Paramount Corporation Berhad (KLSE:PARAMON) is disposing two parcels of leasehold land measuring 9.4 acres in Mukim Pekan Baru Sungai Buloh, Selangor to EM Hub Sdn Bhd for MYR 92.1 million. Of the total proceeds, Paramount said it has allocated MYR 50 million for acquisition of land bank, MYR 40 million for working capital and the rest for the proposed disposal expenses.