Boustead sees RM527 mil windfall from land sale to S P Setia
KUALA LUMPUR (Dec 23): Boustead Plantations Bhd, which is selling five adjoining plots of freehold land in Penang for RM620.
Boustead Plantations said to be seller of Seberang Perai land to S P Setia
KUALA LUMPUR (Nov 11): S P Setia Bhd, which had on Wednesday announced that it had won a tender to purchase 1,675-acre piece of land in Seberang Perai Utara, Penang for RM620 million, is purchasing it from Boustead Plantations Bhd, sources told The Edge Financial Daily.
Paramount Property launches Sg Petani’s first hilltop development
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.
S P Setia to develop township in Seberang Perai following successful bid for site
PETALING JAYA (Nov 9): S P Setia Bhd is planning to develop an eco-themed mixed development township on a recently acquired site in Seberang Perai Utara in Penang.
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).
Paramount’s 1Q earnings tumble 58.21% on lower property sales
KUALA LUMPUR (May 12): Property developer Paramount Corp Bhd saw its net profit plunge 58.
OSK Property aims high
“INTEGRATED property” seems to be the favourite phrase of OSK Property Holdings Bhd CEO Ong Ghee Bin during an interview with City & Country.
Paramount sets higher sales target for 2016 despite slowdown
KUALA LUMPUR (Feb 26): Paramount Corp Bhd, which saw its full-year 2015 net profit climb 8.
Paramount to double property launches in 2016 to RM770m
KUALA LUMPUR (Feb 25): Paramount Corp Bhd is doubling its property launches this year to RM770 million, from RM313 million in 2015, and aiming to have RM480 million new sales for the financial year ending Dec 31, 2016 (FY16).
OSK Property to launch first overseas venture this year
PETALING JAYA (Feb 20): OSK Property Holdings Bhd (OSK Property), which merged with PJ Development Holdings Bhd last year, will launch its first project abroad in Melbourne, Australia this year.
