Parkson upbeat on prospects in China


  • Business
  • Thursday, 17 Nov 2005

LEVERAGING on its strength and proven success, Parkson Retail Group Ltd (PRG) is upbeat on its prospects in China, where the retail industry is burgeoning in tandem with the booming economy. 

“We are optimistic and excited about Parkson in China. We aim to maintain our leading position (in China’s retail market),” chief executive officer Chew Fook Seng said in a statement in conjunction with the announcement on the group’s initial public offer (IPO) on the main board of Hong Kong Stock Exchange yesterday. 

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