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TA Research remains optimistic about Paramount Corp Bhd's earnings growth, driven by its strong unbilled sales of RM1.6bil and robust property sales momentum.
Paramount Corp Bhd has lowered its guidance on profits contribution from international markets for the medium term.
PETALING JAYA: TA Research is maintaining its "positive" outlook for Paramount Corp Bhd, premised on the group's strong financial year 2024 (FY24) results as well as the scope of its projects.
KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Paramount Corp Bhd has raised its sales target to RM1.5bil in the current financial year ending Dec 31, 2025 (FY25), up from RM1.4bil in FY24.
Paramount Corp Bhd has raised its property sales target to RM1.5bil for the financial year 2025 (FY25), up from RM1.4bil in FY24.
(Reuters) - Media giant Paramount Global's channels, including CBS and Nickelodeon, will be unavailable on YouTube TV starting Thursday after the two companies failed to reach a contract renewal, both parties said.
KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Paramount Corp Bhd's wholly-owned subsidiary Tanah Bayumas Sdn Bhd has struck a deal to acquire the luxury condominium villas known as Brunsfield Residence and 18,317 sqm of leasehold land from Prismaworld Embassyview Sdn Bhd for RM145mil.
KUALA LUMPUR: Paramount Corp Bhd expects its performance in the current financial year to be satisfactory as sales traction in the property segment continues on the back of launches of properties of RM2bil gross development value.
Paramount Corp Bhd remains optimistic that its sales will continue to be strong for the rest of the year, backed by record launch of properties of RM2bil in gross development value for the first nine months of 2024.
Paramount Corp Bhd’s wholly-owned subsidiary, Tanah Bayumas Sdn Bhd, has struck a deal to acquire the luxury condominium villas known as Brunsfield Residence and 18,317 sq m of leasehold land from Prismaworld Embassyview Sdn Bhd for RM145mil.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
NEW YORK, Aug. 13 (Xinhua) -- Paramount Global is restructuring its TV-production business as part of a cost-cutting effort and what the company said were significant changes in the TV and streaming marketplaces.
(Reuters) - Google Cloud, a unit of Alphabet Inc, said on Wednesday that Spotify Technology and Paramount Global are using a new chip that it designed with technology from Arm Holdings to power their streaming services.
LOS ANGELES, Aug. 13 (Xinhua) -- Media and entertainment conglomerate Paramount Global will begin cutting 15 percent of its total U.S.-based workforce starting Tuesday, the company's leadership said in a memo to employees.
Paramount Corp Bhd aims to launch four more projects in the second half of 2024, including new phases of existing developments, with a projected gross development value of RM700mil, says group chief executive officer Jeffrey Chew in a statement.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
(Reuters) - Paramount Global is raising subscription rates for its flagship streaming services, the media giant said on Monday, as it looks to recalibrate its business and pay off debt.
Paramount Global could get cut by Moody’s Ratings to “junk” by the end of the year, after negotiations to potentially sell the company to Skydance Media fell through, research firm CreditSights says in a note.
