Posted by kennean > 2018-10-18 10:02 | Report Abuse

Who know the progress in this court cases ?

3 May 2018 Announcement
PARKSON HOLDINGS BERHAD
A. PROPOSED DISPOSAL OF DTP SUBJECT EQUITY; AND
B. PROPOSED COMPENSATION
We refer to the announcements made by the Company on 12 February 2018 and 29 March 2018 in relation to the Proposals ("Announcements"). Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the Announcements.

The Board of Directors of the Company wishes to announce that pursuant to the written notice from Hefei Parkson dated 30 April 2018 to Serbadagang (which was received by Serbadagang on 3 May 2018) requesting for an extension of time from 30 April 2018 to 31 May 2018 to pay the Initial Compensation of Rmb100 million (equivalent to approximately RM62.00 million) to Serbadagang, which is currently pending the approval of the relevant PRC Government's authority, Serbadagang had agreed to extend the period for the Initial Compensation to be paid on or before 31 May 2018 ("Extension of Time").

Save for the Extension of Time, all other terms and conditions of the Compensation Agreement shall continue to remain in full force and effect.

Posted by joetay2 > 2018-10-18 10:15 |

Post removed.Why?

Posted by kennean > 2018-10-18 10:32 | Report Abuse

The due date is over, why no news ?

29 mar 2018
... and Serbadagang shall further negotiate with Hefei Parkson on a possible additional compensation which is subject to Serbadagang and Hefei Parkson entering into a legally binding agreement on or before 30 June 2018.

Posted by godhand > 2018-10-18 11:37 |

Post removed.Why?

Posted by joetay2 > 2018-10-18 11:47 |

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Posted by kennean > 2018-10-18 11:51 | Report Abuse

Parkson concept is life style comsuming, just shopping, entertainment and eating.
China population is increase and comsumer power improvement, it may make profit in operation.
The rental cost are fallen, it may save the cost too.

Posted by godhand > 2018-10-18 12:29 |

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Posted by joetay2 > 2018-10-18 13:09 |

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Posted by joetay2 > 2018-10-18 14:58 |

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Posted by godhand > 2018-10-18 15:57 |

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Posted by kennean > 2018-10-18 16:05 | Report Abuse

godhand, it got a lot of fund place as investment in severa china bank.
the interest rate is not so bad, because supplier money can roll for few month n bank.
the interest rate paid, can consider like rental expenses. Mostly are shopping mall debt.

Posted by kennean > 2018-10-18 16:12 | Report Abuse

Those information can get in parkson HK financial result.

Posted by godhand > 2018-10-18 16:38 |

Post removed.Why?

Posted by zoomm123 > 2018-10-18 16:42 | Report Abuse

2nd largest shareholder of Parkson HK just increase his state to 17%
https://www.etnet.com.hk/www/eng/stocks/realtime/quote_ca_sdi.php?code=3368

Posted by kennean > 2018-10-18 20:28 | Report Abuse

Very complicate announcement. Why PRG Share Pledge 250 mil (HKD 0.62) value HKD 155 Mil, can get loan HKD 188 mil ? So many cash deposit ,why still need borrow ?

Posted by dex > 2018-10-18 21:30 | Report Abuse

tomorrow shoot up?

Posted by speakup > 2018-10-19 10:21 | Report Abuse

wah lau weh, manyak Red Flag sini parkson

Posted by JuniorR > 2018-10-19 10:25 | Report Abuse

very weird. This morning there were multiple "Headlines" for Parkson dated Oct 2018 then when i refresh the page all disappeared. So happened the links I opened and read were positive news.

Posted by pakatan_harapan2 > 2018-10-19 10:30 | Report Abuse

Wait for 1st PH Budget in 2 weeks any good news for our weak stock market as a whole.

