Benjamin Teo emerges as substantial shareholder in Paramount
Teo joined Paramount’s board as an executive director in August 2019, before being appointed as deputy group CEO in September 2021.
Teo joined Paramount’s board as an executive director in August 2019, before being appointed as deputy group CEO in September 2021.
Previously, Budget 2023 was tabled on Oct 7 with a total allocation of RM372.
Paramount’s property division recorded revenue of RM225.
IIB also called upon members of the public to frequently check the Amaran Scam Facebook page by Bank Negara Malaysia, as well as Cyber Crime Alert and Semak Mule by the Royal Malaysia Police (PDRM) for the latest updates.
“The group intends to acquire Wings to utilise the property as a healthcare service facility for its health and wellness treatments and services,” Nexgram said.
Paramount, whose core business is in property development, holds 30.
Gladys Chua, head of sustainability services at RAM Sustainability Sdn Bhd, said green home supply is still at the infancy stage in Malaysia.
Upon the completion of the consolidation, Nexgram will see its number of issued shares to be between 441.
“The new programme looks just like a copy-paste of MM2H and I do not see how it can be attractive for ‘investors’.
Its group chief executive officer Jeffrey Chew Sun Teong said that although the lingering economic uncertainties due to higher interest rate and inflation have dented buyer sentiment in general, new property launches planned for the rest of the year extend the group a stronger earnings prospect.