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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