【PARKSON 5657 交流专区】百盛控股

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Group Limited - Inside Information, Results of Arbitration, Profit Warning and Resumption of Trading
Reference is made to the announcement by the Company on 31 March 2015 in relation to the Announcement by Parkson Retail Group Limited - Inside Information, Results of Arbitration, Profit Warning and Resumption of Trading (“Announcement”). Unless otherwise stated, the terms used throughout this announcement shall have the same meaning as defined in the Announcement. The Board of Directors of Parkson Holdings Berhad (“PHB” or the “Company”) (the “Board”) wishes to announce that arising from the Arbitral Award of approximately RMB140 million (equivalent to approximately RM84 million) as stated in the Announcement: (1)        the earnings of the PHB Group (“Group”) for the financial year ending 30 June 2015 will be lower by approximately RM45 million (4 sen per share); (2)        on a proforma basis, the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2014 will be lower by approximately RM45 million (4 sen per share); (3)        there is no effect on the issued and paid-up capital and the substantial shareholders’ shareholding in the Company; and (4)        there is no material impact on the gearing of the Group. The Board further wishes to highlight that the Arbitral Award will have no material impact to the business and operation of the Group. The Board refers to the voluntary announcement made on 20 March 2015 by the Company that it was not aware of any circumstance within the Group that could have led to the selling pressure on its shares (“Voluntary Announcement”).  With regard to the Voluntary Announcement, the Board also wishes to clarify that the Company was not aware of the Arbitral Award then as it was only issued on 25 March 2015. (For the purpose of this announcement, the exchange rate of RMB1.00: RM0.60 is assumed)

icy97

穆迪：现金流强劲 子公司败诉百盛影响微

财经新闻 财经  2015-04-04 11:47
（香港3日讯）国际评级机构穆迪表示，百盛控股（PARKSON，5657，主板贸服股）旗下香港上市公司百盛零售租约纠纷案败诉遭罚款，对公司信贷有负面影响。

不过，穆迪也说，还不至于影响这家家族企业的“Ba3”评级，以及其高级无担保评级（senior unsecured rating）与“稳定”展望评级。

在上月底时，中国国际经济贸易仲裁委员会宣判百盛零售租约纠纷案败诉，除了将产业还给地主，也需支付接近1.4亿人民币（约8363万令吉）的款项给地主。

百盛控股持有百盛零售52.1%股权。

穆迪副总裁兼资深分析员蔡丽娜（译音）表示，这项判决将影响公司现金流，但相信拥有充足资金在手的百盛零售有能力应付。

百盛零售的已调整营运盈利为4.3亿人民币（约2.5亿令吉），相关1.4亿人民币的款项，占营运盈利的33%。截至2014年底，百盛零售现金达49亿人民币（约29亿令吉），相信在支付该笔款项予地主后，并不会影响公司的财务状况。

于香港交易所上市的百盛零售，为中国最大百货公司之一。

截至去年底，该公司拥有及管理60家百货公司。

子公司败诉，不影响百盛控股股价，该股闭市时起2仙或0.97%，报2.09令吉，成交量达92万6800股。【南洋网财经】

icy97

百盛進軍中國餐飲服務業

財經7 Apr 2015 21:41
（吉隆坡7日訊）百盛控股（PARKSON，5657，主要板貿服）子公司獲得上海Lion食品與飲料管理公司商業執照，后者成為公司旗下新子公司。

該公司向馬證交所報備，持股53%的百盛零售集團通過百盛食品與飲料企業，在中國成立上海Lion食品與飲料管理公司。上海Lion食品與飲料管理註冊資本達400萬人民幣（約240萬令吉），主要涉及餐廳管理、營銷和管理顧問，以及相關服務。

