Paramount’s KDU stake divestment a good move, say analyst

KUALA LUMPUR (Nov 21): Paramount Corp Bhd’s planned sale of its controlling stake in three KDU education institutions, which may pave the way for the eventual divestment of its entire loss-making tertiary education business, is seen as a “good move” by RHB Research Institute Sdn Bhd analyst Loong Kok Wen.

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FundMyHome is 'no free lunch'

PETALING JAYA (Nov 18): EdgeProp Sdn Bhd chairman Datuk Tong Kooi Ong emphasised that FundMyHome is an alternative scheme that enables homeownership among first time homebuyers in Malaysia and not about giving the group a "free lunch" on the government's dime.

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FundMyHome 'bold and innovative idea', says news portal

KUALA LUMPUR (Nov 17): The news portal Digital News Asia (DNA) has described the FundMyHome platform as a "bold and innovative idea" that could hopefully spark "other established entrepreneurs to think out of the box and come up with their own innovative, boundary pushing ideas on solving market issues".

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