Posted by BabyAce > 2020-07-20 19:14 | Report Abuse

Buy as low as possible. Those that have no urgent for cash only advisable to consider. Many friends now cash flow problem already. If not later your cash become lesser and lesser. Tough year.

Posted by BabyAce > 2020-07-22 12:31 | Report Abuse

Dividends coming. These days very good for short term trade with some counters with high volatility. Paramount my biggest gem. I hope you can grow up faster.

Posted by pinnaclegrade > 2020-07-22 14:46 | Report Abuse

BabyAce what is your average entry price..

Posted by BabyAce > 2020-07-22 15:07 | Report Abuse

@pinnaclegrade: Mother @ average 0.76, warrants 0.12

Posted by pinnaclegrade > 2020-07-22 15:21 | Report Abuse

powerful hehe

Posted by BabyAce > 2020-07-22 20:08 | Report Abuse

If you guys urgently need money, my advise is don't buy this or you better sell. Reason being all the money is mostly in glove stocks and some selective others. So many stock trend look alike like Paramount dropping. People sell to enter those stocks, so you see drop la. I won't be selling my holdings here. Say already long term hold. Now the market is generally good for short term trading got huge fluctuation daily so I also have extra positions for short term like maybe a few days time frame. Penny stock wise be careful la ya if you want to play because, I saw many traps...Paramount these days as you can see also not moving much...I say this because I fear those that need money urgently then dunno what to do...

Posted by Tashan > 2020-07-23 11:27 | Report Abuse

You're all heart Babyace.

Posted by Bryan Lee > 2020-07-24 14:29 | Report Abuse

Just bought some at 0.85... just hope it will go back to pre MCO price, no need to goreng... one of the best fundamental stocksfundamentals stock

Posted by yokemui > 2020-07-24 15:35 | Report Abuse

BabyAce, what about LBS? Care to share ur expertise/research if you have any, on that counter? I have bought 30 lots of Paramon and looking at other fundamentally strong and undervalued stocks.

Posted by BabyAce > 2020-07-24 15:55 | Report Abuse

@yokemui: LBS dilution too much will affect the EPS of the shares so I don't see it. Then hor LBS no dividends one. So if you ask me Paramount better lar..Up to you lor....Maybe if you want masuk maybe 0.30 or lower...

Others I feel the same as you, I see this Paramount everyday now red, I also a bit no mood haha. I'm also human like you also only. So I move away and concentrate on my other work. If you looking to add, today don't do anything yet la, maybe next week see steady back, then buy bit by bit lar...Again to remind, if you need cash urgently really really don't buy, because there's chance you need to sell at a loss when you need it. Continue do my work...

Posted by pinnaclegrade > 2020-07-24 18:18 | Report Abuse

I believe property counters will follow the property cycle, currently still buyer's market. Overall sentiment is to keep cash, save for rainy day & delay spending. Probably need 2 to 3 years holding power for further capital appreciation. Meanwhile, if price dip to 0.6 to 0.7 levels, can consider average down to dampen the damage.

Posted by JasonTie9199 > 2020-07-26 19:13 | Report Abuse

For me lah i will consider to cut loss first if still drop

Posted by BabyAce > 2020-07-26 19:42 | Report Abuse

Please don't average down, if you ask me honestly la, I will buy average up but not average down...Reason being you won't like to see when you think you buy cheap, it goes even cheaper...something to consider. My early days of gambling in Bursa when I average down is when I make massive losses...Of course if you average down, buy bit by bit, don't one kali masuk oh.

Posted by pinnaclegrade > 2020-07-26 21:29 | Report Abuse

true also, maybe just keep in the freezer & ignore the paper losses. Meanwhile, can use the new funds for other potential growth counters that have positive outlook & thrive during this pandemic times.. (not gloves)
eg. GCB, Hexza & maybe tech stocks if there is a correction coming around August...

Posted by Joycelee > 2020-07-27 20:52 | Report Abuse

Who is the fellow say will drop to 0.6-0.7 lollll, wait so long still din drop to tat level

Posted by BabyAce > 2020-07-28 11:16 | Report Abuse

Don't drop already la, almost near my average buy price of 0.76 already...

Posted by Bryan Lee > 2020-07-30 15:28 | Report Abuse

collected some at 0.85 now waiting for next dividend, good fundamentals stock with consistent dividends!

Posted by KINGCOBRA > 2020-08-03 09:44 | Report Abuse

@Joycelee....don't worry your dreams may come true of getting the price for 70s pretty soon!

