PARAMON

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF THREE CONTIGUOUS PARCELS OF LEASEHOLD LAND MEASURING IN TOTAL AREA OF APPROXIMATELY 48.489 ACRES SITUATED AT MUKIM BUKIT RAJA, DAERAH PETALING, NEGERI SELANGOR DARUL EHSAN AT A TOTAL CASH CONSIDERATION OF RM113,500,000.00

PARAMOUNT CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
PROPOSED ACQUISITION OF THREE CONTIGUOUS PARCELS OF LEASEHOLD LAND MEASURING IN TOTAL AREA OF APPROXIMATELY 48.489 ACRES SITUATED AT MUKIM BUKIT RAJA, DAERAH PETALING, NEGERI SELANGOR DARUL EHSAN AT A TOTAL CASH CONSIDERATION OF RM113,500,000.00

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement reference no. GA1-16122025-00021 dated 17 December 2025 in relation to the Proposed Acquisition.

 

Reference is made to the Company's announcement dated 17 December 2025 in respect of the Proposed Acquisition.

 

The Board of Paramount is pleased to announce that the Balance Sum of RM102,150,000.00 in relation to the Proposed Acquisition has been settled on 18 September 2026, marking the completion of the Proposed Acquisition on even date.

 

This announcement is dated 18 September 2026.



Announcement Info

Company Name PARAMOUNT CORPORATION BERHAD
Stock Name PARAMON
Date Announced 18 Sep 2026
Category General Announcement for PLC
Reference Number GA1-17122025-00042


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