Parkson to build malls and lease out space


A Parkson outlet in China

KUALA LUMPUR: Parkson Holdings Bhd will start building malls and leasing out space to get better margins to deal with pressure on its turnover.

The departmental store company will build malls in Malacca and Cambodia, both scheduled to open in 2017. The company is also building a mall in Qingdao, China, which is set to open its doors in the middle of next year.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Business , parkson , mall , expansion , margins

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