DailySpaceParamount Corporation Berhad
1724 · Main Market主板 · annual reports 2023 to 2025, 2236 entries read2023 至 2025 年报，共读出 2236 条
The company这家公司
Paramount's core business is property development under the Paramount Property brand, with projects in Kedah, Penang, Selangor and Kuala Lumpur, alongside a 49% equity venture in Bangkok. The group also runs coworking spaces under Co-labs Coworking and the design-and-build business Scalable Malaysia, and launched the restaurant Bidou in 2025.Paramount 的核心业务是以 Paramount Property 品牌从事房产开发，项目分布在吉打、槟城、雪兰莪和吉隆坡，并在曼谷拥有一家持股 49% 的合资企业。集团还经营 Co-labs Coworking 联合办公空间及设计与施工业务 Scalable Malaysia，并于 2025 年开设 Bidou 餐厅。
Source: annual report 2025, pages 5, 10, 19.出处：2025 年年报第 5、10、19 页。
The group holds a 21.5% equity interest in EWI Capital Berhad and acquired a 28% equity interest in Envictus International Holdings Limited in 2025. Paramount divested its pre-tertiary education business and agreed to sell its remaining 30% equity stake in tertiary education to UOWM Sdn Bhd, while sub-leasing two campuses in Shah Alam and Batu Kawan.集团持有 EWI Capital Berhad 21.5% 股权，并于 2025 年收购了 Envictus International Holdings Limited 28% 股权。Paramount 脱售了学前及中小学教育业务，并同意将所余 30% 高等教育股权出售给 UOWM Sdn Bhd，同时转租位于莎阿南和峇都交湾的两处校舍。
Source: annual report 2024, page 7; annual report 2025, pages 11, 85.出处：2024 年年报第 7 页；2025 年年报第 11、85 页。
Property development provides the majority of revenue, contributing approximately 95% of group revenue in 2023. In 2025, sale of properties under construction brought RM780,689,000 and sale of completed properties brought RM107,386,000 out of total revenue of RM946,872,000. Group revenue and non-current assets are mainly attributed to Malaysia, with no single customer exceeding 10% of total revenue.房产开发贡献了大部分营业额，在 2023 年约占集团营业额的 95%。2025 年，在总营业额 RM946,872,000 中，在建房产销售带来 RM780,689,000，已完工房产销售带来 RM107,386,000。集团营业额与非流动资产主要归属于马来西亚，没有单一客户占总营业额超过 10%。
Source: annual report 2023, page 86; annual report 2025, pages 72, 103.出处：2023 年年报第 86 页；2025 年年报第 72、103 页。
Paramount Equities Sdn. Bhd. held 154,252,000 shares (24.768%) and Southern Palm Industries Sdn. Bhd. held 52,131,100 shares (8.370%) in the 2025 report. RHB Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account For Wong Chong Ngin held 5,245,000 shares (0.842%). The directors' profiles state that none of the directors has any family relationship with any other director or major shareholder.在 2025 年报中，Paramount Equities Sdn. Bhd. 持有 154,252,000 股（24.768%），Southern Palm Industries Sdn. Bhd. 持有 52,131,100 股（8.370%）。RHB Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account For Wong Chong Ngin 持有 5,245,000 股（0.842%）。董事简介载明，无任何董事与其他董事或主要股东存在亲属关系。
Source: annual report 2025, pages 34, 106, 107.出处：2025 年年报第 34、106、107 页。
Benjamin Teo Jong Hian was redesignated from Deputy Group Chief Executive Officer to Deputy Chairman on 20 August 2025, and Beh Chun Chong was appointed Deputy Group Chief Executive Officer on 4 September 2025. Yoong Sin Min joined the board as an Independent Non-Executive Director on 1 July 2025, while Fatimah Binti Merican resigned on 12 March 2025.Benjamin Teo Jong Hian 于 2025 年 8 月 20 日由副集团首席执行员调任为副主席，Beh Chun Chong 于 2025 年 9 月 4 日获委任为副集团首席执行员。Yoong Sin Min 于 2025 年 7 月 1 日加入董事会担任独立非执行董事，而 Fatimah Binti Merican 于 2025 年 3 月 12 日辞任。
Source: annual report 2024, page 25; annual report 2025, pages 14, 32, 35.出处：2024 年年报第 25 页；2025 年年报第 14、32、35 页。
Property launches by type, 20242024 年各类型房产推介占比
Source: annual report 2024, page 22.出处：2024 年年报第 22 页。
Major events大事记
Source: annual report 2023, page 156.出处：2023 年年报第 156 页。
Source: annual report 2023, pages 154, 194.出处：2023 年年报第 154、194 页。
