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.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , parkson , mall , expansion , margins

Next In Business News

Capital A plans to exit PN17 after four consecutive profitable quarters - Tony Fernandes
Media Chinese to dispose of Canadian property for RM29mil
AirAsia expects modest fare hikes but maintains low-cost positioning
SME Corp to enhance MSME's role in JS-SEZ
Maybank completes inaugural on-chain tokenised forex and cross-border payment in pilot project
ACE Market-bound 5E Resources aims to raise RM79.2mil from IPO
Malaysia well-positioned to withstand rising fiscal pressures amid high oil prices
Paragon Globe partners GSP Auto to develop AutoPark in Iskandar Puteri
Capital A appoints Effendy Shahul Hamid as deputy CEO
FBM KLCI loses 25pts as surging oil prices hit markets

Others Also Read