不過，上海Lion食品與飲料管理不會對百盛控股截至6月底2015財年盈利帶來影響。【中国报财经】

Type	Announcement
Subject	OTHERS
Description	Incorporation of a Subsidiary
The Board of Directors of Parkson Holdings Berhad (the “Company”) wishes to announce that Parkson Food & Beverage Ventures Limited (“Parkson F&B”), a wholly-owned subsidiary of Parkson Retail Group Limited (“Parkson Retail”), which in turn is a 53.07% owned subsidiary of the Company and listed on The Stock Exchange of Hong Kong Limited had on 7 April 2015, received the Business Licence of Shanghai Lion Food & Beverage Management Co., Ltd.("Shanghai Lion F&B"), following its incorporation by Parkson F&B in the People’s Republic of China on 25 March 2015. Shanghai Lion F&B is wholly-owned byParkson F&B. Consequent thereupon, Shanghai Lion F&B became a wholly-owned subsidiary of Parkson Retail and hence, a subsidiary of the Company. Shanghai Lion F&B will have a registered capital of Rmb4 million (equivalent to RM2.4 million) and will be principally involved in restaurant management, marketing and management consultancy, and related services. The incorporation of Shanghai Lion F&B does not have a material impact on the earnings of the Group for the financial year ending 30 June 2015 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2014. (For the purpose of this announcement, the exchange rate of Rmb1.00: RM0.60 is assumed)

哭哭鸟

租约纠纷案拖累 香港百盛商业首季恐亏
财经新闻 财经  2015-04-26 09:49
http://www.nanyang.com/node/696805?tid=462

（吉隆坡25日讯）百盛控股（PARKSON，5657，主板贸服股）香港上市公司百盛商业集团（Parkson Retail Group）表示，受租约纠纷案影响，截至3月31日的首季将蒙亏，而非仅仅净利大跌。

百盛商业通过文告称，根据初期检讨，集团首季的账目料写下亏损。

3月杪时，百盛商业宣布，中国国际经济贸易仲裁委员会指示前者，交还租用的产业给地主，并支付接近1亿4000万人民币（约8363万令吉）给地主。

百盛商业因此预计首季净利会显著下挫。但经过检讨，董事部目前预计，集团首季料会蒙亏，而非仅仅净利大挫。

“预测之所以会改变，是因为我们在作出3月的公布后，才得到更多资料。”

该集团预计会在5月21日公布首季业绩。

同时，集团也通过文告更新早前租约纠纷案的最新进展。

文告指出，地主需要额外向中国法庭提出申请，以执行该1亿4000万人民币（约8363万令吉）的罚款。

目前，地主已收回有关产业的所有权。

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Group Limited- Inside Information, Update on Results of Arbitration and Profit Warning
Reference is made to the announcements made by the Company on 31 March 2015 and 1 April 2015 in relation to the announcement by Parkson Retail Group Limited (“PRGL”), a 53.07% owned subsidiary of the Company listed on The Stock Exchange of Hong Kong Limited (“The HKEx”) in relation to Inside Information, Results of Arbitration, Profit Warning and Resumption of Trading (“Announcements”). Unless otherwise stated, the terms used throughout this announcement shall have the same meaning as defined in the Announcements. PRGL had on 24 April 2015 made an announcement to The HKEx (“PRGL Announcement”) on an update on the Arbitral Award and the profit warning mentioned in the Announcements, a copy of the PRGL Announcement is attached herewith.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4717513

Attachments PRGL Announcement.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia Limited- Announcement of Joint-Venture
We attach herewith the announcement made to the Singapore Exchange Securities Trading Limited (“SGX-ST”) by Parkson Retail Asia Limited ("PRA"), a 67.61% owned subsidiary of the Company listed on the SGX-ST, on 30 April 2015 on the entering into a joint-venture agreement by Parkson Corporation Sdn Bhd ("PCSB") (a wholly-owned subsidiary of PRA) with Studio Kingdoms Network Sdn Bhd ("SKN") to establish a joint-venture between PCSB and SKN in the equity participation of 70% and 30% respectively, for the purpose of venturing into the business of operating a theme park, education centres and nursery centres, food & beverage operations, and merchandising operations in Malaysia.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4725617

