Parkson Retail Asia’s auditor has flagged the department store operator’s ability to continue as a going concern, given that its total liabilities exceeded total assets by about S$66 million. In its report for the audited financial statements for the year…
Parkson Retail Group is preparing to occupy a complex above Nanjing Railway Station in Chinese Jiangxi. The group, a Hong Kong-listed firm controlled by Malaysian Parkson Holdings Bhd, won its US$6.1 million bid for the tenancy of buildings above the Bayi…
A plan to simplify the complex ownership structure of Parkson Retail Asia operations has been rejected by independent shareholders. The proposal, defeated by a 63.44 per cent vote against at a shareholders meeting on Monday, would have seen the…