PARAMOUNT CORPORATION BHD

KLSE (MYR): PARAMON (1724)

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Last Price

1.06

Today's Change

-0.01 (0.93%)

Day's Change

1.06 - 1.07

Trading Volume

250,500


4 people like this.

1,594 comment(s). Last comment by AhHuat01 1 day ago

hezjing

31 posts

Posted by hezjing > 2016-05-25 17:33 | Report Abuse

I have one dated 12 May 2016.
Anyway, you can private message me your email address & I can share with you.

hezjing

31 posts

Posted by hezjing > 2016-05-25 17:38 | Report Abuse

I found it on the Paramount website:
http://www.pcb.com.my/newsroom/press-coverage/314-paramount-corp-bhd-by-rhb-research

elbrutus

1,457 posts

Posted by elbrutus > 2016-05-25 17:39 | Report Abuse

bros...agm ...got anything nice to announce by d directors or always biasa ..only

sheldon

1,425 posts

Posted by sheldon > 2016-05-26 22:41 | Report Abuse

TQVM hezjing

Posted by Edwardong53 > 2016-05-26 22:43 | Report Abuse

laggard....

hezjing

31 posts

Posted by hezjing > 2016-05-28 09:30 | Report Abuse

I like questions asked by the Minority Shareholder Watchdog (MSWD) in the AGM.
Wondering if they are always there in the past AGM.

sheldon

1,425 posts

Posted by sheldon > 2016-05-28 16:59 | Report Abuse

Yes always. Often their questions are rather academic but occasionally they are pointed. Perhaps the highlights for MWSG is the brunch/lunch spread lol.

hezjing

31 posts

Posted by hezjing > 2016-05-29 23:03 | Report Abuse

At least they asked about the plan of the 54.2 acres of land in Australia.
The land is bigger compared to the Paramount Utropolis which built on the 21.8 acres of land. It would be interesting when Paramount start the development in the future.

hezjing

31 posts

Posted by hezjing > 2016-05-29 23:07 | Report Abuse

Jeffery Chew is also the director of Asian Banking School (ABS),
https://www.asianbankingschool.com/about-abs/board-of-directors

and hopefully he can leverage the experiences in ABS to build the build the accounting and business programs in KDU university college.

Posted by Foo Kelvin > 2016-05-30 22:49 | Report Abuse

Ex-Date Problem?

hezjing

31 posts

Posted by hezjing > 2016-06-26 09:38 | Report Abuse

What's the impact of Brexit on Paramount Education???

hw0706

837 posts

Posted by hw0706 > 2016-07-16 20:21 | Report Abuse

going to announce smothing

hw0706

837 posts

Posted by hw0706 > 2016-07-16 20:21 | Report Abuse

something

hezjing

31 posts

Posted by hezjing > 2016-07-18 20:49 | Report Abuse

You mean the financial results?

hezjing

31 posts

Posted by hezjing > 2016-07-26 13:39 | Report Abuse

Paramount launches Utropolis Batu Kawan, Penang!
See http://launch.utropolis-bk.my/register/

Hk Wong

420 posts

Posted by Hk Wong > 2016-08-18 07:39 | Report Abuse

Financial Summary Announcement - Quarterly rpt on consolidated results for the financial period ended 30/06/2016(PARAMOUNT CORPORATION BHD) PRMS.KL - BMYS


