Latest news with #ParadigmMall
Independent Singapore
4 days ago
- Independent Singapore
Singaporean woman's car window was smashed and her luggage was stolen at Paradigm Mall in JB
SINGAPORE: A Singaporean woman is seeking help online after her car was broken into while she was shopping at Paradigm Mall in Johor Bahru, Malaysia. The thieves allegedly absconded with her luggage and backpack on Sunday afternoon (Jun 15). Revealing that the incident took place between 2 p.m. and 5 p.m., Facebook user Julia Lim said that she had parked her car near the lift lobby of the Paradigm Mall car park. She wrote on the My SG Road Trip – Eat, Play, Stay Malaysia! Facebook group: 'Came back to the car to find the window had been smashed and our carry-all and cabin luggage that had been placed in the boot out of sight were gone.' Seeking advice on what to do, she asked, 'Security is here and helped call the police. We have travel insurance, but we're unsure what to do at this point. Should we cancel our staycation to return straight to Singapore or proceed to get the window repaired in JB?' Netizens responding to her post gave her practical tips on what she could do. One Facebook commenter said, 'Send your family to the hotel first, then send the car to a workshop. Leave the car there and get around by Grab. Gather all receipts and claim insurance when back in Singapore.' Another commenter revealed that they had suffered a similar experience themselves. They wrote, 'If you openly opened your boot before going on your trip, someone could've been watching. That happened to us before; we left our bags out of sight, came back, and everything was gone.' Another netizen said, 'You were targeted. If you weren't, they wouldn't have taken anything even if there were valuables inside. Think about what might have made you a target.' Some commenters suggested using magnetic screens to block passersby's view into cars, while others said the driver should better conceal her items in her vehicle in the future. Some users recommended magnetic sunscreens to block out views into the car, while others reminded drivers to never leave any bags or visible items in the vehicle, even if they are empty. One commenter urged Ms Lim to enjoy what remains of her trip. They said, 'Things have already happened, even though it's frustrating. Might as well use the holiday to lift your spirits a little.'
Straits Times
5 days ago
- Straits Times
Singapore woman seeks help after car window smashed, luggage stolen at JB mall
A Singaporean woman had her holiday disrupted after her car was allegedly broken into while parked at Paradigm Mall in Johor Bahru. Her cabin luggage and carry-all bag were reportedly stolen from the vehicle's boot. Stomper Wendy alerted Stomp to a Facebook post by Julia Lim, who shared that the theft occurred near the lift lobby of the mall's carpark between 2pm and 5pm on June 15. Wendy told Stomp: "You might want to publish this to help the victim. Usually, police in Malaysia will only take action if the issue is blown up on social media." Ms Lim wrote in the My SG Road Trip - Eat, Play, Stay Malaysia! Facebook group: "Came back to the car to find the window had been smashed and our carry-all and cabin luggage that had been placed in the boot out of sight were gone." "Security is here and helped call the police. We have travel insurance, but we're unsure what to do at this point. Should we cancel our staycation to return straight to Singapore or proceed to get the window repaired in JB?" Several netizens chimed in with advice and similar experiences. Some suggested she proceed with her trip and enjoy what she can. One suggested: "Send your family to the hotel first, then send the car to a workshop. Leave the car there and get around by Grab. Gather all receipts and claim insurance when back in Singapore." Another advised: "If you openly opened your boot before going on your trip, someone could've been watching. That happened to us before - we left our bags out of sight, came back and everything was gone." Some users recommended magnetic sunscreens to block out views into the car, and others reminded drivers to never leave any bags or visible items in the vehicle, even empty ones. One Facebook commenter added: "You were targeted. If you weren't, they wouldn't have taken anything even if there were valuables inside. Think about what might have made you a target." "Things have already happened, even though it's frustrating," said one netizen. "Might as well use the holiday to lift your spirits a little." Click here to contribute a story or submit it to our WhatsApp Get more of Stomp's latest updates by following us on:
New Straits Times
