June 19, 2013 11:18 AM ET

Real Estate Management and Development

Company Overview of Paramount Corporation Berhad

Company Overview

Paramount Corporation Berhad, an investment holding company, engages in the property development and investment, construction, and education businesses in Malaysia. It develops residential and commercial properties; constructs buildings; and provides project management and engineering services, as well as engages in infrastructure, high-rise, school, and other public works. The company also operates private educational institutions, including a smart college with campuses in Petaling Jaya and Penang, which offers a range of programs at certificate, diploma, degree, and masters levels; and private smart schools that provide primary and secondary education services, as well as offers executive...

Detailed Description

Uptown 1

Level 8

1, Jalan SS21/58

Damansara Uptown

Petaling Jaya,  47400

Malaysia

Founded in 1969

Phone:

60 3 7712 3333

Fax:

60 3 7712 3322

www.pcb.com.my

Key Executives for Paramount Corporation Berhad

Deputy Executive Chairman and Acting Group Chief Executive Officer
Age: 63
Total Annual Compensation: $1.6M
Compensation as of Fiscal Year 2012.

Paramount Corporation Berhad Key Developments

Paramount Corporation Berhad Announces the Cessation of Office of Geh Cheng Hooi as Independent & Non Executive Member of Audit, Nominating, Remuneration and Board Risk Management Committees
Jun 10 13

Paramount Corporation Berhad announced that Mr. Geh Cheng Hooi has ceased to be a member of the Audit, Nominating, Remuneration and Board Risk Management Committees of the company following his cessation of office as a Director of the company with effect from the date June 10, 2013.

Paramount Corporation Berhad Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013
May 22 13

Paramount Corporation Berhad reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company has posted revenue of MYR 110,480,000 against MYR 104,279,000 a year ago. Operating profit was MYR 20,675,000 against MYR 18,950,000 a year ago. Profit before tax was MYR 20,448,000 against MYR 19,087,000 a year ago. Profit for the period was MYR 14,747,000 against MYR 13,403,000 a yea ago. Total profit attributable to owners of the Parent was MYR 14,747,000 or 4.37 sen basic per share against MYR 13,403,000 or 3.97 sen basic per share a year ago. Net cash used in operating activities was MYR 18,730,000 against MYR 19,000 a year ago. Purchase of property, plant and equipment was MYR 7,502,000 against MYR 4,576,000 a year ago.

Paramount Corporation Berhad, Annual General Meeting, Jun 10, 2013
May 16 13

Paramount Corporation Berhad, Annual General Meeting, Jun 10, 2013., at 10:30 Singapore Standard Time. Location: Saujana Ballroom, the Saujana Hotel Kuala Lumpur. Agenda: To receive and consider the Audited Financial Statements for the year ended 31 December 2012 together with the Reports of the Directors and the Auditors thereon; to approve the declaration of a single-tier final dividend of 5 sen per share in respect of the year ended December 31, 2012; to consider the re-election and resignation of Directors; to re-appoint Messrs Ernst & Young as Auditors of the company and to authorize the Directors to fix their remuneration; to authorize to Directors to issue shares; to consider amendments to the Articles of Association of the company.

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