PETALING JAYA: Benjamin Teo Jong Hian, the son of the late Datuk Teo Chiang Quan, the former chairman of Paramount Corp Bhd, has become a substantial shareholder of Paramount effective from yesterday.
In a statement, Paramount said Benjamin has a total interest of 28.9% in the company pursuant to a transmission of shares, which are registered in the name of Paramount Equities Sdn Bhd, Bunga Indah (M) Sdn Bhd and Rockwills Trustee Bhd Teo Chiang Quan.
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