News about Paramount

PUTRAJAYA (Jan 5): Paramount Blossom Sdn Bhd is collaborating with Fujian Hexinyuantong Investment Co Ltd and China Railway Liuyuan Group Co Ltd to develop a RM650 million property project on 77 acres of land in Seremban, Negeri Sembilan.

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.

SHAH ALAM (Nov 15): Paramount Corp Bhd's (Paramount) property arm has launched its first development in Penang, the 44.

PETALING JAYA (Nov 11): Paramount Property, the property arm of Paramount Corp Bhd (Paramount) has launched the 520-acre Bukit Banyan township — the first hilltop development in Sungai Petani, Kedah.

KUALA LUMPUR (Sept 30): Kerjaya Prospek Group Bhd executive chairman Datuk Tee Eng Ho and his brother Tee Eng Seng, who is the group’s executive director,  have emerged as substantial shareholders in Eastern & Oriental Bhd (E&O).

KUALA LUMPUR (Sept 28): Sime Darby Bhd is reducing the disposal price for its 10% stake in Eastern & Oriental Bhd (E&0) by 5.

KUALA LUMPUR (Aug 25): Paramount Corp Bhd is tying up with a Singapore firm to undertake a proposed hotel development in the former's integrated township, Paramount Utropolis at Glenmarie, Shah Alam.

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).

KUALA LUMPUR (Aug 17): Paramount Corp Bhd’s second quarter net profit soared 70% to RM23.

KUALA LUMPUR (June 6): Eastern & Oriental Bhd (E&O) shares rose as much as 3.