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Parkson

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Submitted By criss123
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Executive Summary

Parkson Holdings Berhad (Parkson), a board line retailer is based in Kuala Lumpur, Malaysia, a subsidiary of the Lions Group based in Malaysia. The company was formerly known as Amalgamated Containers Berhad and changed its name to Parkson Holdings Berhad in September 2007.

Parkson Holdings Berhad's after-tax profit for the Financial years ended June 30, 2011 increase 12 per cent to RM 606,622,000 from RM 533,598,000 in year 2010. However, its revenue increased 7 per cent to RM 2,925,082,000 from RM 2,722,256,000. Financial years ended 2011 ranked 3rd as compare to Financial year ended 2009 which ranked 1st in its 5 years financial performance from 2007 – 2011.

Parkson’s Retail operation in Malaysia posted a favorable set of results with gross sales proceeds rising 9 per cent to RM 766 million over the same period in 2010.

The Chairman highly alerted on global economy was abruptly affected by the US credit rating downgrade and the debt burden in Europe. As such, Chairman see strong domestic demand in Malaysia is the key to continue to deliver strong revenue and earnings to improve financial performance year ended 30 June 2012.

Through the assignment we can know more about parkson, it includes porters five force, value chain, VRIN, SWOT and recommend.

1.0 Company Background

Parkson was one of the largest department store companies in China and Parkson currently has 35 outlets in Malaysia. Parkson branded department stores was divided into 36 brand and 2 Xtra branded. Parkson was established in the year of 1987. In Malaysia, the founder of Parkson was the retailing arm of the Lion Group and it is rapidly became one of the largest shopping malls in Malaysia. Parkson is an investment holding company, operates department stores in the People’s Republic of China, Malaysia, and Vietnam under the ‘Parkson’ brand. As of June 30, 2009,

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