【PARADIGM 5338 交流专区】

APULA

WCT擬產託上市
2014-02-11 17:19
http://biz.sinchew.com.my/node/89692

（吉隆坡11日訊）WCT控股（WCT，9679，主板建筑組）目前正致力使產業與建築業貢獻各佔半的水平，並放眼2018年後旗下產業出租面積達500萬平方呎和享有豐沛回酬之際，以產業投資信託（REITs）模式來經營與上市。

該公司董事黃毅凱說，目前有170萬平方呎的出租面積，大約2018年首季達到500萬平方呎出租面積目標；若這些出租面積做為豐沛回酬，才考慮是否注入產託方式經營或上市。

他今日在股東特大後說，2016年新山與2018年吉隆坡華聯花園佰樂泰購物廣場（Paradigm Mall）投入營運後，大約可達致上述出租面積，並將視回酬與營運情況邁向產託模式。

他說，目前的產業與酒店管理只有15%循環收益，並把有關收入水平提振至30%至35%。

WCT產業發展的佔營業額至的30%至40%，未來放眼達50%，建築仍是核心業務;產業發展佔營運盈利達30%，作為一家建築公司，另外55%營運盈利貢獻來自建築業。

談到參與雙溪毛糯發展計劃時，他說，WCT控股競標雙溪毛糯發展計劃的基建、土木工程，同時也欲參與該區龐大的發展計劃。

僱員公積金局（EPF）子公司Kwasa置地已鑑定WCT控股為60個合資格參與計劃者之一，以參與該區2千330英畝建城鎮計劃。

他說，集團每年推展大約10億令吉產業計劃，銷售目標則為7億至8億令吉。今年推展的產業計劃多為住宅型的，至於非住宅型商產則透過租金賺取循環收入。

建業業方面每年競標30億至50億令吉建築計劃，主要集中在大馬與卡塔爾。截至2013年9月，未進賬訂單達27億令吉，包括吉隆坡金融區土木工程與多哈內政部大廈工程。

WCT控股目前公司沒有計劃發股籌資，會透過銀行借貸；目前淨負債比低於0.5倍，8億至9億令吉現金在手。

該公司目前也沒有計劃收購更多土地。截至去年4月，WCT置地有2千英畝土地，其中1千英畝以上正進行產業發展地庫，估計可持續10年或以上。

KLIA2料帶來8千萬營收

黃毅凱說，八打靈區的佰樂泰購物廣場（Paradigm Mall）模式將延伸至KLIA2廉航機場，預計每年將貢獻7千萬至8千萬令吉營業額，每年盈利達1千500萬至2千萬令吉；不過需確保成本受控，至少3年才能盈虧持平。

斥資5億3千萬令吉的Gateway@KLIA2，WCT控股獲特許經營權，該綜合運輸樞紐淨出租面積達35萬平方呎。

他指出，廉航機場出租率已達80%，目標是85%至90%，仍有很多潛在租戶洽詢。

他說，KLIA 2廉航機場延宕啟用事最好向大馬機場（AIRPORT，5014，主板貿服組）獲取資訊。

KLIA2廉航基建部份去年7月已由WCT控股完成，並且已獲檢核與批准程序。

他說，公司本身也因延宕，Gateway@KLIA2仍等待機場啟用後正式營運，至於索償問題正在處理中。

WCT控股目前的優先是讓廉航機場順利啟用，其他的索償問題容後再議。

黃毅凱說，目前，WCT正與各方合作，以便使廉航機場早日運作；將按特許經營權的所載條件，處理索償事宜。

較早時，WCT控股股東通過股票回購計劃，目前其公眾持股達58%。（星洲日報／財經）

ttchin

仍然很长很长的时间。。。等。。。

APULA

注入3资产总值20亿 WCT拟设产托明年上市
财经新闻 财经  2014-11-27 11:50
http://www.nanyang.com/node/665072?tid=462

（吉隆坡26日讯）WCT控股（WCT，9679，主板建筑股）探讨明年把三项总值20亿令吉的资产，注入产业投资信托（REITs）后上市，以便释放资产价值。

WCT控股昨天在分析员汇报会上披露，目前正探讨设立一项产业投资信托架构。

“首先，我们计划在明年注入价值20亿令吉的资产，包括永旺BBT购物中心、格拉那再也（Kelana Jaya）的佰乐泰购物广场（Paradigm Mall），以及新廉价航空终站（KLIA2）综合大楼（Gateway@KLIA2）。”

