Automotive Industry Driving Forward and Paramount Corp Property Focus
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Show Notes
Auto sales pick up year on year but on a deeper dive it's the low base and seasonality effect. However we examine if this trend can continue by looking at Proton and Perodua plans in detail.
05:40 - Paramount Corporation is selling its education business for cash and entrenching itself in the property sector to Two Horses Capital, led by former Khazanah executives. This is in line with the group’s intention to become a pure-play property group. The group will be selling majority stakes in Paramount Education, Paramount Education Klang, and Sri KDU.
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