KUALA LUMPUR (March 5): Paramount Corp Bhd (KL:PARAMON) is aiming for higher property sales this year and is confident that its margins will withstand cost pressures amid Middle East tensions. Paramount sold RM1.03 billion worth of properties in 2025. Last year, Paramount launched five projects worth RM808 million in gross development value combined in Penang, Kedah and Selangor. The group currently holds about RM900 million worth of such assets, which generate relatively low returns of about 1% ROE (return on equity), he said. We want to reinvest it into property development, which can generate higher returns compared with the low ROE we are getting now,” he said.

Source: The Edge Markets March 05, 2026 07:57 UTC