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

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.
'The listing of Paradigm REIT marks a proud milestone for our team and Malaysia's REIT landscape. While we opened flat at RM1.00, we view this as a stable and encouraging start — especially in a market where volatility has become the norm,' Paradigm REIT Management Sdn Bhd chairman and independent non-executive director Tan Sri Shahril Ridza Ridzuan said in a statement.
He added that strong support from both institutional and retail investors reflects confidence in the REIT's portfolio and long-term strategy.
'We remain focused on delivering consistent value to our unitholders and executing our strategy in making our assets more value-accretive,' Shahril said.
Paradigm REIT's current portfolio comprises three prime shopping centres – Paradigm Mall Petaling Jaya, Paradigm Mall Johor Bahru, and Bukit Tinggi Shopping Centre – collectively valued at RM2.4bil and strategically located in high-traffic, high-growth urban areas.
The IPO is the largest Malaysian REIT IPO in the past 13 years and one of the largest IPOs in Malaysia for 2025.
Paradigm REIT has committed to distributing at least 90% of its distributable income on a half-yearly basis, making it an appealing proposition for income-seeking investors.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

New Straits Times

28 minutes ago

• New Straits Times

Malaysia exploring new palm oil markets amidst geopolitical conflicts

KOTA BARU: The government is exploring new markets for Malaysia's palm oil in an effort to reduce the nation's reliance on major exporting markets affected by geopolitical conflicts. Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said the ongoing Israel-Iran crisis and the Russia-Ukraine conflict have disrupted export shipments to certain zones. "Malaysia currently exports goods worth RM186 billion annually to global markets, including palm oil, but part of these markets are now considered high-risk due to armed conflicts. "As such, we are exploring new markets, namely, countries that have yet to purchase Malaysian palm oil or cooking oil. "This is crucial to ensure that our export levels remain stable," he said, adding that the country is currently trading with nearly 80 nations, with plans to expand its reach even further. Speaking to reporters after attending the 'Dialogue with KPK' programme at the Mara Poly-Tech College, Kota Baru here today, the minister also urged plantation operators and smallholders to work closely with the government to ensure the resilience of the national commodities sector on the global stage. He said planters and operators must work with the government to address challenges at the international level. "The European market is increasingly emphasising environmental sustainability and biodiversity-friendly practices in palm oil procurement. "To enter their markets, we must prove that our plantations meet their standards, comply with sustainability principles and preserve biodiversity," he said. Johari said that providing good service and meeting buyer requirements should be a priority to help turn new buyers into long-term customers. "We are asking them to buy more from us, but the service we provide is just as important," he said. — Bernama

Malaysian Reserve

3 hours ago

• Malaysian Reserve

Malaysia exploring new palm oil markets amidst geopolitical conflicts

THE government is exploring new markets for Malaysia's palm oil in an effort to reduce the nation's reliance on major exporting markets affected by geopolitical conflicts. Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said the ongoing Israel-Iran crisis and the Russia-Ukraine conflict have disrupted export shipments to certain zones. 'Malaysia currently exports goods worth RM186 billion annually to global markets, including palm oil, but part of these markets are now considered high-risk due to armed conflicts. 'As such, we are exploring new markets, namely, countries that have yet to purchase Malaysian palm oil or cooking oil. This is crucial to ensure that our export levels remain stable,' he said, adding that the country is currently trading with nearly 80 nations, with plans to expand its reach even further. Speaking to reporters after attending the Dialogue with KPK programme at the MARA Poly-Tech College, Kota Bharu here today, the minister also urged plantation operators and smallholders to work closely with the government to ensure the resilience of the national commodities sector on the global stage. He noted that planters and operators must work with the government to address challenges at the international level. 'The European market is increasingly emphasising environmental sustainability and biodiversity-friendly practices in palm oil procurement. 'To enter their markets, we must prove that our plantations meet their standards, comply with sustainability principles and preserve biodiversity,' he said. Johari added that providing good service and meeting buyer requirements should be a priority to help turn new buyers into long-term customers. 'We are asking them to buy more from us, but the service we provide is just as important,' he said. — BERNAMA

Daily Express

3 hours ago

• Daily Express

M'sia exploring new markets for palm oil amid global conflicts, says Johari

Published on: Saturday, June 21, 2025 Published on: Sat, Jun 21, 2025 By: Bernama Text Size: Plantation and commodities minister Johari Ghani said finding new markets for palm oil is crucial to ensure export of the commodity remains stable. (Bernama pic) KOTA BHARU: The government is exploring new markets for palm oil to reduce the nation's reliance on major exporting markets affected by geopolitical conflicts. Plantation and commodities minister Johari Ghani said the ongoing Israel-Iran crisis and the Russia-Ukraine conflict have disrupted export shipments to certain zones. 'Malaysia currently exports goods worth RM186 billion annually to global markets, including palm oil, but part of these markets are now considered high-risk due to armed conflicts. 'As such, we are exploring new markets, namely, countries that have yet to purchase Malaysian palm oil or cooking oil. This is crucial to ensure that our export levels remain stable,' he said after a programme at the Mara polytechnic college here today. Johari said Malaysia is currently trading with nearly 80 nations, with plans to expand its reach even further. He urged plantation operators and smallholders to work closely with the government to ensure the resilience of the national commodities sector on the global stage. Advertisement 'The European market is increasingly emphasising environmental sustainability and biodiversity-friendly practices in palm oil procurement. 'To enter their markets, we must prove that our plantations meet their standards in complying with sustainability principles and preserve biodiversity,' he said. Johari said providing good service and meeting buyer requirements should be a priority to help turn new buyers into long-term customers. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia