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parkson holdings bhd (5657) Details

Parkson Holdings Berhad, an investment holding company, operates and manages department stores under the Parkson and Centro brands. The company operates through two segments, Retailing and Property and Others. Its stores offer various brands of fashion and lifestyle related merchandise, including fashion and apparel, cosmetics and accessories, household and electrical products, and groceries and perishables for the young and contemporary market segment. The company operates 127 stores in China, Malaysia, Vietnam, Myanmar, and Indonesia. It is also involved in the provision of property management, and real estate consulting and management services; retailing and leasing of retail space; online retailing activities; operation of supermarkets; and food and beverage and merchandising. In addition, the company operates theme parks, education centers, and nursery centers; distributes and retails fashionable goods; imports, operates, and distributes fragrance and beauty care products; trades in various gifts and souvenir products; and provides credit, management, interior design services. Parkson Holdings Berhad was incorporated in 1982 and is based in Kuala Lumpur, Malaysia.

Founded in 1982

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parkson holdings bhd (5657) Key Developments

Parkson Holdings Bhd Announces Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2016

Parkson Holdings Bhd announced unaudited consolidated earnings results for the first quarter ended September 30, 2016. For the quarter, the company posted its fourth straight quarterly loss amid weak consumer sentiment, with a net loss of MYR 62.57 million. Revenue also fell 5.9% to MYR 878.24 million from MYR 933.39 million. The company saw its China operations reporting a loss of MYR 49 million in the same period. Loss before tax was MYR 94,479,000 against profit before tax of MYR 105,014,000 a year ago. Loss for the period attributable to owners of the parent was MYR 62,568,000 or 5.93 sen per basic and diluted share against profit for the period attributable to owners of the parent of MYR 63,287,000 or 5.80 sen per basic and diluted share a year ago. Cash flows from operating activities were MYR 142,648,000 against cash flows used in operating activities of MYR 46,450,000 a year ago.

Parkson Holdings Berhad, Annual General Meeting, Nov 23, 2016

Parkson Holdings Berhad, Annual General Meeting, Nov 23, 2016, at 09:00 Singapore Standard Time. Location: Meeting Hall, Level 16, Lion Office Tower No. 1 Jalan Nagasari 50200 Kuala Lumpur Malaysia Agenda: To receive the directors's report and audited financial statements for the financial year ended 30 June 2016; to approve the payment of Directors's fees amounting to MYR 236,200; to re-elect Directors; to re-appoint Auditors to hold office until the conclusion of the next annual general meeting and to authorise the Directors to fix their remuneration; to consider the authority to directors to issue shares; to consider the proposed shareholders's mandate for recurrent related party transactions; to consider the proposed renewal of authority for share buy-back; and to transact any other business for which due notice shall have been given.

Parkson Holdings Berhad(KLSE:PARKSON) dropped from S&P Global BMI Index

Parkson Holdings Berhad(KLSE:PARKSON) dropped from S&P Global BMI Index

 

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