- Apart from being a property developer mainly in northern Peninsular Malaysia, Paramount is involved in education business under its KDU brandname, and has a strategic 20% stake in Jerneh Insurance (the remaining 80% is owned by Jerneh Asia).
- The potential disposal of the Jerneh stake is likely to yield a cash flow of RM120m (assuming 2.2x book), translating into about RM1 per share.
RHB Equity 360° - 25 August 2010 (Paramount, Media, MPI, Gent Msia, TNB, Axis REIT, IOI, MRCB, Sunway, Park...
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