BFM – Paramount At The Next Stage of Growth
Recent results, saw Paramount Corporation Bhd’s revenue surpass RM1 Billion. What then is their target for 2024 and will property still remain the main focus of the company? Questions we pose to Jeffrey Chew, their Group CEO, whilst asking him why the share is relatively unloved when the valuations are undemanding. Source
Paramount Achieved PBT of RM130.2 Million FY2023; Declared 4 Sen Dividend
Petaling Jaya, 28 February 2024: Paramount Corporation Berhad (Paramount) achieved profit before tax (PBT) of RM130.2 million for FY2023 with a record revenue of RM1.0 billion, which were 24% and 19% respectively higher than that of the previous year. The Group’s profit attributable to ordinary equity holders of the company in FY2023 shot up by 38% […]
Paramount Renews Commitment to “Building Hope” Through Books
Empowering kids for a brighter future Paramount recognizes that having basic skills such as reading and writing can significantly impact a child’s life, creating more opportunities and increasing their chances of success in life. As such, after 2022’s Building Hope Book Donation campaign, Paramount decided to run it again in December 2023 in conjunction with […]
Paramount: Innovate, Take Risks, Elevate
6 January 2024: Paramount Group CEO Jeffrey Chew discards the notion of “If it ain’t broken, don’t fix it”. Despite the property developer’s current success in its core business, he says that it is precisely during periods of prosperity that the company needs to proactively embrace change to stay ahead. https://youtu.be/iJXxFeQztH8 Source
Bina 2,000 Rumah Mampu Milik Penuhi Permintaan
PEMBANGUNAN rumah mampu milik terus menjadi sebahagian daripada usaha Paramount Corporation Berhad untuk menawarkan pemilikan rumah bagi negara ini. Pemaju hartanah tersebut mengunjurkan untuk membangunkan 2,000 rumah mampu milik dengan nilai pembangunan kasar (GDV) kira-kira RM500 juta dalam tempoh lima tahun akan datang. Ketua Pegawai Eksekutif Kumpulan, Jeffrey Chew Sun Teong berkata, kediaman mampu milik […]
Paramount Optimist Sektor Hartanah
Pemaju hartanah, Paramount Corporatioon Berhad optimis dengan prospek hartanah pada tahun ini dengan mengunjurkan pelancaran projek dengan nilai pembangunan kasar (GDV) RM2.4 bilion berbanding kira-kira RM1.1 bilion pada tahun lalu. Bercakap kepada Utusan Malaysia, Ketua Pegawai Eksekutif Kumpulan, Jeffrey Chew Sun Teong berkata, sebanyak 12 projek dijangka dilancarkan sekitar di Lembah Klang dan utara tanah […]
Top Development Stars Awarded
KUALA LUMPUR: The Malaysia Developer Awards (MDA) 2023 returned for the second year to recognise the success of established names in the development industry. The prestigious event was held at M Resort and Hotel and saw 28 recipients being awarded for their achievements through various categories under the Top-of-the-Chart Awards and Special Awards. The Special […]
Paramount Aims 10% Property Sales Growth for 2023
PETALING JAYA: Paramount Corporation Bhd is targeting 10 per cent year-on-year growth for its property development sales to around RM1.2 billion in 2023 compared with RM1.1 billion last year. Group chief executive officer and director Jeffrey Chew Sun Teong said the company is optimistic to achieve the target sales this year given its robust performance during the […]
Paramount’s 1Q2023 PBT up by 60% to RM23.3 million
Profit attributable to shareholders doubled to RM11.6 million Petaling Jaya, 29 May 2023: Paramount Corporation Berhad (Paramount) continued to deliver solid results, with a 60% increase in Profit Before Tax (PBT) at RM23.3 million for the first quarter of 2023 (1Q2022: RM14.6 million) on the back of a 16% percent increase in revenue at RM194.6 million […]
