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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…
Listed division retailer operator Parkson Retail Asia has reported a 5.5 per cent year-on-year improve in internet revenue for the third quarter. Within the three months to March 31, Parkson posted a revenue of S$7.98 million. The corporate attributed the…
Parkson Retail Asia has reported a 24.6 per cent slump in net profit – largely attributed to new store establishment costs. The Singapore-based department store operator has reported a second quarter trading profit of S$10.23 million. The company’s biggest…
Malaysia’s Parkson has entered into a joint venture to develop a food retailing business in China as it transforms its department store portfolio into lifestyle centres. The company’s wholly-owned subsidiary Grand Parkson has teamed with fellow Malaysian…
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