Attachments PRA Announcement.pdf

icy97

穆迪：香港百盛商业净利拉警报 百盛Ba3评级无损

财经新闻 财经  2015-04-30 11:21
（香港29日讯）国际评级机构穆迪（Moody's）表示，虽然百盛商业集团（Parkson Retail Group）首季净利拉警报，但不会立即影响“Ba3”的家族企业评级、高级无担保债券评级和“稳定”的前景。

百盛商业集团是百盛控股（PARKSON，5657，主板贸服股）旗下的香港上市公司。

上周五，百盛商业集团宣布，受租约纠纷案的影响，截至3月31日的首季将蒙亏，而非仅仅净利大跌。穆迪副总裁兼高级分析员蔡慧表示，营运表现受挫，将导致百盛控股的评级进一步受压。

“除了1亿4000万人民币（约8363万令吉）的罚款，我们也担忧公司会因疲弱的消费者情绪，以及不断受压的赚幅所影响。”

然而，基于罚款属于单次支付，加上该公司手上现金充裕，她相信百盛控股有能力应对。

截至去年杪，该公司手持现金49亿人民币（约28.08亿令吉），相比之下，罚款金额不算太高。

穆迪将持续观察百盛控股未来两季的营运和财务表现，如果情况比想象中严重，料促使该机构下修评级。【南洋网财经】

icy97

多元化收入助撑零售业 百盛室内乐园业务竞争大

财经新闻 财经  2015-05-06 13:27
（吉隆坡5日讯）百盛控股（PARKSON，5657，主板贸服股）进军室内主题乐园业务，分析员认为，虽可多元化收入以支撑零售业务，但将面对剧烈竞争。

该公司上周四宣布，新加坡上市子公司百盛零售亚洲，通过独资子公司百盛机构（Parkson Corporation），与Studio Kingdoms网络私人有限公司联营。

根据文告，该联营公司将进军教育娱乐事业，发展室内主题乐园、教育中心和托儿所及餐饮业等。

百盛机构将持有联营公司百盛教育娱乐世界（Parkson Edutainment World）私人有限公司70%股权，其余30%股权，则由Studio Kingdoms网络持有。

首炮Maju Junction

百盛控股指出，最新的业务将辅助旗下的零售业务，尤其帮助吸引人潮到旗下的购物中心等。

达证券对于百盛控股的最新消息感到乐观，因为新业务可以强化收入基础，并将业务多元化，不会只集中在零售业务。

不过，MIDF投资研究认为，该公司料面对一些挑战，如成功时代广场室内主题乐园（Berjaya Times Square Theme Park），及Kidzania激烈的竞争。

该行分析员说，百盛教育娱乐世界第一个计划，就是位于吉隆坡市中心的Maju Junction广场。

2015财年后才贡献

分析员解释，整个计划投资额达1100万令吉，除了100万令吉的初步资本，百盛机构和Studio Kingdoms网络已分别获得股东贷款780万令吉和220万令吉。

但分析员预计，若需要额外资金，可能需要再向股东或银行贷款。

分析员还说，联营计划未来会贡献营业额，但预计最快2015财年后，才开始贡献。

由于新计划暂时不会对百盛控股有任何影响，该行分析员维持“中和”评级。

达证券补充，短期内，百盛控股还是会持续受到市场整体低迷的消费情绪冲击。

该行分析员说，尤其中国市场，持续充满挑战，因此维持该股“卖出”评级。

闭市时，百盛控股以2.15令吉平盘挂收，成交量有86万2100股。



【南洋网财经】

icy97

icy97 发表于 1-5-2015 04:41 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4725617