17-Aug-2016 13:09


Company Name : PARAMOUNT CORPORATION BHD
Stock Code : 1724 (RIC : PRMS.KL)
Quarterly rpt on consolidated results for the financial period ended 30/06/2016
Financial End Date : 2016/12/31
Financial Quarter : 2nd Quarter
Financial Column Indicator : C1
Income Statement Header Code : Current Year Quarter
Financial Period from Date : 2016/06/30
Financial Period to Date : 2016/06/30
Revenue : 145306
Investment Income : 0
Other income including Interest Income : 0
Operating Profit/Loss before Int, Dep & Amo, Tax, MI and EI : 0
Interest on borrowings : 0
Depreciation and Amortisation : 0
Exceptional Items : 0
Operating Profit/Loss after Int, Dep & Amo, Tax, MI and EI : 0
Share in results of associated company : 0
Profit/Loss before Taxation, MI and EI : 32870
Taxation : 0
Profit/Loss after Taxation before deducting MI : 0
MI in respect of Profit/Loss after Taxation : 0
Pre-acquisition profit/(loss) : 0
Profit/Loss after Taxation and EI : 25541
Extraordinary Items : 0
MI in respect of EI : 0
Extraordinary Items attributable to S/Holders : 0
Profit/Loss after Taxation : 23912
Basic Net EPS (Sen) : 5.65
Diluted Net EPS (Sen) : 0.00
NTAB per share (RM) : 2.1300
Value Indicator :
Gross Dividend per share (Sen) : 2.50
Dividend description :
Remarks :
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

berjaya

157 posts

Posted by berjaya > 2016-08-18 16:10 | Report Abuse

Give out dividend 2.50 sen good..

hezjing

31 posts

Posted by hezjing > 2016-08-29 21:20 | Report Abuse

Paramount joint venture with Lasseters International Holdings Limited, a Singapore public listed company to develop hotel in Utropolis Shah Alam.

See http://www.bursamalaysia.com/market/listed-companies/company-announcements/5186489

hezjing

31 posts

Posted by hezjing > 2016-08-30 11:01 | Report Abuse

Paramount plans hotel project with Singapore firm
http://www.theedgemarkets.com/my/article/paramount-plans-hotel-project-singapore-firm

graceling

250 posts

Posted by graceling > 2016-09-08 23:46 | Report Abuse

any news

graceling

250 posts

Posted by graceling > 2016-09-09 23:46 | Report Abuse

hello anybody here

hezjing

31 posts

Posted by hezjing > 2016-09-27 14:32 | Report Abuse

Yes, graceling? What news you're looking for? Or just check out the news from Bursa Malaysia website.

graceling

250 posts

Posted by graceling > 2016-10-01 00:37 | Report Abuse

y paramon so quiet

RVI123

660 posts

Posted by RVI123 > 2016-10-10 08:45 | Report Abuse

Anybody know abt the new international school in Klang? Management said the school will start this year.

Hk Wong

420 posts

Posted by Hk Wong > 2016-10-11 15:11 | Report Abuse

http://www.srikdu.edu.my/

Hk Wong

420 posts

Posted by Hk Wong > 2016-10-12 10:06 | Report Abuse

no leg to run

hezjing

31 posts

Posted by hezjing > 2016-10-15 09:13 | Report Abuse

Couldn't find any news about the Sri KDU budget school at Klang.

RVI123

660 posts

Posted by RVI123 > 2016-10-23 22:35 | Report Abuse

Sri KDU Klang will be opened in 2018.

hezjing

31 posts

Posted by hezjing > 2016-10-24 16:16 | Report Abuse

PVI123, can share with us the source that said the Sri KDU Klang will be opened in 2018? At least from http://www.thestar.com.my/business/business-news/2015/09/19/paramounts-education-play/ It says:

"Paramount has plans to set up another Sri KDU facility in Jalan Goh Hock Huat, Klang.
This new school will have a capacity to cater to 1,500 students and is expected to start in 2016."

RVI123

660 posts

Posted by RVI123 > 2016-10-26 22:43 | Report Abuse

hezjing, it is written in Focus Malaysia, Issue 202, Oct 15-21, 2016, "Paramount Firms Up REIT Plan".

"Paramount has also commenced plans on opening a Sri KDU International School in Klang, expected to be completed in 2018."

I could not find the link.

hezjing

31 posts

Posted by hezjing > 2016-10-31 08:11 | Report Abuse

Thanks, RVI123

http://www.theedgeproperty.com.my/content/paramount-eyes-over-10-new-sales-growth

Dated March, 2016: "Earthworks for the new campus in Klang will start in June this year, and construction will take about two years. We expect the school to commence operations in 2019"

Posted by thegoldeneyes007 > 2016-12-20 12:25 | Report Abuse

Hello paramon... Long time no see u.... hik hik

Posted by Kim Chuan Yong > 2017-01-09 09:56 | Report Abuse

Heard on BFM that there is some talk about Paramount planning to selling off their education division to a REIT. Didn't hear which one. Any news?

