Paramount to sell office towers in PJ for over RM320mil
KUALA LUMPUR: Paramount Corp Bhd is putting up unit Paramount Property’s two Grade A corporate office towers in Petaling Jaya for sale for over RM320 million. The office towers at Atwater in Section 13 sits on a 5.09-acre integrated mixed-use development. Tower A and Tower B, which have eight and 16 floors respectively, are MSC-compliant […]
What’s Driving Paramount’s Share Price Gains?
Paramount Corporation Berhad is a property developer with established townships in Klang Valley, Kedah and Penang. It also ventured into co-working space, owns a hotel in Kuala Lumpur as well as a fine dining restaurant Dewakan, which was recently awarded a Michelin Star. On the education side, the divestment has paved the way for a […]
Paramount Remains Upbeat on Market Outlook
PETALING JAYA: Demand in the local property market has seen a recovery since the start of last year with an increase in sales volume and lower overhang units, says Paramount Corp Bhd. Hence, group chief executive officer Jeffrey Chew said the group has a higher launch target of RM1.5bil this year from RM1.2bil worth of […]
Paramount Corp to Launch RM1.5 bil Worth of Projects in 2023
KUALA LUMPUR (March 1): On the back of achieving record sales of RM1.1 billion in the financial year ended Dec 31, 2022 (FY2022), Paramount Corp Bhd has set out to launch RM1.5 billion worth of projects in FY2023. Speaking at the property developer’s financial results briefing on Wednesday (March 1), Paramount chief executive officer Jeffrey […]
Paramount Proposes 3.5 sen Final Dividend on Top of 12 sen Special Dividend
KUALA LUMPUR: Paramount Corp Bhd has proposed a final dividend of 3.5 sen for the financial year ended Dec 31, 2022 (FY22), on top of the 12 sen special dividend to be paid on March 29, as a reward to its shareholders. In a statement, the developer said the total dividends for FY22 would be […]
Owners of Rumah Selangorku at Kemuning Idaman Receive Keys from Selangor Menteri Besar
Shah Alam, 13 January 2023: Selangor Menteri Besar Dato’ Seri Amirudin bin Shari handed over keys to new owners of Rumah Selangorku Kemuning Idaman at a ceremony this morning. Among the 650 new owners was Lembaga Perumahan dan Hartanah Selangor (LPHS), which had purchased 30 apartments for Skim Smart Sewa. The VIPs present included Selangor […]
Penang Governor Joins 2,500 Participants to Cycle Across Two Bridges on His Birthday
Some 2,500 participants, including Penang Governor Tun Ahmad Fuzi Abdul Razak, took part in the second Penang Fellowship Ride 2023 today. The route took the cyclists across two Penang bridges, beginning with the Penang Bridge (first Penang bridge) and returning via the Sultan Abdul Halim Muadzam Shah Bridge (also known as the second Penang bridge) to […]
Paramount 9M22 Results Exceeds FY21 Results
KUALA LUMPUR: Paramount Corp Bhd’s net profit shot up by 102 times to RM27.2mil in the third quarter ended Sept 30 (3Q22) from a low base of RM267,000 posted in the same quarter last year. Revenue for the quarter more than doubled to RM231.7mil from the RM84.8mil recorded in 3Q21 while earnings per share rose […]
The Next Urban Living Marvel in PJ
THE Atera by Paramount Property is a new transit-oriented development in the mature neighbourhood of Petaling Jaya, with an expected launch date of Q4 2022. Residents can expect amenities to be available nearby and easy access to public transportation, bringing even more convenience to their doorstep. Spanning across 3.909ha (9.66 acres) there will be three […]
