Singapore shares edge down at Thursday's open; STI down 0.02%

26 Dec 2019 - The Business Times
SINGAPORE stocks opened slightly weaker on Thursday following the Christmas break. The Straits Times Index headed down 0.02 per cent or 0.69 point to 3,220.98 as at 9.03am. Gainers outnumbered losers 62 to 32, after 25.4 million securities worth S$17 million changed hands. The most active counter was ...
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Stocks to watch: SembMarine, Rex, Olam, Parkson Retail Asia, Jubilee Industries, Hock Lian Seng

26 Dec 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Thursday: Sembcorp Marine (SembMarine): It has secured two offshore platform contracts worth over S$550 million to carry out redevelopment work at two fields, it said in a bourse filing on Thursday. The first contract ...
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Parkson subsidiary extends lease at China Museum

8 Jun 2019 - The Star Online
PETALING JAYA: Parkson Holdings Bhd ’s 54.97%-owned Hong Kong-listed subsidiary Parkson Retail Group Ltd (PRGL) extended its leasing agreement with landlord China National Arts and Crafts Group Company Ltd for a property in Beijing. Tenant PRGL has been leasing about 2,000 sq ft inside the China National ...
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Parkson makes delayed announcement on China deals

4 Apr 2019 - The Star Online
PETALING JAYA: Parkson Retail Group Ltd (PRGL), a 54.97%-owned subsidiary of Parkson Holdings Bhd , has entered into seven new lease agreements as a lessee in Beijing. PRGL, which is listed on the Hong Kong Stock Exchange, however, made the announcement slightly more than a month after the lease agreements ...
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New tenants for Parkson KLCC space

27 Mar 2019 - The Star Online
KUALA LUMPUR: More than 50 new tenancies will take over the space previously occupied by the Parkson departmental store in Suria KLCC, a development which will boost income and yield for premier shopping destination Suria KLCC Sdn Bhd. Chief executive officer Andrew Brien said the new tenants comprise ...
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KLCCP to convert former Parkson space into ‘street mall’

21 Mar 2019 - The Star Online
KUALA LUMPUR: KLCC Property Holdings Bhd (KLCCP) will convert a three-level outlet in its Suria KLCC mall, previously occupied by retailer Parkson, into a “street mall”. The move is expected to raise the rental income of Suria KLCC, while introducing a new mall experience to patrons.
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Retailer Parkson hit by China slowdown

26 Feb 2019 - The Star Online
KUALA LUMPUR: Parkson Holdings Bhd fell deeper into the red in the October-December quarter, amid slowing retail growth in China - the company’s biggest market. The retailer, which is closing down its flagship store at Suria KLCC on Feb 28, said on-going rationalisation of its stores will put the company ...
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Parkson unit on SGX watch list

5 Dec 2018 - The Star Online
PETALING JAYA: Parkson Holdings Bhd ’s 67.69% owned subsidiary Parkson Retail Asia Ltd (PRA), which is listed on the Singapore Stock Exchange (SGX), has been included in SGX’s watch list as it has triggered the minimum trading price (MTP) entry criterion. This comes into effect from today. The MTP is ...
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Parkson earnings face operational challenges in region

21 Nov 2018 - The Star Online
KUALA LUMPUR: Operational challenges in Southeast Asia will keep Parkson Holdings Bhd 's earnings subdued at group level, says PublicInvest research. The research house increased the discount in its valuation to 75% from 50% previously to a target price of 40 sen while maintaining its neutral recommendation. ...
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PublicInvest notes weak quarter for Parkson China and Asia

24 Aug 2018 - The Star Online
KUALA LUMPUR: PublicInvest Research says there is a likelihood of Parkson Holdings Bhd missing its core profit estiamtes for the year. The group's 4QFY17 results are expected to be released on Aug 27. "Maintain Neutral with an FY19 book valued-based TP of RM0.79. Though potential upsides appear attractive, ...
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