10-06-2025
- Business
- New Straits Times
Paradigm Reit eyeing three hotels, KLIA gateway
KUALA LUMPUR: Paradigm Real Estate Investment Trust (Paradigm Reit), a local real estate investment trust, plans to acquire three hotels and a commercial gateway over the next three years. The assets are the Hyatt Place Johor Bahru Paradigm Mall, Le Méridien Petaling Jaya, Premier Hotel Klang, and the Gateway@Kuala Lumpur International Airport (KLIA) Terminal 2. Paradigm Reit Management Sdn Bhd's Investment, Finance and Accounts director, Chong Kian Fah said the proposed acquisition would be funded through a 50:50 combination of cash and newly issued Reit units. "We plan to raise the cash portion through medium-term notes (MTNs). Our proposal is to pay the vendor half in cash and half in new Reit units," he said at a press conference following Paradigm Reit's listing ceremony today. Previously, it was reported that the unit trust aims to acquire the three hotels in 2026, and the commercial gateway in 2027 or 2028. The unit trust, which debuted on the Main Market today, opened unchanged from its initial public offering (IPO) price of RM1.00, with 1.73 million shares traded. Meanwhile, in terms of expansion, its executive director and chief executive officer, Chuah Kah Noi said that as the largest Reit presence in Johor Bahru, the team is also looking to acquire more assets in the state, focusing on those that are yield-accretive. She believes that Paradigm Reit is well-positioned to maintain a stable outlook, given the current sales and occupancy levels across its portfolio of assets. "For most shopping malls, what is critical is sales. The more sales you drive to your tenants, the more profitable they will be, and the more likely they are to stay. "Occupancy across our entire portfolio is quite strong. Our asset in Johor Bahru is about 99.3 per cent, in Petaling Jaya it is close to 98 per cent, and Bukit Tinggi Shopping Centre is fully leased at 100 per cent," she said. She added that Paradigm Mall in Johor Bahru as well as Paradigm Mall in Petaling Jaya are expected to continue performing well into next year, benefiting from the Visit Malaysia 2026 campaign and the close collaboration with the Ministry of Tourism, Arts and Culture Malaysia.
The Star
10-06-2025
- Business
- The Star
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.
New Straits Times
05-06-2025
- Automotive
- New Straits Times
VEP centres see surge in Singapore motorists ahead of July 1 deadline
JOHOR BARU: Vehicle Entry Permit (VEP) vendors here are experiencing a surge in demand as Singaporean motorists rush to secure their RFID tags ahead of full enforcement on July 1. A check at a VEP service point in Danga Bay revealed that queues began forming yesterday evening, following Transport Minister Anthony Loke's announcement that Singapore-registered motorists face a RM300 fine from July 1 if they fail to register and activate their VEP before entering Malaysia. Singaporean motorist Samsullah Peer Mohamed said he was shocked to learn about the enforcement. "Since I happened to be in Johor Baru, I rushed here to check the status of my RFID VEP activation," he said, adding that unresolved application issues were causing added stress. Another Singaporean vehicle owner said he had emailed the Road Transport Department (RTD) multiple times regarding his RFID tag application but had yet to receive a reply. He decided to visit the centre directly to seek clarification. There are currently three active VEP centres for Singapore-registered vehicles, the main registration and inquiry hub at TCSens Centre in Danga Bay, as well as outlets at Paradigm Mall and Iskandar Puteri Mall near the Second Link. At these centres, foreign vehicle owners can install, collect, and activate their RFID tags. Previously, two RTD-run VEP centres in Taman Daya and at the RTD Academy in Larkin were closed in October last year due to poor response from Singaporean motorists. Following the latest enforcement announcement, VEP centres are expected to experience heavier traffic in the coming weeks, with Singapore's school holidays coinciding with the final stretch before the July 1 deadline. Under the new ruling, private vehicles from Singapore entering Malaysia without a valid VEP tag will be issued a RM300 compound, payable before exiting the country. The Transport Ministry had previously allowed a nine-month grace period starting from Oct 1 last year. Meanwhile, Johor RTD director Azmil Zainal Adnan said that no Singaporean vehicles would be turned away at the border to avoid congestion. However, offenders will be flagged and required to settle their fines before leaving the country.
