News about Paramount

The shift could free up cash as fewer funds are being channelled back to its property development activities, Chew said.

The group declared a third interim dividend of 1.

Nestled along the Chao Phraya River, Na Reva offers panoramic views of one of Asia’s great rivers – hence the tagline of the development: Where your eyes are always on the Chao Phraya River.

The real estate developer said its wholly owned unit, Tanah Bayumas Sdn Bhd, has signed a sale and purchase agreement (SPA) with Prismaworld Embassyview Sdn Bhd to purchase the land and six blocks of five-storey condominium buildings with a sub-basement one-storey car park, according to a filing on Thursday.

“By linking this sukuk wakalah to specific sustainability targets, we are taking a bold step forward by ensuring that our financial activities support our business goals while contributing positively to environmental and social objectives,” Teo said.

Who says you have to forgo tranquillity if you choose to live in the heart of the city? Head to the exclusive precinct of U-Thant, Kuala Lumpur, just a stone’s throw from the iconic KLCC Twin Towers, and meet the jewel in the crown of lavish living: The Ashwood.

Paramount chief executive officer Jeffrey Chew Sun Teong: “We have grown five times over the last ten years and reached RM1 billion in sales.

Upon completion of the acquisition, Flexsis will emerge as the second largest shareholder in EWI, after Eco World Capital (International) Sdn Bhd with a 27%.

Revenue rose 19.

Quarterly revenue rose 26.