Paramount Corporation Berhad (1724.KL)

1.2600 -0.0300 (-2.33%) At close: 04:50PM MYT

Paramount Corporation Berhad

Uptown 1
Level 8 1, Jalan SS21/58 Damansara Uptown
Petaling Jaya 47400
Malaysia
60 3 7712 3333
https://www.pcb.my

Sector(s): Real Estate
Industry: Real Estate - Development
Full-time employees: 500

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Sun Teong Chew	Group CEO & Executive Director	3.9M	N/A	1966
Mr. Jong Hian Teo	Deputy Group CEO & Executive Director	1.79M	N/A	1989
Mr. Poh Seng Foong	Chief Financial Officer	N/A	N/A	1966
Mr. Chuan Tatt Quah	Group Human Resource Director	N/A	N/A	1966
Ms. Geok Lian Teh B.Sc.	Chief Executive Officer of Education Division	N/A	N/A	1959
Ms. Wai Peng Ng	Secretary	N/A	N/A	N/A
Mr. Siew Pin Chee	Chief Executive Officer of Paramount Property	N/A	N/A	1971
Ms. Lee Kong Tay	Special Projects Director	N/A	N/A	1960

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in MYR.

Description

Paramount Corporation Berhad, an investment holding company, engages in the property development business in Malaysia. It operates in three segments: Property; Coworking; and Investment and Others. The Property segment develops and constructs residential and commercial properties; and invests in retail and car park properties. Its Coworking segment provides co-working spaces and incubator-related services under the Co-labs Coworking and Scalable brands. The Investment and Others segment invests in campus buildings. It also operates club houses, Dewakan fine-dining restaurant, Mercure Kuala Lumpur Glenmarie hotel, and car parks; and is involved in building and engineering contracting. In addition, the company offers hospitality-related, management, and treasury management services. 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 1969 and is based in Petaling Jaya, Malaysia.

Corporate governance

Paramount Corporation Berhad’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.