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia LimitedAnnouncement of Joint-Venture-Update
Reference is made to the announcement made by the Company on 30 April 2015 in relation to the announcement by Parkson Retail Asia Limited (“PRA”), a 67.61% owned subsidiary of the Company listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”), on the entering into a joint-venture agreement by Parkson Corporation Sdn Bhd (“PCSB”) (a wholly-owned subsidiary of PRA) with Studio Kingdoms Network Sdn Bhd (“SKN”) to establish a joint-venture between PCSB and SKN in the equity participation of 70% and 30% respectively, for the purpose of venturing into the business of operating a theme park, education centres and nursery centres, food & beverage operations, and merchandising operations in Malaysia (“Joint-Venture”) (“Announcement”). Unless otherwise stated, the terms used throughout this announcement shall have the same meaning as defined in the Announcement. PRA had on 14 May 2015 announced an update on the Joint-Venture to the SGX-ST (“PRA Announcement”) that on 14 May 2015 and pursuant to the JV Agreement: PCSB had acquired the entire issued and paid-up capital of Matrix Treasure Sdn Bhd (“Matrix Treasure”) being the joint-venture company for the purpose of undertaking the Joint-Venture for a cash consideration of RM2.00 (“MT Acquisition”); and PCSB had subscribed for an additional 699,998 new ordinary shares of RM1.00 each (“MT Shares”) at par for cash consideration of RM699,998.00 (“MT Subscription”) and SKN had subscribed for 300,000 new MT Shares at par for cash consideration of RM300,000.00 in the shareholding proportion of PCSB and SKN of 70% and 30% respectively. A copy of the PRA Announcement is attached herewith. Consequent thereupon, Matrix Treasure became a 70% owned subsidiary of PRA and hence, a subsidiary of the Company. The MT Acquisition and the MT Subscription do not have a material impact on the earnings of the Group for the financial year ending 30 June 2015 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4737785

Attachments PRA Announcement.pdf

icy97

仲裁案撥備拖累‧百盛第三季淨利減95%

2015-05-28 10:28      
（吉隆坡27日訊）基於需為北京美羅城購物中心仲裁案作出一次性撥備，百盛（PARKSON，5657，主板貿服組）截至2015年3月31日止第三季淨利大幅跳水94.62%至296萬4千令吉，前期淨利為5千506萬4千令吉，但首9個月淨利仍增長20.11%至1億3千378萬5千令吉。

第三季營業額增長9.49%至10億4千888萬5千令吉，拉高9個月營業額5.18%至28億7千917萬8千令吉。

該公司發文告指出，集團在中國和東南亞區域的零售業務短期仍嚴峻，而缺乏主要慶典支撐，來季表現將因季節性因素走低。（星洲日報／財經）

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2015	31 Mar 2014	31 Mar 2015	31 Mar 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	1,048,885	957,951	2,879,178	2,737,371
2	Profit/(loss) before tax	19,906	147,858	209,217	314,998
3	Profit/(loss) for the period	4,458	102,160	142,509	185,763
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,964	55,064	133,785	111,388
5	Basic earnings/(loss) per share (Subunit)	0.29	5.25	12.63	10.43
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	2.6400		2.5000

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia Limited- Acquisition of wholly-owned subsidiaries in Malaysia
We attach herewith the announcement made on 3 June 2015 to the Singapore Exchange Securities Trading Limited (“SGX-ST”) by Parkson Retail Asia Limited (“PRA”), a 67.61% owned subsidiary of the Company listed on the SGX-ST, in relation to the acquisition on 3 June 2015 by Parkson Corporation Sdn Bhd, a wholly-owned subsidiary of PRA, of the entire issued and paid-up capital of Zillion Paramount Sdn Bhd (“Zillion Paramount”) and Super Gem Resources Sdn Bhd (“Super Gem Resources”) for a cash consideration of RM2.00 each (“Acquisition of Companies”). Consequent thereupon, Zillion Paramount and Super Gem Resources became wholly-owned subsidiaries of PRA and hence, subsidiaries of the Company. The Acquisition of Companies does not have a material impact on the earnings of the Group for the financial year ending 30 June 2015 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4763801