Posted by pinnaclegrade > 2020-08-03 10:35 | Report Abuse

paramon dropping badly :(

Posted by Good123 > 2020-08-03 10:36 | Report Abuse

Paramount: To develop RM863m project on prime ‘embassy row’ land in Ampang. Paramount Corporation plans to redevelop two properties in the U Thant enclave of Kuala Lumpur into a premium high-rise residential development with an estimated gdv of RM863m. Paramount Property (Cityview) SB (PPCV), had bought two contiguous pieces of land totalling 1.83ha, along with the condominium and serviced apartment buildings on them, for RM243.8m for the purpose. PPCV today signed agreements with Singapore-listed Wing Tai Holdings Ltd's subsidiaries, Seniharta SB and DNP Jaya SB, to acquire the properties at Jalan Ampang Hilir. The proposed development would comprise about 650 units of condominium. (Bernama)

Posted by Good123 > 2020-08-03 10:37 | Report Abuse

Paramount: Divestment gain of RM460m gives strong boost to 1Q net profit. The divestment gain of RM460.6m from the disposal of Pre-Tertiary Education Group helped to lift Paramount Corp’s net profit for the 1QFY20 to RM466.9m, from RM6.2m a year ago. However, the group’s profit before tax from continuing operations was 51% lower at RM4.3m, from RM8.6m mainly due to the lower contribution from the property division. (The Edge)

Posted by Good123 > 2020-08-03 10:38 | Report Abuse

cash rich paramount is grabbing lands cheaply for development

Posted by Good123 > 2020-08-03 10:38 | Report Abuse

Paramount: Buys 49% stake in Thai property developer. Paramount has purchased a 49% equity interest in a Bangkok-based property development company for THB60.3m (c. RM8.44m), marking its entry into Thai property development. Paramount Group CEO Jeffrey Chew said the company had signed a SPA with Navarang Asset Company Ltd (Navarang Asset) to acquire a 49% equity stake in Navarang Charoennakorn Company Ltd. “This is Paramount’s first venture into property development outside Malaysia.,’’ Chew said. (The Edge)

Posted by Good123 > 2020-08-03 10:46 | Report Abuse

don't miss the golden opportunity to grab it

PARAMON Financial Information

Market Capital (RM)494.63mNumber of Share614.44mEPS (cent)*91.93P/E Ratio0.88ROE (%)35.22Dividend (cent)^6.500Profit Margin (%)11.55y CAGR - Revenue (%)12.25y CAGR - PAT (%)10.7Dividend Yield (%)8.07Dividend Policy (%)0NTA (RM)2.610P/B Ratio0.31YoY Score3


* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
^ Total dividend amount declared for financial year ended 2019-12-31.

Posted by Good123 > 2020-08-03 10:48 | Report Abuse

good news non-stop :)

PARAMON Latest Headline

17 JulQuick take: Paramount’s shares up on land acquisition news

17 JulTrading ideas: Top Glove, Paramount, Ancom, Ni Hsin, Permaju Industries

17 JulParamount buys KL prime land for RM244mil

16 JulTop Glove, Paramount, Ancom Logistics, MyEG, Astral Asia, Ni Hsin and Ireka

16 JulParamount buys land near KLCC from Wing Tai units for RM244m to develop premium...

07 JulParamount purchases land to expand Bukit Banyan township

03 JulVivocom, Anzo, AWC, BTM, Destini, Dufu, FoundPac, HeveaBoard, Kretam, Keck Seng...

30 May售教育业务进账4.6亿
百乐园首季净利飙75倍

29 MayCIMB, HLB, HLFG RHB Bank, Affin Bank, Carlsberg, Guan Chong, PPB Group, Hap...

29 MayDivestment gain of RM460m gives strong boost to Paramount’s 1Q net profit

23 MayInterest in digital banking picks up amid Covid-19

04 MarTrading ideas: Ranhill, Paramount, CBIP, TDM

04 MarParamount targets RM1bil sales in 2020

Posted by Good123 > 2020-08-03 10:49 | Report Abuse

tak pernah rugi in Any financial period :)

PARAMON Quarter Report History

FYNo.RevPBTPATEPSYoYDec201122,1144,263466,95476.647474%Dec194209,62237,43139,1166.4530%Dec193217,09044,28130,3034.9994%Dec192287,43545,22228,4656.5733%Dec191191,44419,1916,1651.4411%Dec184256,76943,69130,0467.0222%Dec183210,53328,79415,6153.6582%Dec182278,36660,78542,3029.88188%

