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Paramount, Mitsui Fudosan in JV to develop RM1.3bil GDV residential project

KUALA LUMPUR: Paramount Corp Bhd said it will establish a joint venture with Mitsui Fudosan (Asia) Malaysia Sdn Bhd (MFAM) via the disposal of 122,500 shares or 49% equity in its wholly-owned subsidiary Meridian Kuasa Sdn Bhd (MKSB) to the latter company.

The Star MalaysiaThe Star查看原文 ↗
Paramount与三井不动产合资开发总开发价值13亿令吉的住宅项目

KUALA LUMPUR: Paramount Corp Bhd said it will establish a joint venture with Mitsui Fudosan (Asia) Malaysia Sdn Bhd (MFAM) via the disposal of 122,500 shares or 49% equity in its wholly-owned subsidiary Meridian Kuasa Sdn Bhd (MKSB) to the latter company.

In a filing with the stock exchange, Paramount said following the RM23.06mil cash sale, it would be left with 51% of the equity in MKSB.

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