PARKSON MALAYSIA --- > There are many reasons on why I could foresee Parkson stock price to break 30 cents within next week (4-8 September 2023)

All fellow supporters of Parkson, more and more good news are coming soon!

Next week will go even higher in conjunction with more new outlets.
One of the achievements is as follows:-

Parkson Holdings Bhd's indirect unit in China, Jiangxi Parkson Shopping Centre Management Co Ltd, has entered into a 20-year tenancy agreement with Nanchang Hui Xin Industrial Co Ltd for a contract value of 70.49 million yuan (about RM45.82 million).
Jiangxi Parkson is an indirect wholly-owned subsidiary of Parkson Retail Group Ltd (PRGL), a 54.97 percent-owned subsidiary of Parkson Holdings.
PRGL, in an announcement on the Hong Kong Exchange, said the tenancy agreement will commence when the shopping centre is opened, tentatively on Oct 1, 2023 (will not be later than 31 October 2023)
According to Parkson Holdings' filing with Bursa Malaysia, Jiangxi Parkson will occupy 28,585.47 square metres of the Royal Core Plaza, located in Nanchang City.

Announcement to remind everyone ---- > https://www.klsescreener.com/v2/announcements/view/3630613

百盛入主停业三年的南昌盛汇广场，将改造成什么？
http://m.linkshop.com/bbs/show.aspx?id=1164458&from=web

Parkson Holdings Bhd said its 54.97%-owned Hong Kong-listed subsidiary Parkson Retail Group Ltd (PRGL) has entered into a 20-year tenancy agreement in respect of a property in Nanchang in China’s Jiangxi province.

In a filing with Bursa Malaysia, Parkson said the agreement was signed on Monday (Oct 31) by PRGL’s indirect wholly-owned subsidiary Jiangxi Parkson Shopping Centre Management Co Ltd, and property owner Nanchang Hui Xin Industrial Co Ltd.

The agreement is in respect of a tenancy of a lower ground floor, as well as first to fourth floors of a building with a total gross area of 28,585.47 sq metres.
The fixed monthly rental is 25 yuan (RM16) per sq metre (inclusive of tax and property management fee) and is subject to a 5% increment every three years during the term.
Parkson said the tenant would be entitled to rent-free periods for each first- to four months of the first three years within the term, totalling 12 months.

Lease agreement ----> http://www.parksongroup.com.cn/upload/202212/167203431850708200.pdf

The next catalyst to Parkson's growth and development is the outlet in Nan Chang, Jiangxi Province ! Believe or not, needless to explain, witness yourself in the earning report soon!

Parkson Jiangxi will open earliest on the National Day of the People's Republic of China, 1 Oct 2023, 南昌盛汇广场项目位于南昌县迎宾大道以东，澄湖北大道以南，由一栋集中型购物中心组成。

2016年9月，该项目正式开业，当时有快时尚品牌MJstyle、麦当劳、永辉超市、德庄火锅，以及台北k歌、越幕影城等年轻人喜爱的休闲娱乐品牌，也是莲塘片区比较好的商业。

但是自2018年开始，项目经营不善，不少品牌撤出商场，2019年停业至今。

整个项目的面积虽然不大，只有2.9万方，但规划了六层，其中地上4层和地下2层。在空间上，当时项目还打造了一个屋顶花园和2000平方米的户外休闲广场。

百盛接手后，凭借其以往的经验，大概率是百货型购物中心，不过因为其招商实力值得信赖，加上物业并不老旧，后期改造的期待值还是挺大的。

此外，这个项目紧邻南昌地铁3号线沥山站1号口，交通便捷，有一定的引流空间。

在接下盛汇广场后，百盛在南昌的商业项目也将达到3个。在运营的百盛优客城市广场，位于南昌市老城区青山湖区恒茂梦时代广场，也是重新改造的项目。

we shall be witnessing the glorios moment of Parkson group together

I asked my Chinese friend in china

they told me parkson has done significant improvement as compared to precovid

finger crossed and looking forward to more opening of productive and value added outlets.

Please revisit this link to re-evaluate on why you are part of the recovery journey for Parkson

---- > https://devotee-of-john-templeton.blogspot.com/2023/08/parkson-holdings-berhad-exceptional.html?m=1

I have been active in Parkson and CLMT since early of the year. Actively wrote article and analysis about Parkson and CLMT and MBM Resources since April 2023

If you would like to earn more, I would suggest that holding Parkson for 1-2 years, price of RM1 is not an issue at all

Next week, Parkson will be acquired by many investors, should collect more before it breaks 30 cents.

DISCLAIMER:

This post or blog does not constitute BUY/SELL CALLS and it is just for information sharing. The author above won't be responsible for any parties relying on this information for investment decision.