Parkson unit secures two major lease agreements in China


KUALA LUMPUR: Parkson Holdings Bhd's subsidiary, Parkson Retail Group Ltd (PRGL), has secured two major lease agreements in Shanghai and Nanning, China with a total combined value of approximately RM358.8 million.

In a filing to Bursa Malaysia today, the company said PRGL’s indirect subsidiary, Shanghai Nine Sea Parkson Plaza Co. Ltd, has secured a 15-year tenancy for a property on Huaihai Middle Road in Shanghai.

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Parkson , Parkson Retail Group , Shanghai , Nanning

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