News

Paramount to sell education biz for RM540.5m, pay RM177m special dividend
Paramount to sell education biz for RM540.5m, pay RM177m special dividend

KUALA LUMPUR (June 20): Paramount Corp Bhd is to divest its controlling stake in its K-12 education business for an indicative RM540.5 million in cash, and intends to distribute RM177 million from proceeds of the sale as special cash dividend.

Rolling out soon: CSR projects under Dasar Komuniti Negara
Rolling out soon: CSR projects under Dasar Komuniti Negara

PUTRAJAYA (June 18): The government and the private sector is working to roll out their CSR projects that will enhance the living standards of the B40 group and in People’s Housing Projects (PPR), an initiative under the National Community Policy or Dasar Komuniti Negara (DKN).

Co-work trend: A boon for the office market?
Co-work trend: A boon for the office market?

As the volume of office space in the Klang Valley rises, competition in securing tenants has become more intense.

Paramount ready to expand overseas
Paramount ready to expand overseas

KUALA LUMPUR: Paramount Corp Bhd is currently in talks with potential partners to venture into housing markets abroad in the next five years.

Paramount says planning overseas property venture
Paramount says planning overseas property venture

KUALA LUMPUR (May 29): Paramount Corp Bhd said the group is currently in talks with potential partners for its venture into overseas property markets within the next five years.

百乐园策划进军海外产业市场
百乐园策划进军海外产业市场

(吉隆坡29日讯)百乐园(Paramount Corp Bhd)表示,该集团目前正与潜在合作伙伴,就未来5年内进军海外产业市场进行洽谈。

Paramount Corp 1Q net profit down 11.46% as education division sees lower earnings
Paramount Corp 1Q net profit down 11.46% as education division sees lower earnings

KUALA LUMPUR (May 24): Paramount Corp Bhd’s first quarter net profit dropped 11.46% to RM6.17 million from RM6.96 million a year earlier.

Redevelopment opportunities in PJ Section 13
Redevelopment opportunities in PJ Section 13

SECTION 13 in Petaling Jaya, initially an industrial enclave, expanded in the 1960s to become a bustling area with commercial and residential development activities.