<div class=newsTextDataWrapInner><p><strong>PARAMOUNT CORPORATION BHD​ (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>PARAMOUNT (Fundamental: 1.4/3, Valuation: 2.6/3) has surged 8.8% to a 3-year high of RM1.85 since posting strong 1Q15 results on May 19. For 1Q15, net profit rose 18.5% y-o-y to RM23.2 million, boosted by higher progressive billings.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The company has ongoing property development projects in the Klang Valley and Sungai Petani with a total Gross Development Value (GDV) of RM2.4 billion. It also provides primary, secondary and tertiary education services via KDU Education Group.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Paramount is targeting to complete its RM227.4 million acquisition of 237.3 acres of land in Salak Tinggi by July 2015, increasing its total GDV for ongoing and future projects to RM9.1 billion. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The stock trades at a trailing 12-month P/E ratio of 11.8 times and 0.8 times book value. A final dividend of 5 sen will go “ex” on June 8, pending shareholder approval. Dividends for FY2014 totalled 7.5 sen, giving a yield of 4.1%.</p></div>

<div class=newsTextDataWrapInner><p><img alt="Paramount_fd_020615_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/Paramount_fd_020615_theedgemarkets.png" style="height:630px; width:500px" /></p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on June 2, 2015.</p></div>


PARAMOUNT CORPORATION BHD​ (-ve)

PARAMOUNT (Fundamental: 1.4/3, Valuation: 2.6/3) has surged 8.8% to a 3-year high of RM1.85 since posting strong 1Q15 results on May 19. For 1Q15, net profit rose 18.5% y-o-y to RM23.2 million, boosted by higher progressive billings.&nbs...

Stock With Momentum: Paramount Corporation

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<p><em><strong>More to come</strong></em></p>
...

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<p>The yen fell amid volatile trade on Friday after the Bank of Japan (BOJ) maintained its accommodative monetary policy stance at the conclusion of its two-day policy meeting, while Asian shares rose in the broader market.</p>
