PETALING JAYA: Paradigm Real Estate Investment Trust (Paradigm-REIT) has signed an underwriting agreement with Maybank Investment Bank Bhd (Maybank IB), CGS International Securities Malaysia Sdn Bhd, and AmInvestment Bank Bhd for its listing on the Main Market.

In a statement, Paradigm-REIT said that while Maybank IB is the principal adviser, lead bookrunner, and sole managing underwriter for the initial public offering (IPO), CGS International and AmInvestment will act as joint bookrunners and joint underwriters. No timeline has been announced for the IPO, at this juncture.