HONG KONG: Parkson Retail Group Ltd, which is also a major department store operator in the mainland, is set to push ahead with its HK$1.95bil initial public offering (IPO) in Hong Kong this month, The Standard said citing sources.
Parkson, a spin-off unit of Lion Diversified Holdings Bhd, won approval in principle from the Hong Kong Stock Exchange to sell shares on the main board not later than next month, the source said.
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