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Ng NG

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KUALA LUMPUR (June 24): Parkson Holdings Bhd (KL:PARKSON), whose shares have climbed 24.4% since June 19, has a new substantial shareholder in Irelia Management Sdn Bhd.

According to Parkson’s bourse filings on Tuesday, Irelia Management acquired 78.3 million shares or a 6.815% stake in the department store operator via open market transactions between June 20 and 24.

No price tag was disclosed on the shares traded, however, based on respective closing prices on which the shares were traded, the block was valued at RM18.6 million.

Based on a filing with the Companies Commission Malaysia, Irelia Management is wholly owned by NTG Holding Ltd.

NTG Holding is the asset holding company of the NTG Strategy Fund SP offered by private equity and alternative asset management firm AEI Capital Group, according to NTG Holding’s website.

Parkson’s largest shareholder is its chairman and managing KUALA LUMPUR (June 24): Parkson Holdings Bhd (KL:PARKSON), whose shares have climbed 24.4% since June 19, has a new substantial shareholder in Irelia Management Sdn Bhd.

According to Parkson’s bourse filings on Tuesday, Irelia Management acquired 78.3 million shares or a 6.815% stake in the department store operator via open market transactions between June 20 and 24.

No price tag was disclosed on the shares traded, however, based on respective closing prices on which the shares were traded, the block was valued at RM18.6 million.

Based on a filing with the Companies Commission Malaysia, Irelia Management is wholly owned by NTG Holding Ltd.

NTG Holding is the asset holding company of the NTG Strategy Fund SP offered by private equity and alternative asset management firm AEI Capital Group, according to NTG Holding’s website.

Parkson’s largest shareholder is its chairman and managing director Tan Sri Cheng Heng Jem, with a 54.57% stake.

Shares in Parkson ended half a sen or 2% higher at 25.5 sen, valuing the company at RM286.87 million. Year-to-date the stock is up 18.6%.

Sri Cheng Heng Jem, with a 54.57% stake.

Shares in Parkson ended half a sen or 2% higher at 25.5 sen, valuing the company at RM286.87 million. Year-to-date the stock is up 18.6%.

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Ng NG

The group explained that in its immediate preceding quarter, the profits were higher because it included a one-off income of RM37mil arising from a lease modification.

Meanwhile, on its outlook, Parkson said it believes the year-end festivities and holiday seasons will drive higher shopper traffic across its retailing stores and deliver an encouraging operating performance.

“The group remains focused on implementing strategies to enhance sales productivity and strengthen gross margins, while c

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Vincent Wong

Malaysia market is bad now. Need to be more patients. Operator cnt do anything

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Leong HL

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Not bad qr reports considering low season. Next qr should be good but the best qr would be 1st qr of 2026.

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transforming cities

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Parkson close down Beijing centre

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cheng

This was announced back in August right? Or something new?

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Leong HL

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About time to move up.

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Leong HL

The future of Parkson in Malaysia is very bright at the moment. As a supplier in retailing to most major departments store in Malaysia .. Parkson is heading the right direction.