Posted by Good123 > 2020-08-03 10:49 | Report Abuse

dividend pasti bisa/ mesti boleh :)

PARAMON Dividend History

FYEx
DatePay
DateTypeDiv
(Cent)DetailsDec2023 Mar 202023 Apr 2020Special29.00Dec1908 Jul 202023 Jul 2020Final4.50Dec1906 Sep 201925 Sep 2019Interim2.00Dec1819 Jun 201904 Jul 2019Final6.00Dec1805 Sep 201828 Sep 2018Interim2.50Dec1718 Jun 201804 Jul 2018Final6.00Dec1715 Mar 201828 Mar 2018Special7.50Dec1707 Sep 201728 Sep 2017Interim2.50123

Posted by Good123 > 2020-08-03 10:51 | Report Abuse

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER

CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

31 Mar 2020

31 Mar 2019

31 Mar 2020

31 Mar 2019

$$'000

$$'000

$$'000

$$'000

1Revenue

122,114

122,290

122,114

122,290

2Profit/(loss) before tax

4,263

8,625

4,263

8,625

3Profit/(loss) for the period

473,616

12,005

473,616

12,005

4Profit/(loss) attributable to ordinary equity holders of the parent

466,954

6,165

466,954

6,165

5Basic earnings/(loss) per share (Subunit)

76.64

1.03

76.64

1.03

6Proposed/Declared dividend per share (Subunit)

0.00

0.00

0.00

0.00



AS AT END OF CURRENT QUARTER

AS AT PRECEDING FINANCIAL YEAR END

7
Net assets per share attributable to ordinary equity holders of the parent ($$)

2.6100

1.8800

Posted by Good123 > 2020-08-03 10:53 | Report Abuse

net assets per share increased to rm2.61 from rm1.88 after disposal of education biz. now with a smaller stake in education biz

Posted by ray81 > 2020-08-03 11:25 | Report Abuse

Looks like buyer losing, n keep promoting here. Construction sector will drop further this week

Posted by Victor Yong > 2020-08-03 12:01 | Report Abuse

Very thinly traded. Opportunity to grab whenever some retailers sell it , desperate for cash.

Date Close Volume
30/07/2020 0.835 317,400
29/07/2020 0.835 967,000
28/07/2020 0.84 470,200
27/07/2020 0.85 573,900
24/07/2020 0.845 427,700
23/07/2020 0.85 1,386,600
22/07/2020 0.87 388,500
21/07/2020 0.885 635,300
20/07/2020 0.885 320,200
17/07/2020 0.885 791,200
16/07/2020 0.875 231,600
15/07/2020 0.875 657,700
14/07/2020 0.86 1,124,900
13/07/2020 0.885 722,500
10/07/2020 0.895 927,900
09/07/2020 0.90 965,600
08/07/2020 0.91 1,210,700
07/07/2020 0.98 1,998,600
06/07/2020 0.985 1,907,100

