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Malaysia Chronicle: Parkson’s Indonesian venture lifts growth prospect
Parkson Holdings Bhd’s latest venture into the Indonesian retail market could be a boon to investors as it would give shareholders direct exposure to the potentially strong growth market, as its Malaysian operation matures while the one in Vietnam is challenged by the country’s volatile economy.
Currently, Parkson has direct exposure to the Malaysian and Vietnam markets, and indirect exposure to China via its 51.5%-owned Hong Kong listed ...
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