Paramount Corp corporate strategy & investment head Tracy Gan
KUALA LUMPUR: Paramount Corp Bhd has invested RM10mil in Commerce DotAsia Ventures Sdn Bhd (Commerce.Asia) in line with its strategy to diversify its revenue stream.
In a statement, the group said the investment was made via its wholly-owned investment vehicle Magna Intelligent Sdn Bhd and Magna’s 30%-owned associate Omegaxis Sdn Bhd, which owns the peer-to-peer lending platform Fundaztic.
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