Source: annual report 2024, pages 161, 194.出处：2024 年年报第 161、194 页。
Source: annual report 2024, pages 171, 177.出处：2024 年年报第 171、177 页。
Source: annual report 2024, pages 29, 194.出处：2024 年年报第 29、194 页。
Source: annual report 2025, pages 85, 103.出处：2025 年年报第 85、103 页。
Source: annual report 2025, page 96.出处：2025 年年报第 96 页。
Source: annual report 2025, page 103.出处：2025 年年报第 103 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, borrowings and equity资产、借款与权益
20232023 年
Operating activities generated net cash of RM298,221,000. Investing activities used RM92,077,000, including RM79,249,000 for land held for property development, RM16,308,000 for investment properties, and RM9,534,000 for property, plant and equipment, while disposals brought RM9,230,000 from investment properties and RM5,659,000 from assets held for sale. Financing activities used RM361,084,000, as repayments of borrowings of RM506,876,000 exceeded drawdowns of RM296,195,000. Dividends paid totaled RM115,204,000, which included a 12.00 sen special dividend of RM74,727,000, and PDS distributions took RM11,809,000. Cash and cash equivalents fell by RM154,940,000 to RM141,871,000.营运活动产生现金净额 RM298,221,000。投资活动动用 RM92,077,000，包括用于持作房产开发土地的 RM79,249,000、投资产业的 RM16,308,000 以及物业、厂房及设备的 RM9,534,000，而脱售投资产业带来 RM9,230,000，脱售持作待售资产带来 RM5,659,000。融资活动动用 RM361,084,000，偿还借款 RM506,876,000 超过了提取借款 RM296,195,000。支付股息总计 RM115,204,000，其中包括每股 12.00 仙的特别股息 RM74,727,000，PDS 分派支出 RM11,809,000。现金及现金等价物减少 RM154,940,000 至 RM141,871,000。
Source: annual report 2023, pages 78, 97, 165.出处：2023 年年报第 78、97、165 页。
20242024 年
Operating activities generated net cash of RM386,456,000. Investing activities used RM316,273,000, primarily for the RM170,610,000 purchase of a quoted investment, alongside RM98,863,000 for land held for property development, RM59,855,000 for investment properties, and RM11,406,000 for property, plant and equipment, while receiving RM31,020,000 in dividends from an associate. Financing activities used RM88,205,000, with borrowings drawn of RM526,280,000 and repayments of RM384,085,000. The company redeemed RM150,000,000 of PDS, paid distributions of RM11,858,000, and paid RM62,275,000 in dividends to shareholders. Cash and cash equivalents decreased by RM18,022,000 to RM123,849,000.营运活动产生现金净额 RM386,456,000。投资活动动用 RM316,273,000，主要是用于以 RM170,610,000 购买上市投资，此外用于持作房产开发土地 RM98,863,000、投资产业 RM59,855,000 以及物业、厂房及设备 RM11,406,000，同时自联营公司收到股息 RM31,020,000。融资活动动用 RM88,205,000，其中提取借款 RM526,280,000，偿还借款 RM384,085,000。公司赎回了 RM150,000,000 PDS，支付分派 RM11,858,000，并向股东支付股息 RM62,275,000。现金及现金等价物减少 RM18,022,000 至 RM123,849,000。
Source: annual report 2024, page 97.出处：2024 年年报第 97 页。
20252025 年
Operating activities generated net cash of RM195,715,000. Investing activities used RM217,494,000, including RM132,035,000 for land held for property development, RM126,368,000 for investment in an associate, RM17,666,000 for investment in real estate portfolio, and RM10,772,000 for property, plant and equipment, against RM81,180,000 proceeds from disposal of investment properties. Financing activities generated net cash of RM154,283,000, with borrowings drawn of RM630,632,000 against repayments of RM382,548,000. The company redeemed RM50,000,000 of PDS, paid distributions of RM2,325,000, and paid RM28,025,000 in dividends to shareholders. Cash and cash equivalents rose by RM132,504,000 to RM256,353,000.营运活动产生现金净额 RM195,715,000。投资活动动用 RM217,494,000，包括用于持作房产开发土地 RM132,035,000、联营公司投资 RM126,368,000、房地产组合投资 RM17,666,000 以及物业、厂房及设备 RM10,772,000，而脱售投资产业获得款项 RM81,180,000。融资活动产生现金净额 RM154,283,000，提取借款 RM630,632,000，偿还借款 RM382,548,000。公司赎回了 RM50,000,000 PDS，支付分派 RM2,325,000，并向股东支付股息 RM28,025,000。现金及现金等价物增加 RM132,504,000 至 RM256,353,000。
