay the $34 million break fee and accept the new offer. Welcome to PARAGON REIT Investor Relations. S. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. The move will serve to "strengthen the offerings of SPH Media and, in particular, that of The Business Times", the group said in a media release on Wednesday (Nov 1). With effect from 3 January 2023, SPH REIT has officially been renamed PARAGON REIT; for more information, please refer to the following announcement. Cuscaden Peak says it reserves the right to adjust SPH REIT's chain offer price for DPU paid in Feb and May. IPO Price = $0. 2%, announces divestment of five assets. Company Type For Profit. Under the proposed scheme, they will receive $2. Distributed by Public, unedited and unaltered, on 03 June 2022 03:21:01 UTC. 782 of an SPH Reit unit per share. Price vs Fair Value. ) In this post, you'll find an analysis of the REIT's results in terms of its financial performance, portfolio occupancy and debt profile, and its distribution per. SPH REIT : Proposed Scheme Of Arrangement Involving Singapore Press Holdings Limited (Dealing Disclosure) -January 27, 2022 at 09:26 pm EST |. On the back of improved operating performance across its portfolio, SPH REIT has reported gross revenue of SGD209. Ltd. com Industry Dividends REIT MLP. Stock analysis for PARAGON REIT (SPHREIT:SP) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Securities Fixed Income Derivatives Indices Data & Connectivity Sustainable Finance Regulation. SPH REIT (“SPHR”) is a Singapore-based Real Estate Investment Trust established to invest in real estate for retail purposes. SPH's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Dividend. With Keppel REIT and SPH REIT trading at S$1. Change Of SPH REIT's Financial Year End From 31 August To 31 December. More On This Topic. 099 per share, comprising cash of S$0. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. SPH REIT published this content on 27 May 2022 and is solely responsible for the information contained therein. Our data shows SPH REIT has a return on equity of 5. In. Paragon REIT engages in the direct and indirect investments on a portfolio of income-producing real estate used primarily for retail purposes. 1. Follow us on Facebook and join our channel for the latest updates. 6 million for the nine months ended 31 May, an increase of 22% year-on-year. In addition to the distribution of SPH Reit shares to SPH shareholders amounting to S$1. 64% fromthe prior estimate of 0. 099 per share. SPH REIT is not owned by hedge funds. As of 29 February 2020, SPH REIT has a portfolio of 5 assets across Singapore and Australia. 2 billion to buy all of SPH’s shares, bringing the total deal to S. THE BUSINESS TIMES SPH Reit - Find SPH Reit News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. The Offering consists of (i) an. This will bring the number of SPH REIT units to be acquired by the offerer and its. Welcome to PARAGON REIT Investor Relations We are committed to providing timely, high quality information to investors interested in key performance ratios, financial news or. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. 9450. 06 and pre pandemic high of $1. 8 cents per SPH share plus 0. 9m SPH shares, valued at S$10m), as well as SPH’s. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). As at 10. As a result, the 12-month rental reversion rate for FY2022 was -2. 715 per share. SPH had in August received a privatisation offer from Keppel at S$2. 05 in profit. 38B. THE BUSINESS TIMES SPH Reit - Find SPH Reit News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. The sum of the Offeror Consideration and the SPH REIT units to be distributed by SPH to its shareholders in accordance with the Scheme has an implied value of $2. provides SPH shareholders with either a total consideration of S$2. 5 cent, or 0. Ltd. SINGAPORE: SPH Media has entered into an agreement to acquire technology media company Tech in Asia (TIA). Disclaimer. 668 per share, 0. Morgan Stanley Asia, on behalf of Cuscaden Peak, said the Ong Beng Seng-led consortium has received valid acceptances of its chain offer of an aggregate of 130,059,351 offer units, representing approximately 4. / Ind. 099 per share. Industry analysis of Real Estate Operations using Porter Five Forces can help SPH REIT to avoid spaces that are. 4K links. 