Attachments PRA Announcement.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Group Limited -        Inside Information  Litigation in relation to Tenancy
We attach herewith the announcement made to The Stock Exchange of Hong Kong Limited (“The HKEx”) on 5 June 2015 by Parkson Retail Group Limited (“PRGL”), a 53.07% owned subsidiary of the Company listed on The HKEx, pursuant to the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Cap 571 of the Laws of Hong Kong) and Rule 13.09(2)(a) of The Rules Governing the Listing of Securities on The HKEx (“PRGL Announcement”). PRGL had announced that Parkson Retail Development Co Ltd (an indirect wholly-owned subsidiary of PRGL) (“Tenant”) is involved in a litigation (“Litigation”) with the landlord of the Premises (as defined in paragraph 1(c) of the PRGL Announcement) (“Landlord”). The Landlord is an independent third party. In October 2014, the Tenant initiated legal proceedings at the People’s Court of the Western District of Beijing (“Court”) requesting the Court to order the Landlord to perform the Head Tenancy Agreement (as defined in paragraph 1(c) of the PRGL Announcement) and to pay all the costs in connection with the legal proceedings. In May 2015, the Landlord filed a counterclaim (“Counterclaim”) against the Tenant requesting the Court to order the Tenant to, among other things (i) vacate the Premises; and (ii) pay a fee for occupying the Premises during the period from 1 October 2014 up to the date on which the Tenant has vacated the Premises, such fee being RMB47,488,000 calculated up to 30 April 2015. The Litigation is not expected to have a material impact on the earnings of the Group for the financial year ending 30 June 2015 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2014. In furtherance to paragraph 3 of the PRGL Announcement, the Board of Directors wishes to announce that in the event all the remedies sought by the Landlord as set out below is fully granted by the Court: 1. RMB47,488,000 as a fee for occupying the Premises during the period from 1 October 2014 up to 30 April 2015 (“First Remedy”); and 2. an additional fee for occupying the Premises for the period from 1 May 2015 up to the date on which the Tenant has vacated the Premises (“Second Remedy”); the impact on the earnings and net assets of the Group upon the granting of the First Remedy is approximately RM8 million. The Board of Directors is however, unable to assess the impact in the event the Court allows the Second Remedy as the amount of such fee is unknown as at the date of this announcement. The Board further wishes to highlight that the Litigation will have no material impact to the business and operation of the Group. (For the purpose of this announcement, the exchange rate of Rmb1.00: RM0.6 is assumed).

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4766409

Attachments PRGL Announcement.pdf

icy97

EX-date	23 Jun 2015
Entitlement date	25 Jun 2015
Entitlement time	05:00 PM
Entitlement subject	Others
Entitlement description	Distribution of share dividend on the basis of three (3) treasury shares for every fifty (50) ordinary shares of RM1.00 each held in the Company, fractions of treasury shares to be disregarded
Period of interest payment	to
Financial Year End	30 Jun 2015
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	SECRETARIAL COMMUNICATIONS SDN BHD (92040-W)Level 13, Lion Office Tower,No.1, Jalan Nagasari50200Kuala LumpurTel:0321420155Fax:0321428409
Payment date	02 Jul 2015
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	25 Jun 2015
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit	23 Jun 2015
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Ratio
Ratio	3 : 50

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia Limited- Announcement of Proposed Disposal
We attach herewith the announcement made to the Singapore Exchange Securities Trading Limited (“SGX-ST”) by Parkson Retail Asia Limited (“PRA”), a 67.61% owned subsidiary of the Company listed on the SGX-ST, on 16 June 2015 on the entering into a capital assignment agreement by Parkson Vietnam Co Ltd (“Parkson Vietnam”), a wholly-owned subsidiary of PRA, with Mr Hoang Manh Cuong (“Cuong”) in relation to the disposal by Parkson Vietnam of approximately 30% equity interest in Parkson Hanoi Co Ltd to Cuong for a total cash consideration of USD5,000.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4774681

Attachments PRA Announcement.pdf

icy97

售越南臂膀止血‧百盛影響不大

2015-06-17 16:48      
（吉隆坡17日訊）百盛（PARKSON，5657，主板貿服組）脫售越南臂膀30%股權，分析員認為這降為集團達到止損的正面效果，而越南業務盈利貢獻不大，料不會對總體業務影響帶來重大打擊。

