Paramount hits RM1bil revenue in FY23; declares 4 sen dividend


Paramount Corp Bhd CEO Jeffrey Chew

KUALA LUMPUR: Paramount Corp Bhd will launch seven projects (including new phases of existing projects) in 2024 with a projected gross domestic product (GDV) of RM2.4bil at its existing project locations in Penang, Kedah and the Klang Valley.

The three largest launches (in GDV) for the financial year ending Dec 31, 2024 (FY24) are The Ashwood (high rise condominiums, duplexes, and low-rise villas at the prestigious U-Thant enclave in Kuala Lumpur), Phase 2 of The Atera and a new phase of high rise residential development with commercial components at Utropolis Batu Kawan, Penang.

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Paramount , GDV , Property , dividend , Jeffrey Chew

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