PETALING JAYA: Paramount Corp Bhd
is acquiring three contiguous parcels of leasehold land measuring 48.489 acres at Mukim Bukit Raja, Selangor, from SJ Properties Sdn Bhd for RM113.5mil.
In a filing with Bursa Malaysia, the property developer said the proposed acquisition was in line with Paramount’s strategy of replenishing its land bank at strategic locations with strong growth potential and where Paramount has gained a positive reputational track record.
