• Paragon Globe shareholders approved the RM 398.11 million sale of 65 acres in Tanjung Kupang to DayOne Data Centers Malaysia I.
• The disposal is expected to generate a RM 187.43 million net gain, reducing gearing to 0.68 times.
• Proceeds include RM 146 million for ongoing projects and rental-income assets, with RM 56 million earmarked for debt repayment.
• Payments received by September 28, 2026, totaled RM 228.91 million, representing 57.5% of the consideration.
• Completion is targeted for the second half of 2027, subject to remaining conditions and regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paragon Globe Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719061) on October 27, 2026, and is solely responsible for the information contained therein.