5% as at 31 August 2020 which is way below the permissible limit giving them the headroom for further acquisition. It operates through the following segments. Jul 01, 2022 11:47 AM. 72 cents per unit, which is the minimum offer price. 4 billion. Units of SPH Reit rose two cents or 2. As at end-August, its proportion of fixed debt was 71 per cent, with an average cost of debt of 1. SPH chief executive Alan Chan said: "The special dividend will reward shareholders for their investment in the SPH Group and, through SPH's stake in SPH Reit, they will continue to benefit from the establishment of SPH Reit. 3 billion in borrowings at a gearing ratio of 30 per cent and a weighted average term to maturity of 2. 97 dated December 1, 2022. 7% y-o-y). 6m (+11. To capitalize SPH Media with initial resources, SPH will provide a one-time injection of funds to it (akin to a “divorce fee”). PARAGON REIT Announces Distribution for the Period from 1 September 2022 to 31 December 2022, Payable on 28 March 2023. Distributed by Public, unedited and unaltered, on 24 June 2022 02:45:00 UTC. REITirement - SREIT. However, given its sizable exposure to the high-end retail mall industry, concern over its business operational outlook over the short-term is warranted. SPH REIT is a Singapore-based Real Estate Investment Trust (“REIT”) established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. 0. The offer price translates to a valuation of S$0. Announcement Title Mandatory Cash Dividend/ Distribution Date &Time of Broadcast 09-Feb-2022 17:36:49 Status New Corporate Action Reference SG220209DVCAYU2P Submitted By (Co. 3 = $293 mil. 7K views 03:24. 58 Singapore cents for the fourth quarter ended August. The offer price is 3. 40 per. An investment in SPH REIT Units is subject to investment risks, including the possible loss of the principal amount. SPH had in August received a privatisation offer from Keppel at S$2. 8% y-o-y) and NPI of S$202. Feb. Platforms. The offer satisfied the minimum acceptance condition of 50 per cent of the issued SPH Reit units as at June 1, making it unconditional in all respects. Photo: Samuel Isaac Chua/The Edge Singapore. 782 units) for each SPH share. 27 Feb 2020. $12. SPH acquires portfolio of five high quality senior independent living properties in Hokkaido, Nara and Tokyo. See Saanich Penninsula Hospital location page . Announcement Details. Jul 01, 2022 11:47 AM. 4%. In addition, the high occupancy was supported by a high tenant retention ratio of 82. Paragon REIT Units Real Estate Investment Trust. (iii) TPPL owns approximately 0. 9400. Date Of Release Of 2020 Second Quarter Results. Distributed by Public, unedited and unaltered, on 29 July 2022 10:16:17 UTC. Contrast this with Parkway Life REIT (SGX: C2PU. SPH REIT Announces Change of Financial Year End from 31 August to 31 December 2022: CI SPH REIT Secures Term Loan Facility of SGD 975 Million 2022: CI Singapore Shares End Week Slightly Higher; SPH REIT Shares Climbed 3% as Fiscal Q3 DPU Rises Over 5%INTRODUCTION TO SPH REIT SPH REIT is a Singapore-based real estate investment trust (“REIT”) established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. The company's portfolio includes Paragon and The Clementi Mall. SINGAPORE PRESS HLDGS LTD ( SGX:T39) SINGAPORE PRESS HLDGS LTD (SGX:T39) has been delisted with effect from 2022-05-13. SPH shares closed 0. FY2021 refers to the period 1 September 2020 to 31 August 2021. It is now offering each SPH shareholder the option of an all-cash offer of $2. Blog. SPH Reit, a real estate investment trust, will change its name to Paragon Reit to better reflect its vision and mission in the Asia-Pacific retail landscape. 2% premium over the one-month volume weighted average price. Feb. SINGAPORE, 13 February 2022 – PARAGON REIT Management Pte. 7m (+3. Summary. TAGS. 30 cents was based on income available for distribution for the comparative quarter from 1 September 2013 to 30 November 2013. 5%, a reflection of its proactive leasing efforts to renew or sign leases in advance mitigating vacancies. The Company invests in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. 