之后，公司将会注入其他资产，如新山佰乐泰购物广场，以及华联花园（Taman OUG）的Paradigm广场。

WCT控股表示，预计收益率达6%，且公司会持有该产托超过50%股权。

公司说，虽然这仍处于初步阶段，但计划让产托在1年内上市。

释放成熟广场价值

对此，券商并不感到意外，因为WCT控股在过去一直积极扩大投资产业组合。

马银行投行指看好该项产托的活动，因为这有助于该公司释放已达成熟阶段的零售广场以及Gateway广场经营权的价值。”

同时，从产托获得的资金，将可减少新购物广场的融资需求。

此外，公司派发股票和特别股息，相信小股东会受惠。

须大股东放行

丰隆投行指：“计划首要注入的三项资产的扣除利息、税务、折旧与摊销前盈利（EBITDA）达1.1亿至1.25亿令吉，预计产业信托总值为18亿至21亿令吉，资本率为6%。我们了解，这三项资产的内在估值超过20亿令吉。”

此外，投行表示，虽然对该项计划感到正面，但也认为公司将面对一些障碍，如向佰乐泰购物广场和Gateway广场其他股东雇员公积金局（EPF）和大马机场（AIRPORT，5014，主板贸服股）取得同意。

同时，也必须向大马机场获得批准，把Gateway广场经营权延长10年，至25年。

ttchin

看來很长很长的时间。。。等。。。

APULA

市况不佳 投资者谨慎 WCT产托延至明年上市
财经新闻 财经  2015-05-20 10:47
http://www.nanyang.com/node/701779?tid=462

（吉隆坡19日讯）首次公开募股（IPO）市况不佳，WCT控股（WCT，9679，主板建筑股）总值20亿令吉的产业信托上市计划，将展延至明年。

WCT副董事经理吴进隆今日出席股东大会时表示，由于市场情绪趋谨慎，因此产托上市计划“不可能”在今年实现。

“我不认为今年可将产托上市，所有人都很谨慎，我们会继续评估市况。”

WCT去年11月透露，计划将雪州的三项总值20亿令吉的零售产业资产，注入产托后上市。

这包括永旺BBT购物中心、柯拉娜再也（Kelana Jaya）的佰乐泰购物广场（Paradigm Mall），以及新廉价航空终站（KLIA2）综合大楼（Gateway@KLIA2）。

虽然产托上市计划展延，但吴进隆强调计划不会告吹，会等待成熟时期。

icy97

IPO Prospectus

PARADIGM REAL ESTATE INVESTMENT TRUST

Subject

PARADIGM REAL ESTATE INVESTMENT TRUST ("PARADIGM REIT") THE OFFERING OF 560,000,000 UNITS IN PARADIGM REIT ("UNITS") ("OFFER UNIT(S)") COMPRISING: (A) RETAIL OFFERING OF UP TO 254,657,500 UNITS IN PARADIGM REIT CONSISTING OF THE FOLLOWING: (i) 194,862,500 OFFER UNITS ("RESTRICTED OFFER UNITS"), TO THE ENTITLED SHAREHOLDERS OF WCT HOLDINGS BERHAD ("WCTH") ("ENTITLED WCTH SHAREHOLDERS") ON THE BASIS OF 1 RESTRICTED OFFER UNIT FOR EVERY 8 EXISTING ORDINARY SHARES IN WCTH HELD BY THE ENTITLED WCTH SHAREHOLDERS ON THE ENTITLEMENT DATE; (ii) 27,795,000 OFFER UNITS, TO THE ELIGIBLE DIRECTORS AND EMPLOYEES; AND (iii) 32,000,000 OFFER UNITS, FOR APPLICATION BY THE MALAYSIAN PUBLIC OF WHICH 16,000,000 UNITS ARE RESERVED FOR APPLICATION BY THE BUMIPUTERA PUBLIC, AT THE RETAIL PRICE OF RM1.00 PER UNIT PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND THE FINAL RETAIL PRICE IF THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE; AND (B) INSTITUTIONAL OFFERING OF AT LEAST 305,342,500 UNITS IN PARADIGM REIT COMPRISING OF THE FOLLOWING: (i) 200,000,000 UNITS ARE RESERVED FOR BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY OF MALAYSIA; AND (ii) THE REMAINING 105,342,500 UNITS TO THE OTHER INSTITUTIONAL INVESTORS AND SELECTED INVESTORS, AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING, IN CONNECTION WITH THE LISTING OF AND QUOTATION FOR 1,600,000,000 UNITS ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3553717