Hk Wong

420 posts

Posted by Hk Wong > 2017-01-09 10:53 | Report Abuse

Paramount is selling the Education arm to private reit.

Hk Wong

420 posts

Posted by Hk Wong > 2017-01-09 10:55 | Report Abuse

The share price already down to RM1.38. Now is RM1.50.

Posted by goldeneyes007 > 2017-01-09 21:04 | Report Abuse

Hik hik hik... i love u paramon..... ngeeeee

Hk Wong

420 posts

Posted by Hk Wong > 2017-01-10 19:53 | Report Abuse

share suspended

Hk Wong

420 posts

Posted by Hk Wong > 2017-01-10 19:53 | Report Abuse

SUSPENSION OF SECURITIES

PARAMOUNT CORPORATION BERHAD


Type Announcement
Subject SUSPENSION OF SECURITIES

Description PARAMOUNT CORPORATION BERHAD




Paramount Corporation Berhad (the Company) wishes to announce that Bursa Malaysia Securities Berhad (Bursa Securities) has approved the Company's request for suspension of trading of its securities on the Main Market of Bursa Securities on Wednesday, 11 January 2017 from 9.00 a.m. to 5.00 p.m..

The request for suspension was made pursuant to Paragraph 3.1(b) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Securities.

This announcement is dated 10 January 2017.

enid888

581 posts

Posted by enid888 > 2017-01-10 22:19 | Report Abuse

Sales of Sri KDU Kota Damansara and KDU UC in Glenmarie to Private REIT. Realisation of investment properties.

Jay

1,126 posts

Posted by Jay > 2017-01-11 08:11 | Report Abuse

the edge reported a disposal but I heard it's an acquisition instead

sheldon

1,425 posts

Posted by sheldon > 2017-01-11 09:33 | Report Abuse

I'm surprised that sale of its assets can be such bullish news unless Paramount sold it way above its fair value. There would be a future loss of revenue from it.

enid888

581 posts

Posted by enid888 > 2017-01-11 10:05 | Report Abuse

The book values of the two properties are way below the current market price. They had not been revaluated. From the sales to the private REIT, there will be gains on disposal. That is reason it is a positive development to Paramount.

enid888

581 posts

Posted by enid888 > 2017-01-11 10:06 | Report Abuse

It is a intelltgent strategy from the CEO Jeffrey Chew.

sheldon

1,425 posts

Posted by sheldon > 2017-01-11 16:34 | Report Abuse

Looks like they're buying something, not selling.
http://www.thestar.com.my/business/business-news/2017/01/11/paramount-corp-to-buy-66-in-real-education/

balvin71

1,154 posts

Posted by balvin71 > 2017-01-11 16:35 | Report Abuse

Wow!!! RM183 million for REAL. I believe most of REAL education outlet/centre are rented. Need more details on the assets and liabilities of Real Education. If not, would seem like over-paying for REAL. Wonder if this will also be parked in the future REIT.

Hk Wong

420 posts

Posted by Hk Wong > 2017-01-11 16:43 | Report Abuse

is an acquistion

Posted by Kim Chuan Yong > 2017-01-12 08:41 | Report Abuse

According to Edge Financial Daily 12 January 2017, at page Page 5 Home Business, REAL says their profit after tax last year was about RM15 million. Since it's RM183 million for 66% stake, that would mean about 5.4% return (15*0.66/183). Would have liked it more if it was at least 6%. Hope that the synergy from the business produces a lot of growth.

beso

2,137 posts

Posted by beso > 2017-01-13 13:26 | Report Abuse

sooner or later they will call for fund raising,sell……

balvin71

1,154 posts

Posted by balvin71 > 2017-01-14 08:38 | Report Abuse

Kim Chuan Yong, thank you for the info.

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