Paramount Corporation Bhd

Paramount Corporation Berhad, an investment holding company, engages in property development in Malaysia. The company operates through three segments: Property, Coworking, and Investment and Others. The Property segment develops and constructs residential and commercial properties; and invests in retail and car park properties. The Coworking segment offers coworking spaces under the Co-labs Coworking brand and incubator-related services; and workspace solutions, such as location sourcing, design, construction, and after-build services under the Scalable brand. The Investment and Others segment invests in campus buildings. It is also involved in the operation of a fine-dining restaurant under the Dewakan brand; a French restaurant under the Bidou brand; a hotel under the Mercure Kuala Lumpur Glenmarie brand; and building and engineering contracting. The company was formerly known as Malaysia Rice Industries Berhad and changed its name to Paramount Corporation Berhad in 1980. Paramount Corporation Berhad was incorporated in 1969 and is headquartered in Petaling Jaya, Malaysia.