PETALING JAYA: Paramount Corp Bhd’s proposal to dispose of its 20% stake in Jerneh Insurance Bhd to an insurance company is a done deal.
“We are happy that it is in the process of being sold. Apart from unlocking value, we can now focus on our core business of property and education,” said executive deputy chairman Datuk Teo Chiang Quan (pic) after the company’s AGM.
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