News about Jeffrey Chew

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.

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.

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.

KUALA LUMPUR (Nov 15): Paramount Corp Bhd, which said yesterday its net profit rose over seven times for the third quarter ended Sept 30, 2017 (3QFY17) following the sale of its Sri KDU campus, has achieved record high property sales of RM633 million for the first nine months of financial year 2017 (9MFY17).

KUALA LUMPUR (Aug 28): At first glance, Paramount Corp Bhd has not had a good start to 2017.

KUALA LUMPUR (May 19): Paramount Corp Bhd is looking at launching RM750 million worth of properties this year, from the initial target of RM600 million, following an impressive sales success in the first quarter of this year (1Q17).

KUALA LUMPUR (May 17): Paramount Corp Bhd’s first quarter ended March 31, 2017 (1QFY17) net profit was 14% lower at RM8.

KUALA LUMPUR (Jan 11): Property developer and education service provider Paramount Corp Bhd requested for its shares to be suspended from trading today, ahead of a material announcement, it said in a filing with Bursa Malaysia yesterday.

KUALA LUMPUR (Dec 13): It has been a relatively quiet year for Paramount Corp Bhd, which initially targeted some RM770 million worth of property launches this year but only achieved RM90 million of that so far as most of its projects were deferred, not surprisingly, due to the soft property market.

KUALA LUMPUR (Feb 26): Paramount Corp Bhd, which saw its full-year 2015 net profit climb 8.