Thursday, 16 Jul 2020 07:59 PM MYT
The property developer said its unit, Paramount Property Sdn Bhd , had bought two contiguous pieces of land totalling 1.83 hectares, along with the condominium and serviced apartment buildings on them, for RM243.8 million for the purpose. “The estimated GDV of RM863 million to be generated from the proposed development over a period of five years is expected to further strengthen Paramount’s current total expected GDV of RM6.8 billion to RM7.7 billion and contribute positively to future earnings,” he said.
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