‘Neutral’ call on Parkson kept after settlement deal


Parkson Retail Group mall in China

PETALING JAYA: PublicInvest Research is retaining its “neutral” call on Parkson Holdings Bhd with an unchanged target price of 75 sen.

It said in a report that Parkson had announced a settlement agreement in relation to two litigations from a long-time dispute regarding store ownership and entitlement to profits.

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Business , Parkson Holdings , retail , litigation , China ,

   

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