Posted by speakup > 2018-10-19 10:32 | Report Abuse

if REAL & POSITIVE news, parkson wont be 33.5sen lah, it will be RM4 lah

Posted by JuniorR > Oct 19, 2018 10:25 AM | Report Abuse

very weird. This morning there were multiple "Headlines" for Parkson dated Oct 2018 then when i refresh the page all disappeared. So happened the links I opened and read were positive news.

Posted by pakatan_harapan2 > 2018-10-19 10:32 | Report Abuse

If Parkson overpay tax during BN times should ask for refund eg GST refunds.

Posted by godhand > 2018-10-19 10:55 |

Post removed.Why?

Posted by AntiPondan > 2018-10-19 11:45 | Report Abuse

Many pondans shareholders here true. Why cannot see PRGL up back?
https://www.bloomberg.com/quote/3368:HK

Posted by Salmah > 2018-10-19 13:19 | Report Abuse

I must touch my baju kurung, handbags and shoes before buying. What's wrong buy at Parkson?

Posted by godhand > 2018-10-19 14:21 | Report Abuse

I don’t think retail will lose its spot because of e commerce completely la. I still think that ppl enjoy the experience in retail shopping. Retail still has its niche market. U can be doing retail and ecommerce together. Retails can also serve as bait advertisement etc.

Posted by farkedson > 2018-10-19 14:33 |

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Posted by farkedson > 2018-10-19 14:34 |

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Posted by farkedson > 2018-10-19 14:34 |

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Posted by farkedson > 2018-10-19 14:34 |

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Posted by joetay2 > 2018-10-19 18:22 |

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Posted by joetay2 > 2018-10-19 18:23 |

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Posted by freddiehero > 2018-10-19 20:30 | Report Abuse

haha.. y u all need more discount ka?

Posted by freddiehero > 2018-10-19 20:30 | Report Abuse

wan wat price?

Posted by freddiehero > 2018-10-19 20:30 | Report Abuse

buy enof then push up ka..

Posted by hooi60 > 2018-10-20 10:03 | Report Abuse

First time buyer at 33-33.5 sen. Anything wrong?

Posted by joetay2 > 2018-10-20 11:59 |

Post removed.Why?

Posted by joetay2 > 2018-10-20 11:59 |

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Posted by joetay > 2018-10-20 18:15 |

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Posted by StanleyHong > 2018-10-20 20:12 | Report Abuse

my 10 year saving fly away already

Posted by parksonnewbie > 2018-10-20 21:06 | Report Abuse

Actually who cut loss never inform? It is i3 forumers who long never post cut loss? I don't see William Cheng, Tabung Haji or Icap selling announcement.

Posted by harry_7 > 2018-10-20 22:09 | Report Abuse

i will enter again, if touch 30c

Posted by 4iiii > 2018-10-21 11:08 | Report Abuse

Parkson turn bad after BN GST in 2015. So turnaround must come when PH in power? Last qtr only 1 mth PH in power so full impact next QR?

Posted by freddiehero > 2018-10-21 14:02 | Report Abuse

hehe.. someone hav bought too much ka..

Posted by freddiehero > 2018-10-21 14:05 | Report Abuse

but i like foodpark new idea

Posted by freddiehero > 2018-10-21 14:18 | Report Abuse

new idea in china

Posted by freddiehero > 2018-10-21 14:18 | Report Abuse

http://m.caijing.com.cn/api/show?contentid=4505479

Posted by freddiehero > 2018-10-21 14:26 | Report Abuse

online parkson from china

Posted by freddiehero > 2018-10-21 14:26 | Report Abuse

https://www.parkson.com.cn/mobile/index.jhtml

Posted by Parkson18 > 2018-10-21 16:46 | Report Abuse

Our persistent is paid. joetay2 non stop abusive postings removed(Parkson or elsewhere) and get suspended again. So coming week Parkson can up? Those around pls cooperate to remove haters postings eg ks55, farkedson(and clone ids). I cannot post here 100% all the time bec I don't own Parkson as single 1 ctr portfolio.

Posted by CoolBull > 2018-10-22 00:46 | Report Abuse

weak volume