Posted by Victor Yong > 2020-08-03 12:11 | Report Abuse

THIRTY (30) LARGEST SHAREHOLDERS@24 Apr 2020

Name of Shareholder
No. of
Shares Held %

1. Paramount Equities Sdn Bhd 154,252,000 25.104
2. Southern Palm Industries Sdn Bhd 52,131,100 8.484
3. Southern Acids (M) Berhad 27,043,100 4.401
4. CIMB Group Nominees (Asing) Sdn. Bhd.
Exempt An For DBS Bank Ltd (SFS-PB)
18,833,500 3.065
5. Bunga Indah (M) Sdn Bhd 16,216,200 2.639
6. Southern Realty (Malaya) Sdn Bhd 14,695,100 2.391
7. Eliyezer Resources Sdn Bhd 8,741,600 1.422
8. Teo Chiang Quan 7,472,500 1.216
9. Chew Sun Teong 6,817,940 1.109
10. Amanahraya Trustees Berhad
Public Smallcap Fund
6,805,400 1.107
11. Ong Keng Siew 5,582,780 0.908
12. Kenanga Nominees (Asing) Sdn Bhd
RHB Securities Singapore Pte. Ltd. For Teo Pek Swan (6Q-31037)
4,991,000 0.812
13. CIMB Group Nominees (Tempatan) Sdn Bhd
Aiiman Asset Management Sdn Bhd For Lembaga Tabung Haji
3,949,400 0.642
14. Eunice Teo Wan Tien 3,691,800 0.600
15. CIMSEC Nominees (Tempatan) Sdn Bhd
CIMB Bank For Teh Wao Kheng (PBCL-0G0168)
3,238,100 0.526
16. Gan Peoy Hong 2,960,880 0.481
17. CIMB Islamic Nominees (Tempatan) Sdn Bhd
CIMB Islamic Trustee Berhad - Kenanga Syariah Growth Fund
2,896,780 0.471
18. Cartaban Nominees (Tempatan) Sdn Bhd
RHB Trustees Berhad For Manulife Investment-HW Shariah Flexi Fund
2,589,580 0.421
19. Citigroup Nominees (Asing) Sdn Bhd
CBNY For Dimensional Emerging Markets Value Fund
2,453,655 0.399
20. Teh Geok Lian 2,389,240 0.388
21. Citigroup Nominees (Tempatan) Sdn Bhd
Great Eastern Takaful Berhad (Credit Takaful PIA)
2,372,620 0.386
22. Mikdavid Sdn Bhd 2,123,100 0.345
23. Gemas Bahru Estates Sdn. Bhd. 2,111,900 0.343
24. Yeo Khee Huat 2,107,000 0.342
25. Amanahraya Trustees Berhad
Public Optimal Growth Fund
2,047,860 0.333
26. Cartaban Nominees (Tempatan) Sdn Bhd
RHB Trustees Berhad For Manulife Investment Shariah Progressfund
2,046,040 0.332
27. UOBM Nominees (Tempatan) Sdn Bhd
Pledged Securities Account For Neoh Choo Ee & Company, Sdn. Berhad
1,960,000 0.318
28. Universal Trustee (Malaysia) Berhad
Kenanga Islamic Fund
1,786,400 0.290
29. UOB Kay Hian Nominees (Asing) Sdn Bhd
Exempt An For UOB Kay Hian Pte Ltd ( A/C Clients )
1,754,130 0.285
30. Citigroup Nominees (Tempatan) Sdn Bhd
Kumpulan Wang Persaraan (Diperbadankan) (Affin Hwng SM CF)
1,689,020 0.274

Posted by BabyAce > 2020-08-03 12:15 | Report Abuse

@Victor Yong: You don't come here pollute my Paramount, you spam more it drop faster. Go back to your Tunepro.

Posted by Good123 > 2020-08-03 13:15 | Report Abuse

its warrant was traded at 135% premium. so much confidence with this company.

PARAMON-WA Overview

Security Code:1724WASecurity Name:PARAMOUNT CORPORATION BERHAD - WARRANTS 2019/2024Type:Company WarrantsBoard:MAINSector:PropertySub-Sector:PropertyListing Date:05 Aug 2019Maturity Date:28 Jul 2024Number of Shares:173,337,846Exercise Price:MYR 1.7900Conversion Ratio:1:1Underlying Stock:

PARAMON

Price Premium (%):135.63Gearing Ratio:8.42

Posted by BabyAce > 2020-08-03 13:17 | Report Abuse

Of course got confidence. You throw more warrants to me, I pick it up quietly.

Posted by Good123 > 2020-08-03 13:40 | Report Abuse

good, something to support for this year and thereafter :)

Paramount Property's pipeline launches for FY2020 is estimated at RM647 million, comprising entirely of residential
properties (including new phases of existing projects). The Group’s total unbilled sales of RM854 million as at 31 March
2020 is expected to contribute positively to the Group’s financial performance in the near future.

Posted by Good123 > 2020-08-03 13:42 | Report Abuse

good to retain a stake or for future disposal at the best price.

Education Division
• The disposal of Paramount’s controlling
equity interests in the pre-tertiary
education business was completed on
20 February 2020 and a gain of
RM460.6 million has been recognised in
1Q2020. Thereafter, the financial results
of this business has been equity
accounted as part of the Group’s profit
after taxation from continuing
operations under the “Investment and
Others” segment as Paramount retains
an effective 20% equity interest in the
pre-tertiary education group.

Posted by Good123 > 2020-08-03 13:46 | Report Abuse

Shareholders' funds has risen to RM1.6bil as at 31.3.2020 from RM1.07bil as 31.3.2019. superb.

Posted by Good123 > 2020-08-03 13:50 | Report Abuse

paramount is also keen on digital bank licence. very interesting indeed. Bank Negara plans to issue up to five digital bank licences.

