You are here

Parkson unit that owns Beijing store sold

Thursday, September 15, 2016 - 05:50
39850526.1 (39850578) - 14_09_2016 - pnparkson15.jpg
An indirectly owned unit of Parkson Holdings Bhd (PHB), which owns the loss-making Beijing Sun Palace Parkson department store in Chaoyang district in the capital city, has been sold to a Chinese asset-and-investment management company for a total equity consideration that includes 1.67 billion yuan cash (S$341 million).

Kuala Lumpur

AN indirectly owned unit of Parkson Holdings Bhd (PHB), which owns the loss-making Beijing Sun Palace Parkson department store in Chaoyang district in the capital city, has been sold to a Chinese asset-and-investment management company for a total equity consideration that

Powered by GET.comGetCom