What’s Driving Paramount’s Share Price Gains?

The group has a higher launch target of RM1.5bil this year from RM1.2bil worth of launches last year, said Chew.

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 12 sen special dividend or a one-off yield of more than 10%. YTD, the stock has done well, up 16%. With all this mind, what sort of growth trajectory is Paramount on in the coming years? We speak to Jeffrey Chew, CEO of Paramount Corporation Berhad.