Lasseters International Holdings Ltd : Joint venture agreement with paramount corporation berhad . Estimated total project cost is approximately rm55 million . Jv for the purpose of jointly developing and/or acquiring, owning and operating a hotel located in glenmarie, shah alam, Malaysia. . Says units Lasseters Properties sdn. bhd. and Lasseters management entered into a joint venture agreement with paramount corporation berhad . Joint venture parties will collaborate with an international hotel operator for the operations of the proposed hotel . Jv is not expected to have any material impact on the EPS of group for the current financial year. . Says group's equity participation in the joint venture will be funded through internal resources and/or borrowings .Lpsb and lmsb will collectively hold 55% equity interest in a special purpose vehicle set up for jv ; pcb will hold 45%.
Paramount Corporation Bhd:Declares single tier final dividend of 5.0 sen for FY 2014.EX-date June 8.Entitlement date June 10.Payment date June 24.