What do you lose when attend AGM? Your free food or gifts from Parkson(PRA) should cover your petrol expenses unlike those stay far away eg in Pg, etc. You happy see PRA drop 90% bec you can buy more?
Lion88 Hi Ks55 and Lion188, Do you mean Alfred Cheng? Thanks. By the way, there is no point arguing in this forum, firstly Parkson owner Net worth is US$ 520 Million, no matter how much the investor lost their savings through the purchase of their shares.
No point knocking on their doors or attending their AGMs.
The Chengs are still big player in the Retail Industries through Parkson and Sogo.
The rich will always get richer through many ways. We can wait in silence only
@yoongcalyn, no need to take serious what the naysayers say. The 2 are hardcore pembangkang Parkson. LKY take whole life to build Singapore and defense it when ppl doing bad things. These 2 also take their whole life try to destroy Parkson(they think they can) and attack ppl who saying good things about Parkson.
lion88 I am not asking you attend AGM for free food. What has Parkson management done to bring back profitability enjoyed 10 years ago? Closing down stores negotiate lower rental or cut staffs has Parkson done enough? E-commerce venture any progress?
We attach herewith the announcement made to The Stock Exchange of Hong Kong Limited ("The HKEx") on 14 May 2019 by Parkson Retail Group Limited ("PRGL"), a 54.97% owned subsidiary of the Company listed on The HKEx, pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The HKEx ("Listing Rules") and the Inside Information Provision (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap 571 of the Laws of Hong Kong) in respect of the successful tender for a tenancy in Nanchang City, Jiangxi Province, the People’s Republic of China ("PRC").
PRGL had announced that on 13 May 2019, Jiangxi Parkson Zhongshan City Department Store Co., Ltd. ("Jiangxi Parkson"), an indirect wholly-owned subsidiary of PRGL, received a successful bidding notice from Nanchang Urban Rail Group Co., Ltd., which confirmed that Jiangxi Parkson won the bid in the tender for the tenancy of the buildings above Bayi Guan Station of Nanchang Rail Transit Line 1 in Nanchang City, Jiangxi Province, the PRC at a bidding price of approximately Rmb42 million (equivalent to approximately RM25.6 million) for the first year ("Tenancy").
The Tenancy, if materialised, may constitute a discloseable transaction for PRGL under Chapter 14 of the Listing Rules. PRGL will disclose subsequent development of the Tenancy in accordance with the Listing Rules and the actual circumstances in due course.
2019 PRA/Parkson AGM Lion88 still shy to attend? Just ask WC close all Parkson stores in the rest of Asean(Vietnam, Indonesia,Myanmar, Cambodia & F&B biz) countries except M'sia no balls?
Friday's volume is rather interesting. About 3.3M shares exchanged hands at 0.255, mainly big lots > 300 lots all the way to 2960 lots per transactions. Looking at the buyer seller layers, it seems a lot of quantity to sell at 0.265/0.27/0.275 but only 4 to 5 buyers at 0.255 swooping all the big lots. Strange as qr week is around the corner.
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ks55
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Posted by ks55 > 2019-05-06 11:19 | Report Abuse
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