Source: annual report 2025, page 56.出处：2025 年年报第 56 页。
Across the three years三年合看
Operating activities provided positive cash flow across the three years, generating RM298,221,000 in 2023, RM386,456,000 in 2024, and RM195,715,000 in 2025. The group invested in external equities by spending RM170,610,000 on a quoted investment and RM126,368,000 on an associate, while redeeming PDS of RM150,000,000 in 2024 and RM50,000,000 in 2025. Total borrowings moved from RM814,264,000 in 2023 to RM988,658,000 in 2024 and RM1,213,104,000 in 2025. Dividends paid to shareholders were RM115,204,000 in 2023, RM62,275,000 in 2024, and RM28,025,000 in 2025.三年来营运活动均提供正现金流，2023 年产生 RM298,221,000，2024 年产生 RM386,456,000，2025 年产生 RM195,715,000。集团投资外部股权，在一项上市投资上支出 RM170,610,000，在联营公司上支出 RM126,368,000，同时在 2024 年赎回 RM150,000,000 及 2025 年赎回 RM50,000,000 的 PDS。总借款从 2023 年的 RM814,264,000 增至 2024 年的 RM988,658,000 及 2025 年的 RM1,213,104,000。向股东支付的股息在 2023 年为 RM115,204,000，2024 年为 RM62,275,000，2025 年为 RM28,025,000。
Source: annual report 2023, page 97; annual report 2024, pages 97, 184; annual report 2025, pages 56, 98.出处：2023 年年报第 97 页；2024 年年报第 97、184 页；2025 年年报第 56、98 页。
Still to be spent尚未支出的承诺
At 31 December 2025, approved and contracted capital commitments totaled RM352,216,000, comprising RM351,460,000 for land held for future development and RM756,000 for property, plant and equipment. In addition, Paramount entered into agreements in 2025 to acquire 363.1 acres of land carrying a projected gross development value of RM2.3 billion.截至 2025 年 12 月 31 日，已批准并签约的资本承诺总计 RM352,216,000，包括持作未来开发土地的 RM351,460,000 以及物业、厂房及设备的 RM756,000。此外，Paramount 于 2025 年签署协议，拟收购 363.1 英亩土地，预计总开发价值为 RM2.3 billion。
Source: annual report 2025, pages 13, 16, 96.出处：2025 年年报第 13、16、96 页。
Four years of figures四年数字
Group figures, in RM thousand (×1,000), as printed in the statements.集团数字，单位千令吉（×1,000），照财务报表所印。
| Group集团 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| RM'000千令吉 | RM'000千令吉 | RM'000千令吉 | RM'000千令吉 | |
| Revenue营业额 | 847,464 | 1,012,252 | 1,040,161 | 946,872 |
| Profit before tax税前盈利 | 105,123 | 130,223 | 156,906 | 157,002 |
| Profit for the financial year本年度盈利 | 75,138 | 95,076 | 114,943 | 121,131 |
| Net cash generated from operating activities营运活动所得现金净额 | 170,559 | 298,221 | 386,456 | 195,715 |
| Purchase of property, plant and equipment购买物业、厂房及设备 | (7,217) | (9,534) | (11,406) | (10,772) |
| Dividends paid to shareholders已付股东股息 | (34,206) | (115,204) | (62,275) | (28,025) |
| Total assets总资产 | 3,125,145 | 2,977,090 | 3,064,854 | 3,255,648 |
| Total borrowings总借款 | 1,015,238 | 814,264 | 988,658 | 1,213,104 |
| Cash and bank balances现金及银行结余 | 331,050 | 203,188 | 217,005 | 331,506 |
| Total equity总权益 | 1,664,974 | 1,630,487 | 1,482,383 | 1,494,750 |
On a computer, hover over a figure for the report and page it is printed on.在电脑上把鼠标移到数字上，可看到它印在哪份年报的哪一页。
Said and done说过的与做到的
| What the reports said年报说要做的 | What later reports show之后年报显示的 | Status状态 |
|---|---|---|
| Launch Phase 2 of The Atera in mid-2024, comprising 876 units of serviced apartments and 5 retail spaces.于 2024 年中推介 The Atera 第二期，包括 876 个服务式公寓单位和 5 个零售空间。 | Phase 2 launched 788 serviced apartments and five retail units in June 2024, followed by 88 affordable homes launched in 2025.第二期于 2024 年 6 月推介了 788 个服务式公寓单位和 5 个零售单位，随后于 2025 年推介了 88 个可负担房屋单位。 Source: annual report 2023, pages 9, 33; annual report 2024, pages 10, 32; annual report 2025, pages 8, 18.出处：2023 年年报第 9、33 页；2024 年年报第 10、32 页；2025 年年报第 8、18 页。 | Launched in 2024 and 2025已于 2024 及 2025 年推介 |
