KUALA LUMPUR: Paramount Corp Bhd
’s wholly-owned subsidiary, Tanah Bayumas Sdn Bhd, has struck a deal to acquire the luxury condominium villas known as Brunsfield Residence and 18,317 sq m of leasehold land from Prismaworld Embassyview Sdn Bhd for RM145mil.
In a filing with Bursa Malaysia, the company announced plans to launch a new development on the acquired land, aiming to replicate the success of its two existing high-end residential projects in the vicinity – The Atrium and The Ashwood.
