Mall operator Parkson Vietnam on Friday filed for bankruptcy in Ho Chi Minh City, ending its 18 years of operations with million-dollar losses. It is not commercially feasible to continue Parkson ...
VietNamNet Bridge – Parkson, a Malaysian invested shopping mall in Hanoi, has released a notice that it would be closed until January 7, but sources say that the closure is rumored to be permanent.
Malaysia’s Parkson is apparently shutting down its fifth mall in Vietnam after suffering serious losses in recent years. Although the company has not made any official announcement, its name-board has ...
Parkson’s demise in Vietnam marks an important transition in the retail sector due to changing shopping behaviours and the rise of shopping malls invested by competitors like Lotte, AEON Mall, and ...
We're definitely into long term investing, but some companies are simply bad investments over any time frame. We don't wish catastrophic capital loss on anyone. Spare a thought for those who held ...
Some stocks are best avoided. It hits us in the gut when we see fellow investors suffer a loss. For example, we sympathize with anyone who was caught holding Parkson Retail Asia Limited (SGX:O9E) ...
Opening promotions abound: A view of the new Parkson Perda City Mall in Bukit Mertajam. RESIDENTS in Bukit Mertajam and the nearby areas have a new place to shop with the opening of Parkson Perda City ...
In May Cheng raised the stakes by announcing it would develop its first Parkson-branded department store in the St. Moritz development, owned by the Lippo Group, which will occupy over 150,000 square ...