PETALING JAYA: A unit of Parkson Retail Asia Ltd, a 67.61% subsidiary of Parkson Holdings Bhd, has entered into an agreement with two companies to form a joint-venture company for the purpose of establishing and operating department stores in Myanmar.
A filing with Bursa Malaysia stated that the unit, Parkson Myanmar Co Pte Ltd, had sealed the agreement with Yoma Strategic Holdings Ltd (YSH) and First Myanmar Investment Co Ltd (FMI) yesterday.
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