What's Driving Paramount's Share Price Gains?

Jeffrey Chew, CEO, Paramount Corporation Berhad

02-Mar-23 08:00

What's Driving Paramount's Share Price Gains?

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Paramount Corporation Berhad is a property developer with established townships in Klang Valley, Kedah and Penang. It also ventured into co-working space, owns a hotel in Kuala Lumpur as well as a fine dining restaurant Dewakan, which was recently awarded a Michelin Star. On the education side, the divestment has paved the way for a 12 sen special dividend or a one-off yield of more than 10%. YTD, the stock has done well, up 16%. With all this mind, what sort of growth trajectory is Paramount on in the coming years? We speak to Jeffrey Chew, CEO of Paramount Corporation Berhad.

Produced by: Sim Wie Boon

Presented by: Chong Tjen San

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Categories: property, Corporates

Tags: property, paramount corp, real estate development,

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