Paramount Corp secures "Gold" rating from MARC for sustainability-linked financing framework

Paramount deputy group chief executive officer and designated sustainability officer Benjamin Teo

PETALING JAYA: Paramount Corp Bhd has received the “Gold” assessment from MARC Ratings Bhd (MARC) for its Sustainability-Linked Financing Framework.

In a statement, the property developer said the framework sets out the guiding principles for Paramount’s issuance of Sustainability-Linked Islamic Medium Term Notes to achieve sustainability performance targets in relation to selected key performance indicators (KPIs).