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Paramount 3Q net profit drops 81% to RM15.62m

Segmentally, its property division’s pre-tax profit increased 88% to RM28.1 million from RM14.9 million a year earlier, contributed by Utropolis Glenmarie’s serviced apartments in Shah Alam and Utropolis Batu Kawan’s residential and commercial developments.

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Damansara Realty sees departure of two board members

In a filing with Bursa Malaysia yesterday, DBhd said Datuk Daing A. Malek Daing A. Rahaman, 62, was stepping down as executive vice-chairman after expressing his intention to retire from his post at a recent board meeting, saying he is planning to withdraw gradually from all external commitments.

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