Paramount gets MOE's nod for education divestment, on the lookout for land

PETALING JAYA (Jan 29): Paramount Corp Bhd will place greater focus on property development following the divestment of its education business, said Paramount Group CEO Jeffrey Chew (pictured) in a statement today, announcing the Ministry of Education’s (MOE) approval for the sale of its controlling equity interest in its pre-tertiary education business to Prestigion Education Sdn Bhd (formerly Two Horses Capital Sdn Bhd).

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Thriving industrial towns

Vibrant industrial activities create jobs, and in turn, demand for accommodation near the workplace, which is why industrial activities can be a major catalyst for development and the growth of the local property market.

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