Company Profile
Paramount Corporation Berhad, an investment holding company provides property development in Malaysia. Its operations are structured into three segments: Property, Coworking, and Investment and Others.
The Property segment develops and constructs residential and commercial properties; and invests in retail and car park properties. The Coworking segment offers coworking spaces under the Co-labs Coworking brand and incubator-related services
Workspace solutions, such as location sourcing, design, construction, and after-build services under the Scalable brand. The Investment and Others segment invests in campus buildings.
It is also involved in the operation of a fine-dining restaurant under the Dewakan brand. Its portfolio also includes a French restaurant under the Bidou brand, a hotel under the Mercure Kuala Lumpur Glenmarie brand, and building and engineering contracting.
Incorporated in 1969 and headquartered in Petaling Jaya, Malaysia, Paramount Corporation Berhad was formerly known as Malaysia Rice Industries Berhad before rebranding in 1980.