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July 30, 2015 10:25 PM ET

Real Estate Management and Development

Company Overview of Paramount Corporation Berhad

Company Overview

Paramount Corporation Berhad, an investment holding company, engages in property development, construction, and education businesses in Malaysia. The company develops residential and commercial properties; constructs buildings; invests in and manages properties; and provides engineering and project management services. It also operates club houses and car parks; and private educational institutions that offer national and international, primary and secondary school curricula, and tertiary and post-graduate programs. The company was formerly known as Malaysia Rice Industries Berhad and changed its name to Paramount Corporation Berhad in 1980. Paramount Corporation Berhad was incorporated in 1...

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

Key Executives for Paramount Corporation Berhad

Chairman and Member of Remuneration Committee
Age: 66
Total Annual Compensation: $1.8M
Compensation as of Fiscal Year 2013.

Paramount Corporation Berhad Key Developments

Paramount Corporation Appoints Chew Sun Teong as Chief Financial Officer

Paramount Corporation has appointed Chew Sun Teong as Chief Financial Officer. The effective date is June 08, 2015. Mr. Chew was appointed as the Group Chief Executive Officer of Paramount Corporation Berhad (Paramount) on 1 July 2014. He has 28 years of experience in the banking and finance industry as well as in accounting and tax/auditing. An accountant by training, he started his career at PricewaterhouseCoopers (PwC) where he served for five years. He left PwC in 1991 to join the banking industry with Citibank Berhad for 12 years and OCBC Bank (Malaysia) Berhad for 11 years. Prior to joining Paramount, Mr. Chew was the Chief Executive Officer (CEO) of OCBC Bank (Malaysia), a position that he has held for six years.

Paramount Corporation Appoints Dato Md Taib Bin Abdul Hamid as Director

Paramount Corporation has appointed Dato Md Taib Bin Abdul Hamid as a Director. The effective date is June 08, 2015. Dato' Taib joined the Board of Directors of Paramount Corporation Berhad (Paramount) on 14 November 1994 and was appointed as Chairman of the Board on 20 July 2001. He also serves as a member of the Audit, Nominating, Remuneration and Board Risk Management Committees of Paramount.

Paramount Corporation Berhad Appoints Dato Teo Chiang Quan as Chairman of the Board of Directors

Paramount Corporation Berhad appointed Dato Teo Chiang Quan as Chairman of the board of directors. Dato' Teo joined the board of directors of the company on 19 January 1977. He is also a member of the Company's Remuneration Committee. The date of change is June 8, 2015.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 2, 2015
12 Contiguous Parcel of Freehold Land in Selangor, Malaysia
 

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