020 per SPH REIT Unit as at 12 November 2021, being the Last Trading Day. 17 Mar 2020. Blog. SPH REIT is a Singapore-based REIT established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. SPH Media to acquire Tech in Asia; no layoffs expected. SPH REIT announced that SPH REIT is changing its financial year end from 31 August to 31 December. Cuscaden Peak, a consortium of local investors, offered to buy all units of SPH real estate investment trust (Reit) at 93. Join. Whether you are interested in key performance ratios, financial news and results, we hope that you will find what you need readily here. 8 per cent as at end-November, its manager disclosed in a quarterly update last Friday (Jan 7). 19 Jul 2023. MORE STORIES. May 29, 2022. Managed by SPH REIT Management, its current portfolio comprises two properties in Singapore: Paragon, a premier upscale retail mall and medical suite/office property in the heart of Singapore’s famous shopping belt, Orchard Road, and The Clementi Mall, a mid-market suburban. 07 Aug 2023. Under SPH REIT, SPH owns Paragon, a premier upscale mall and medical suite/ office property on Orchard Road; The Clementi Mall, a mid-market suburban mall; and The Rail Mall along Upper Bukit Timah Road. The counter code of the REIT will remain unchanged at SK6U. 36 per share or S$1. the Relevant SPH REIT Unit (being 0. 37 cents; and tax-exempt income distribution of 0. PARAGON REIT (formerly known as “SPH REIT”) is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. 54K subscribers. Follow us on Facebook and join our Telegram channel for the latest updates. 36 per share or S$1. IT HAS been just over 8 months since Cuscaden Peak submitted a proposal to the board of directors of Singapore Press Holdings. for the period from 1 January 2023 to 30 June 2023. In an Aug 7 statement, the. is currently the largest shareholder, with 31% of shares outstanding. Market / ISIN. SPH REIT will be part of the sponsor privatisation offer by Keppel Corporation(SGX:BN4). 602 cash and 0. 9% less than the total consideration. (vi) SPH is deemed to be interested in the Units that TPPL, TPR and the REIT Manager have an interest in. Download Telegram About. The overall positive financial results were a little surprising to me. Singapore Press Holdings officially delisted, Gerald Yong to take over as CEO from Ng Yat Chung. SPH Real Estate Investment Trust (Reit) : SK6U -1. Stock XSES Rating as of Nov 17, 2023. S. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. Headquarters. 9% less than the total consideration. Keppel's final offer of $2. 14. Disclaimer. SPH REIT Units. 099 per share. LTD. Build Retirement Portfolio with S-REIT. 52 cents of DPU which was previously withheld from FY2020. 9372 per unit for all units of SPH REIT. In this post, you will find a summary (which I've compiled) of the CEO's presentation, questions which fellow attendees have raised during the meeting and responses provided by the management, along with results of 12. Securities Fixed Income Derivatives Indices Data & Connectivity Sustainable Finance Regulation. SGD 0. (ii) The REIT Manager owns approximately 4. In the mail today they made an offer. 28 Jul 2022. With effect from 3 January 2023, SPH REIT has officially been renamed PARAGON REIT; for more information, please refer to the following announcement. Ng has indicated his desire to step down as Director with effect from 1 January 2023. 40 per share comprising $1. PARAGON REIT, formerly known as SPH REIT, is a Singapore-based real estate investment trust established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. Cromwell Reit EUR: EUR REIT that looks promising 19790: 76 - 22-Nov 19:02: Sarine Tech: Sarine Tech 120775: 506: 22-Nov 18:27: Prime US ReitUSD: Prime US Reit SGX debut 19 JUL 2019 77661: 363 - 22-Nov 18:12: ManulifeReit USD: Manulife US REIT IPO 268269: 1620: 22-Nov 18:11: SMI Vantage: BTC is above 29k today 20/10/2023 39683: 931: 22. In particular, the units of PARAGON REIT have not been and will not be registered under the U. 782 SPH Reit units valued at. 0% stake in Westfield Marion Shopping Centre) reported its second quarter results for the financial. SPH shareholders will receive cash of S$0. Feb. 602 in cash and 0. S. 868 per share in cash, 0. 4m SPH REIT units, valued at S$20m and 6. SPH shareholders will be entitled to 0. This offer comprises cash of $0.