Last year, technology firm Grab, telco Axiata Group Bhd (which owns e-wallet Boost) and at least five banks — CIMB Group Holdings Bhd, Affin Bank Bhd, Hong Leong Bank Bhd, AMMB Holdings Bhd and Standard Chartered Bank Malaysia Bhd — signalled their interest in pursuing a licence.

Since then, a few more have openly expressed interest, including Sunway Bhd, Green Packet Bhd, gaming firm Razer Inc and Hong Kong-based investment banking firm AMTD Group. Property firm Paramount Corp Bhd and US financial start-up MoneyLion Inc were also reported to be keen.

Posted by Good123 > 2020-08-03 13:53 | Report Abuse

the share price will fly if paramount applies for the digital bank license with a consortium later. hold your shares tightly for now.

Bank Negara plans to issue up to five digital bank licences.

Last year, technology firm Grab, telco Axiata Group Bhd (which owns e-wallet Boost) and at least five banks — CIMB Group Holdings Bhd, Affin Bank Bhd, Hong Leong Bank Bhd, AMMB Holdings Bhd and Standard Chartered Bank Malaysia Bhd — signalled their interest in pursuing a licence.

Since then, a few more have openly expressed interest, including Sunway Bhd, Green Packet Bhd, gaming firm Razer Inc and Hong Kong-based investment banking firm AMTD Group. Property firm Paramount Corp Bhd and US financial start-up MoneyLion Inc were also reported to be keen.

Posted by BabyAce > 2020-08-03 14:38 | Report Abuse

Eh brother Victor, although promote is good, but you promote till look like very desperate.

Posted by Good123 > 2020-08-03 14:57 | Report Abuse

the right person to get the digital banking license for paramount. THIS IS HOW PARAMOUNT CORPORATION’S GROUP CEO JEFFREY CHEW IS PREPARING FOR THE FUTURE

Paramount Corporation’s Group CEO outlines how the company is staying ahead of the game.

Thursday, January 9, 2020 By Editors

It all came as a shock to many when in 2014 Jeffrey Chew left a highly successful career in banking to take up the position as the Group Chief Executive Officer at Paramount Corporation which was an investment holding company that holds interests in completely different sectors: property development and education services.

The move was surprising as Chew had spent most of his 32-year career in the banking sector, half of which was with Citibank. Always up for new challenges, the 53-year-old Chew was up for a new challenge at Paramount.

For inspiration, he loves a quote from Alibaba Group’s co-founder Jack Ma, “When you have $1 million, that’s your money. When you have $10 million, you start to have a problem. When you have $1 billion, that’s not your money, that’s the trust society gave you.”

Posted by Victor Yong > 2020-08-03 15:31 | Report Abuse

Paramount group CEO Jeffrey Chew's banking expertise as the ex-CEO of OCBC Bank (M) Bhd and the founder of Fundaztic.com (Fundaztic), a peer2-peer (P2P) financial platform could come in handy.

It is understood that Paramount has already had some form of engagement with the central bank on the matter.

Posted by Good123 > 2020-08-03 15:33 | Report Abuse

would paramount be reclassified as a tech stock after getting the digital banking license if any later?

Posted by Good123 > 2020-08-03 20:22 | Report Abuse

Paramount is committed to payment of annual dividends. The quantum of dividend will be determined after taking into account, inter alia, the availability of funds, the amount of retained earnings, capital expenditure commitment and other investment planning requirements.

FINANCIAL YEARDIVIDEND NO.DIVIDENDDIVIDEND RATE (SEN)DIVIDEND PAYOUT RATE (%)PAYMENT DATE202062Special Dividend29.0–23-Apr-20201963Final Dividend4.53823-Jul-20201961Interim Dividend2.025-Sep-19201860Final Dividend6.0404-Jul-19201859Interim Dividend2.528-Sep-18201758Final Dividend6514-Jul-18201757Special Dividend7.528-Mar-18201756Interim Dividend2.528-Sep-17201655Final Dividend6.04815-Jun-17201654Interim Dividend2.528-Sep-16201553Final Dividend5.755215-Jun-16201552Interim Dividend2.525-Sep-15201451Final Dividend5.05124-Jun-15201450Interim Dividend2.517-Sep-14201349Final Dividend5.55027-Jun-14201348Interim Dividend2.526-Sep-13201247Final Dividend5.04827-Jun-13201246Interim Dividend3.03-Oct-12201145Final Dividend5.04728-Jun-12201144Interim Dividend5.019-Sep-11201043Final Dividend20.04822-Jun-11201042Special Dividend40.05-Jan-11201041Exempt Dividend11.017-Sep-10Franked Dividend4.017-Sep-10200940Final Dividend9.04216-Jun-10200940Special Dividend6.016-Jun-10200939Interim Dividend8.016-Sep-09200939Special Dividend5.016-Sep-09200838Final Dividend Special Dividend8.0 5.04015-Jun-09200837Interim Dividend8.018-Sep-08200736Final Dividend10.0299-Jun-08200735Interim Dividend Tax Exempt6.028-Sep-07200634Final Dividend Special Dividend7.5 2.51927-Jul-07200633Interim Dividend5.5

