Paramount records RM157mil in sales for Q1

An artist impression of Utropolis, Glenmarie, Shah Alam

SHAH ALAM:  Known as one of Malaysia's long-standing investment holding companies, Paramount Corp Bhd recorded RM157mil in sales from its property division for the first quarter ended March 31, 2015.

"We are very much on track against our RM400mil target for financial year 2015," said group chief executive officer Jeffrey Chew after the company's 45th annual general meeting on Wednesday.