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PARKSON RETAIL ASIA LTD

PARKSON RETAIL ASIA LTD
Leadership team

Ms. Lee Mei Chong (Chief Financial Officer)

Mr. Heng Jem Cheng (Exec. Chairman)

Ms. Hui Yuen Cheng (Exec. Director)

Products/ Services
Consumer Goods, E-Commerce, Fashion, Retail
Number of Employees
1,000 - 20,000
Headquarters
Singapore, Central Region, Singapore
Established
1987
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
SGX:O9E
Overview
Location
Summary
Parkson Retail Asia Limited, an investment holding company, operates and manages department stores primarily in Malaysia, Vietnam, Myanmar, and Cambodia. The company operates in two segments, Retail Stores, and Food and Beverage. Its stores offer merchandise, including fashion apparel and household goods. The company is also involved in the operation of bakeries; shopping malls; and food and beverage outlets. In addition, it provides fashion products under private label brands, as well as agency apparel lines of various international brands. Further, the company trades in apparel and consumer products; and distributes and sells fragrance and beauty care products. As of April 8, 2022, it operated 39 department stores across cities in Malaysia and Vietnam. The company was founded in 1987 and is based in Singapore. Parkson Retail Asia Limited is a subsidiary of East Crest International Limited.
History

Parkson Retail Asia Limited (“Parkson Retail”) is an investment holding company and the listing entity of Parkson Retail Group (“Parkson”). Parkson was established in 1987 and began its business as a fashion retailer. Throughout the years, Parkson has diversified its core range of products and services to mainly include the departments of fashion and sports, beauty and wellness, daily necessities, cafes and restaurants and entertainment. Parkson has also extended its reach beyond Malaysia to countries such as Vietnam, Indonesia, China and Cambodia.

Mission
Our mission is to provide our customers with an inspirational shopping experience, offering an attractive range of quality merchandise, presented in attractive settings at competitive prices and supported by superior services.
Vision
Our vision is to become the leading lifestyle retailer in Malaysia by offering a wide variety of merchandise, services, products and solutions at competitive prices through our extensive retail network, skilled and committed personnel and sophisticated technology.
Key Team

Mr. Boon Hock Tay (Chief Auditor)

Mr. Cheng Hock Gui (Group Chief Operating Officer of Indonesian Operations)

Mr. Chae Young Chang (Chief Exec. Officer of Indochina Operations)

Mr. Boon Eng Law (Chief Operating Officer of Malaysia Operations)

Ms. Chiew Ying Tee (Chief Auditor)

Siew Koon Ang ACIS (Company Sec.)

Ms. Yoke Kay Kuan (Joint Company Sec.)

Recognition and Awards
Parkson has been consistently recognized for its excellence in the retail industry, having won numerous awards such as Best Retailer of the Year award, Best Shopping Mall of the Year award, and Best Retailer of the Year award from the Malaysian Retailers Association.
References

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PARKSON RETAIL ASIA LTD
Leadership team

Ms. Lee Mei Chong (Chief Financial Officer)

Mr. Heng Jem Cheng (Exec. Chairman)

Ms. Hui Yuen Cheng (Exec. Director)

Products/ Services
Consumer Goods, E-Commerce, Fashion, Retail
Number of Employees
1,000 - 20,000
Headquarters
Singapore, Central Region, Singapore
Established
1987
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
SGX:O9E