Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Parkson Retail Asia Limited ( (SG:O9E) ) has issued an announcement.
Parkson Retail Asia Limited has announced a favorable legal outcome for its subsidiary, Parkson Corporation Sdn Bhd, in ongoing legal proceedings against PKNS Andaman Development Sdn Bhd concerning a lease at EVO Shopping Mall. The High Court of Malaya ruled in favor of Parkson Corporation, dismissing PKNS’s claim and awarding costs of RM30,000 to Parkson, which may positively impact the company’s operational stability and stakeholder confidence.
More about Parkson Retail Asia Limited
Parkson Retail Asia Limited is a company incorporated in Singapore, operating in the retail industry. It primarily focuses on managing and operating department stores and shopping malls across Asia, providing a range of consumer products and services.
Average Trading Volume: 4,776,304
Technical Sentiment Signal: Buy
Current Market Cap: S$88.94M
See more insights into O9E stock on TipRanks’ Stock Analysis page.