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Paramount buys 15pc stake in KDU

Published: 2008/07/19

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PARAMOUNT Corp Bhd is buying a 15 per cent stake in KDU College Sdn Bhd from KDU director Rohana Mahmood for RM25 million, making the college operator its wholly-owned unit.

Rohana bought her stake in KDU in 1997 for RM1.4 million. The deal helps Paramount to increase its income.








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