Paramount purchases land to expand Bukit Banyan township
PETALING JAYA (July 7): Paramount Corp Bhd purchased 137.
Paramount looks to expedite RM177m in special dividend payout
KUALA LUMPUR (Feb 21): Paramount Corp Bhd wants to expedite the distribution of the RM177 million allocated as special dividend to its investors following the completion of the sale of its controlling equity interest in its pre-tertiary education business to Prestigion Education Sdn Bhd yesterday.
Paramount gets MOE's nod for education divestment, on the lookout for land
PETALING JAYA (Jan 29): Paramount Corp Bhd will place greater focus on property development following the divestment of its education business, said Paramount Group CEO Jeffrey Chew (pictured) in a statement today, announcing the Ministry of Education’s (MOE) approval for the sale of its controlling equity interest in its pre-tertiary education business to Prestigion Education Sdn Bhd (formerly Two Horses Capital Sdn Bhd).
Paramount plans RM900m property launches, to double co-working space
SHAH ALAM (Aug 28): Paramount Corp Bhd said today the real estate developer is planning new property launches worth some RM900 million in the second half of 2019 to achieve its RM1 billion sales target for the year.
Paramount Corp aims to repeat RM1 billion sales in 2019
PETALING JAYA (March 7): Paramount Corp Bhd will be launching seven projects in northern and central Malaysia with a total GDV of RM1.
Paramount Corp 4Q net profit up 25%, proposes 6 sen dividend
KUALA LUMPUR (Feb 28): Paramount Corp Bhd's net profit rose 24.
Paramount’s KDU stake divestment a good move, say analyst
KUALA LUMPUR (Nov 21): Paramount Corp Bhd’s planned sale of its controlling stake in three KDU education institutions, which may pave the way for the eventual divestment of its entire loss-making tertiary education business, is seen as a “good move” by RHB Research Institute Sdn Bhd analyst Loong Kok Wen.
Paramount Property on track to meet RM1bn sales target
PETALING JAYA (Aug 24): Property developer Paramount Property Development Sdn Bhd is on track to meet its full year sales target of RM1 billion with its 1H2018 sales already hitting RM598 million, said Paramount Corp Bhd group CEO and director Jeffrey Chew at an analyst and fund manager’s briefing for Paramount Corporation’s 1H2018 financial results today.
Meagre savings from SST exemptions unlikely to lower house prices, says property developer
PETALING JAYA (Aug 24): The reintroduction of the Sales and Services Tax (SST), slated in September, is unlikely to reduce house prices despite cost savings of at least 1% to 2% for property developers, said Paramount Corp Bhd group CEO and director Jeffrey Chew.
Paramount sees near-term positive impact from GST removal
SUBANG (May 30): The zero rating of the goods and services tax (GST) that is to take effect from June 1 is seen as a positive for the property market as it would encourage people to buy properties, said Paramount Corp Bhd.