Posted by Victor Yong > 2020-08-03 23:30 | Report Abuse

Good to see paramount becoming a tech stock soon after getting the digital banking license if any.

Digital banking licence scene heating up | The Starwww.thestar.com.my › business-news › 2020/03/07 › d...
Mar 7, 2020 - NEW names are emerging in the digital banking sphere even as Bank Negara ... are property firm Paramount Corp Bhd, US-founded financial start-up ... That said, Paramount group CEO Jeffrey Chew's banking expertise as ...

Interest in digital banking picks up amid Covid-19 | The Starwww.thestar.com.my › business-news › 2020/05/23 › i...
May 23, 2020 - RAM Ratings Sophia Lee: We do not expect digital banks to compete ... property firm Paramount Corp Bhd and US-founded financial start-up ...

PARAMON: PARAMOUNT CORPORATION BERHAD (1724 ...www.klsescreener.com › stocks › view
Paramount Corporation Berhad is a Malaysia-based company engaged in ... and FMCG players with strong retail networks for digital banking license.

Interest in digital bank licences picks up | The Edge Marketswww.theedgemarkets.com › article › interest-digital-ba...
Jun 30, 2020 - Property firm Paramount Corp Bhd and US financial start-up MoneyLion Inc were also reported to be keen. According to Lee, the companies ...

Posted by Good123 > 2020-08-04 06:54 | Report Abuse

expecting strong rebound soon, fintech becoming a core biz with digital banking license soon, be patient

Posted by BabyAce > 2020-08-04 07:03 | Report Abuse

Why you come here again? Why not in Tunepro one?

Posted by Good123 > 2020-08-04 08:15 | Report Abuse

@babyace, i don't focus on one stock only for diversifying risk. anyway, no further comment on paramount until digital banking license applied or obtained. all the best to you :)

Posted by Good123 > 2020-08-04 13:05 | Report Abuse

:)

Mr Jeffrey Chew joined Paramount on 1 July 2014 as its Group CEO and was appointed to
the Board on 8 June 2015.
He began his career at PricewaterhouseCoopers in 1987 and thereafter, joined Citibank
Berhad in 1991, leaving as General Manager of Commercial Banking.
In 2003, he joined OCBC Bank (Malaysia) Berhad (OCBC) as Head of SME Businesses, and
was subsequently promoted to Head of Business Banking. He was then appointed Director
and CEO of OCBC in August 2008, a position that he helmed for six years. During his tenure
at OCBC, he also served as a Director of Credit Bureau (Malaysia) Sdn Bhd, Credit Guarantee
Corporation Malaysia Berhad and OCBC Al-
Amin Bank Berhad.
As the Group CEO of Paramount, Mr Chew
is responsible for the management of the
Group’s businesses and ensures that the
Group’s businesses deliver consistent
shareholder value.
Under his management, Paramount has
experienced consistent revenue growth
over the past five years. It has also garnered
numerous awards, including the “Highest
Returns to Shareholders Over 3 Years” for
the Property Sector at The Edge Malaysia
Centurion Club Corporate Awards 2019.
Paramount also rose to 13th place in 2019
for The Edge Property Excellence Awards
rankings, up from 25th place in 2014.
Mr Chew was on the Advisory Committee of
ACCA Malaysia up to 2017. He is currently
an Independent Director and Chairman of
the Audit Committee of the Asian Banking
School and a member of the Small Debt
Resolution Committee of Bank Negara
Malaysia.
Mr Chew attended all five Board meetings
held in the year.
BOARD OF DIRECTORS’ PROFILE
Committee
} Nil
Appointed
} 8 June 2015
Qualification
} Fellow of the Association of Chartered Certified
Accountants (ACCA), United Kingdom
} Fellow of the Asian Institute of Chartered Bankers
} Member of the Malaysian Institute of Accountants