News about Paramount

The passing of Datuk Teo Chiang Quan, chairman and executive director of Paramount Corp Bhd on May 24, has left Malaysian corporate and property development sector players in a state of shock and despair.

KUALA LUMPUR (May 26): The late Datuk Teo Chiang Quan (pictured), the chairman cum executive director of property developer Paramount Corp Bhd who passed away at age 72, will be greatly missed for his humility and leadership, says the Federation of Methodist Schools Alumni Associations Malaysia (FMSAAM).

KUALA LUMPUR (May 25): Gagasan Nadi Cergas Bhd has won contracts totalling RM385 million from Paramount Corp Bhd to build 2,005 units of high-rise affordable homes in Selangor.

PETALING JAYA (May 25): Datuk Teo Chiang Quan was a leader that led by example, said Datuk Seri Michael Yam (pictured), senior independent non-executive director of Paramount Corp.

After battling for 21 days, Paramount Corporation Bhd chairman and executive director Datuk Teo Chiang Quan passed away today due to complications from Covid-19.

PETALING JAYA (May 22):  Paramount Corp’s move to digitise its existing operations as well as the exploration of other digital opportunities is a natural progression, CEO Jeffrey Chew (pictured) told The Edge Malaysia in a special report this week.

PETALING JAYA (April 15): Paramount Corp Bhd is investing in a peer-to-peer (P2P) financing platform by acquiring a 30% stake in Omegaxis Sdn Bhd for RM13.

KUALA LUMPUR (March 3): The current low interest rate environment bodes well for the property market due to lower borrowing costs, says Paramount Corp Bhd group chief executive officer Jeffrey Chew (pictured).

KUALA LUMPUR (Feb 26): Paramount Corp Bhd’s net profit slumped 81.

KUALA LUMPUR (Nov 28): Paramount Corp Bhd returned to the black with a net profit of RM19.