THE proposal by Parkson group of companies to streamline its retail business in the region under Parkson Retail Group Ltd could not have come at a better time.
The challenging regional landscape and slowing economy of China are among reasons for Malaysia-listed Parkson Holdings Bhd
to divest its interest in Singapore-listed Parkson Retail Asia Ltd (PRA) to Parkson Retail in a corporate exercise that would go to shareholders for approval next month.
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