Attachments Paradigm REIT - Prospectus (Part 1).pdf Paradigm REIT - Prospectus (Part 2).pdf Paradigm REIT - Prospectus (Part 3).pdf Paradigm REIT - Prospectus (Part 4).pdf Detailed Procedures for Application and Acceptance.pdf

Opening of application	16 May 2025
Closing of application	23 May 2025
Balloting of application	28 May 2025
Allotment of IPO shares to successful applicants	09 Jun 2025
Tentative listing date	10 Jun 2025

icy97

PARADIGM REAL ESTATE INVESTMENT TRUST - THE OFFERING OF 560,000,000 UNITS IN PARADIGM REIT ("UNITS") ("OFFER UNIT(S)") IN CONNECTION WITH THE LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("OFFERING")
Malaysian Issuing House Sdn Bhd (“MIH”) is pleased to announce that the 32,000,000 Offer Units made available for application by the Malaysian public have been oversubscribed.


A total of 4,408 applications for 79,785,800 Offer Units were received from the Malaysian public, resulting in an overall oversubscription of 1.49 times.



The notices of allotment will be mailed to all successful applicants by 9 June 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3557414

Attachments PARADIGM REAL ESTATE INVESTMENT TRUST - Press Release.pdf

icy97

Initial Public Offering

PARADIGM REAL ESTATE INVESTMENT TRUST

Date of Listing	10 Jun 2025
Enlarged Issued Share Capital in the following
Units	1,600,000,000
Currency	Malaysian Ringgit (MYR)
Par Value (if applicable)
Enlarged Issued Share Capital	1,600,000,000.000
Stock Code	5338
Stock Name	PARADIGM
ISIN code	MYL5338TO007
Board	Main Market
Bursa Sector	REAL ESTATE INVESTMENT TRUSTS
Bursa Sub Sector	REAL ESTATE INVESTMENT TRUSTS
Do you wish to list any child stock / new type of securities in conjunction with the IPO/Admission to LEAP Market?	No

icy97

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

PARADIGM REAL ESTATE INVESTMENT TRUST

Particulars of Substantial Securities Holder

Name	WCT HOLDINGS BERHAD
Address	B-30-01, The Ascent, Paradigm No. 1, Jalan SS7/26A Kelana Jaya Petaling Jaya 47301 Selangor Malaysia.
Company No.	201101002327 (930464-M)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Units
Name of registered holder	WCT HOLDINGS BERHAD AND JELAS PURI SDN BHD
Address of registered holder	WCT HOLDINGS BERHAD B-30-01, The Ascent, Paradigm,No. 1, Jalan SS7/26A,Kelana Jaya,47301 Petaling Jaya,SelangorJELAS PURI SDN BHDB-30-01, The Ascent, ParadigmNo. 1, Jalan SS7/26A,Kelana Jaya,47301 Petaling JayaSelangor

Date interest acquired & no of securities acquired
Date interest acquired	09 Jun 2025
No of securities	1,040,000,000
Circumstances by reason of which Securities Holder has interest	(1) Consideration Units received as a nominee appointed by Gemilang Waras Sdn Bhd and WCT Hartanah Jaya Sdn Bhd (wholly-owned subsidiaries).(2) Deemed interest in Jelas Puri Sdn Bhd pursuant to Section 8 of the Companies Act 2016.
Nature of interest	Direct and Indirect Interest
Total no of securities after change
Direct (units)	810,000,000
Direct (%)	50.625
Indirect/deemed interest (units)	230,000,000
Indirect/deemed interest (%)	14.375
Date of notice	12 Jun 2025
Date notice received by Listed Issuer	12 Jun 2025

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

PARADIGM REAL ESTATE INVESTMENT TRUST

Particulars of Substantial Securities Holder

Name	JELAS PURI SDN BHD
Address	B-30-01, The Ascent, Paradigm No. 1, Jalan SS7/26A Kelana Jaya Petaling Jaya 47301 Selangor Malaysia.
Company No.	200501007697 (684744-H)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Units
Name of registered holder	JELAS PURI SDN BHD
Address of registered holder	JELAS PURI SDN BHDB-30-01, The Ascent, Paradigm,No. 1, Jalan SS7/26A,Kelana Jaya,47301 Petaling Jaya,Selangor

Date interest acquired & no of securities acquired
Date interest acquired	09 Jun 2025
No of securities	230,000,000
Circumstances by reason of which Securities Holder has interest	Consideration Units received from the disposal of Paradigm Mall Petaling Jaya to Paradigm Real Estate Investment Trust.
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	230,000,000
Direct (%)	14.375
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	12 Jun 2025
Date notice received by Listed Issuer	12 Jun 2025