Paramount looks to expedite RM177m in special dividend payout

KUALA LUMPUR (Feb 21): Paramount Corp Bhd wants to expedite the distribution of the RM177 million allocated as special dividend to its investors following the completion of the sale of its controlling equity interest in its pre-tertiary education business to Prestigion Education Sdn Bhd yesterday.

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Giant to exit Sabah and Sarawak

PETALING JAYA (Feb 1): GCH Retail (M) Sdn Bhd, which operates Giant, Cold Storage, Mercato and Jason’s branded hypermarkets and supermarkets, will exit Sabah and Sarawak within the next couple of months as part of the reorganisation of its operations, The Edge Malaysia reported today.

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