Paramount to buy land for RM78mil

June 2, 2010 |

(The Star, Wednesday, 2 June 2010 – Business & Finance – Page, 5 )

PETALING JAYA: Paramount Corp Bhd plans acquire 50 acres of freehold residential land from Cyberview Sdn Bhd and Setia Haruman Sdn Bhd for RM78.42mil.

The company said it plans to develop a mixed mid-upper to highend guarded landed residential project and a condominium with a gross development value of RM530mil on the land.

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