Paramount’s 2Q profit up 70%, plans RM405 mil launches for 2HFY16

KUALA LUMPUR (Aug 18): Property developer and private education operator Paramount Corp Bhd, which announced a 70% increase in its latest quarterly earnings, is planning up to RM405 million new projects and additional phases of existing developments in the second half of the financial year ending Dec 31, 2016 (2HFY16).

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Paramount holds back new launches

KUALA LUMPUR (Sept 1): Paramount Corp Bhd will hold back on launching new projects but will continue to roll out new phases of existing projects, said the group chief executive officer Jeffrey Chew Sun Teong.

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