| Launch more townhouses in 2024, including 368 units of semi-detached cluster townhouses at Greenwoods Salak Perdana.于 2024 年推介更多联排住宅，包括 Greenwoods Salak Perdana 的 368 个半独立式集群联排单位。 | Greenwoods Senna offering 368 units of semi-detached townhouses with a GDV of RM250.4 million was launched in 2024.提供 368 个半独立式联排住宅单位、发展总值 RM250.4 million 的 Greenwoods Senna 已于 2024 年推介。 Source: annual report 2023, pages 12, 34; annual report 2024, pages 11, 32.出处：2023 年年报第 12、34 页；2024 年年报第 11、32 页。 | Launched in 2024已于 2024 年推介 |
| Open a 17,000 sq ft Co-labs Coworking space at Nu Sentral in Kuala Lumpur in the second quarter of 2025.于 2025 年第二季度在吉隆坡 Nu Sentral 开设 17,000 平方英尺的 Co-labs Coworking 办公空间。 | The eighth space at KL Sentral was launched in September 2025.位于 KL Sentral 的第八个办公空间已于 2025 年 9 月推介。 Source: annual report 2024, page 36; annual report 2025, pages 17, 20.出处：2024 年年报第 36 页；2025 年年报第 17、20 页。 | Opened later than targeted迟于目标时间开业 |
| Open Bidou, a 60-seater French restaurant at Damansara Heights, in the second quarter of 2025.于 2025 年第二季度在白沙罗高原开设拥有 60 个座位的法国餐厅 Bidou。 | The group launched Bidou, a 60-seater restaurant in Damansara Heights specialising in classic French cuisine, in 2025.集团于 2025 年在白沙罗高原开设了主打经典法式料理的 60 座位餐厅 Bidou。 Source: annual report 2024, pages 23, 36; annual report 2025, page 19.出处：2024 年年报第 23、36 页；2025 年年报第 19 页。 | Opened in 2025已于 2025 年开业 |
| Complete the acquisition of Brunsfield Residence in 2025 and submit a development plan for approval.于 2025 年完成对 Brunsfield Residence 的收购，并在完成后提交开发规划审批。 | A writ of summons was received on 7 April 2025 regarding the acquisition, and the purchase remained subject to completion of the agreement.2025 年 4 月 7 日收到有关该收购的传讯令状，该项收购在协议完成前仍待推进。 Source: annual report 2024, page 37; annual report 2025, pages 16, 103.出处：2024 年年报第 37 页；2025 年年报第 16、103 页。 | Not completed in 2025; in litigation2025 年未完成；处于诉讼中 |
| Target RM1.5 billion in property sales in 2025.将 2025 年的房产销售目标定为 RM1.5 billion。 | Property sales for 2025 were recorded at RM1.0 billion (RM1,034 million).2025 年房产销售记录为 RM1.0 billion（RM1,034 million）。 Source: annual report 2024, page 36; annual report 2025, pages 4, 18.出处：2024 年年报第 36 页；2025 年年报第 4、18 页。 | Target not met未达目标 |
What the reports leave open年报留下待看的事
- The completion of the sale and purchase agreements entered into in 2025 for 363.1 acres with a projected GDV of RM2.3 billion, and the writ of summons TBSB received over a proposed property acquisition.2025 年签署、涉及 363.1 英亩土地及预计总开发价值 RM2.3 billion 的买卖协议的完成进展，以及 TBSB 就一项拟议产业收购所收到的传讯令状。
Source: annual report 2025, pages 13, 16, 103.出处：2025 年年报第 13、16、103 页。
- The sale of the remaining 20% equity interest in KDUUC and KDUPG to UOWM for RM10,522,000, which remained subject to local authority approval at 31 December 2025.将所余 KDUUC 和 KDUPG 的 20% 股权以 RM10,522,000 出售给 UOWM 的交易，截至 2025 年 12 月 31 日仍有待地方当局批准。
Source: annual report 2025, pages 11, 83, 103.出处：2025 年年报第 11、83、103 页。
- Finalisation of the purchase price allocation for Envictus, where provisional goodwill of RM64,350,000 was recognised based on cash consideration of RM126,317,000 over net identifiable assets of RM61,967,000.Envictus 收购案的收购价格分摊最终确定，该交易根据 RM126,317,000 的现金对价高于可辨认净资产 RM61,967,000，确认了 RM64,350,000 的暂定商誉。
Source: annual report 2025, page 85.出处：2025 年年报第 85 页。
- The proposed appointment of BDO PLT as external auditors in place of retiring auditors Ernst & Young PLT at the 56th AGM, following nomination by a substantial shareholder.根据主要股东的提名，在第 56 届股东周年大会上提议委任 BDO PLT 为外部审计师，以取代即将退任的 Ernst & Young PLT。
Source: annual report 2025, pages 110, 112.出处：2025 年年报第 110、112 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-30.内容为公司年报所印的事实，并注明页码；不评级，不构成投资建议。生成日期 2026-10-30。