Benjamin Teo emerges as substantial shareholder in Paramount
Teo joined Paramount’s board as an executive director in August 2019, before being appointed as deputy group CEO in September 2021.
Paramount’s 3Q net profit leaps by 100 times on sale of DJ Campus and strong property division improvement
Paramount’s property division recorded revenue of RM225.
Paramount sells rest of stake in education biz for lower price tag of RM120m
Paramount, whose core business is in property development, holds 30.
Paramount Corp sees stronger rebound in property demand in 2H
Its group chief executive officer Jeffrey Chew Sun Teong said that although the lingering economic uncertainties due to higher interest rate and inflation have dented buyer sentiment in general, new property launches planned for the rest of the year extend the group a stronger earnings prospect.
Paramount declares 2.5 sen dividend as 2Q profit jumps with stronger revenue
Paramount's property division recorded a 57% revenue jump to RM197 million from RM125.
Paramount 1Q profit doubles as its property business has fewer operational disruptions
KUALA LUMPUR (May 30): Property developer Paramount Corp Bhd's net profit for the first quarter ended March 31, 2022 (1QFY22) jumped to RM5.
Same-day loan disbursement part of Paramount Corp's digital bank strategy
SHAH ALAM (March 4): Property developer Paramount Corp Bhd has finally revealed its digital banking plans which include same-day loan disbursement and banking product embedment with property transactions, as applications for Bank Negara Malaysia's (BNM) five digital banking licences enter their final stage of approval.
Paramount 4QFY21 net profit jumps to RM24m, proposes three sen dividend
KUALA LUMPUR (Feb 28): Paramount Corp Bhd's net profit for the fourth quarter ended Dec 31, 2021 (4QFY21) surged almost seven-fold to RM24.
Paramount to dispose of Shah Alam land for RM90 mil
KUALA LUMPUR (Nov 30): Paramount Corp has proposed to dispose of a 4.
Paramount expects dampened performance in 3Q amid MCO reinstatement
KUALA LUMPUR (Sept 6): While Paramount had returned to the black in its second quarter ended June 30, 2021 (2QFY21), the group, which has joined a consortium to bid for a digital banking licence, said it is expecting its financial performance to be hampered in the subsequent quarter amid the Covid-19 pandemic and the ensuing lockdowns.
