Paramount emerges as major shareholder in EWI

Paramount Corporation Bhd Group CEO Jeffrey Chew Sun Teong.

THERE’S no doubt that property developer Paramount Corp Bhd has been gaining traction to becoming a well-established developer that has much in its portfolio to showcase.

So, in the grand scheme of expansion, the announcement of it acquiring a 21.54% stake in Eco World International Bhd (EWI) yesterday wouldn’t have come as a surprise to many.