百盛67.6%子公司－－百盛零售亞洲（PRA）宣佈，將以5千美元（約1萬8千731令吉）現金脫售百盛河內有限公司30%股權，將持股從75.4%減至45.4%，整個活動料在今年6月30日完成。

大眾研究認為，相關消息一點也不讓人意外，百盛管理團隊在管理越南店面和控制租金等成本上面對挑戰，導致當地業務持續蒙虧。

目前，百盛在越南河內租賃2個店面--百盛Viet Tower和Landmark 72，但卻持續蒙虧，2014財政年稅前虧損從2013財政年的500萬新元增長至700萬新元，而2015財政年首9個月虧損更已與去年打平。

該證券行指出，百盛通過減持百盛河內股權，將之降級為聯號公司可削減虧損幅度，同時無需承擔今年1月結業的Landmark 72分店的收尾工作。

整體來看，大眾研究認為，越南現僅貢獻百盛2015財政年首9個月銷售的3%，相信上述脫售活動對集團影響不大，因此維持其“中和”評級和2令吉35仙目標價不變。

“百盛現忙於積極展店，同時關閉遲遲未能獲利的分店。儘管上述活動對其影響不大，但百盛已沒有能力保留長期虧損的店面，因集團在營運市場（特別是中國）的重新部署和重新定位工作仍需持續進行。”（星洲日報／財經‧報導：洪建文）


百盛控股 减持越南股权无碍
财经 股市 行家论股  2015-06-18 10:13
http://www.nanyang.com/node/707480?tid=462

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	PARKSON HOLDINGS BERHAD ("PHB" or the "Company") Participation by East Crest International Limited, a wholly-owned subsidiary of PHB, in the establishment of a head office management company ("Management Company")
The Board of Directors of PHB wishes to announce that East Crest International Limited, a wholly-owned subsidiary of PHB, had on 1 July 2015 participated in the establishment of the Management Company with the following parties: (i) Megavest Sdn Bhd, a wholly-owned subsidiary of Lion Diversified Holdings Berhad (“LDHB”); (ii) Sucorp Enterprise Sdn Bhd, a wholly-owned subsidiary of Lion Industries Corporation Berhad (“LICB”); (iii) Limpahjaya Sdn Bhd, a wholly-owned subsidiary of Lion Corporation Berhad (“LCB”);(iv) Posim Petroleum Marketing Sdn Bhd, a wholly-owned subsidiary of Lion Forest Industries Berhad (“LFIB”); (v) Umatrac Enterprises Sdn Bhd, a wholly-owned subsidiary of ACB Resources Berhad (“ACB”); andPHB, LDHB, LICB, LCB, LFIB and ACB, and their subsidiaries shall collectively be referred to as the “Public Group” (vi) Benapro Sdn Bhd (“Benapro”), a company wherein Tan Sri Cheng Heng Jem (“TSWC”) and Tan Sri Cheng Yong Kim (“TSAC”) who are substantial shareholders of PHB, are deemed to have a substantial interest. Benapro represents all companies (other than the Public Group) wherein TSWC and/or TSAC are deemed to have a substantial interest. The full text of the announcement is attached herewith.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4791633

Attachments PHB - Announcement.pdf

icy97

中馬消費稅利空‧百盛展望謹慎

2015-07-10 17:12      
（吉隆坡10日訊）百盛（PARKSON，5657，主板貿服組）料持續受中國消費模式改變及大馬消費稅利空因素影響，展望謹慎，分析員鑑於短期盈利風險未消散，下調財測評級。

達證券指出，百盛管理層對中國市場展望依然謹慎，因消費者還在根據經濟狀況進行結構性調整，包括經濟放緩而減少消費、肅貪導致現金禮卡銷售不及5%、綜合型購物商場導致獨立零售商缺乏吸引力及電子商務崛起。

為應對這些問題，百盛已推出網購平台、裝修一些現有分店及納入餐飲元素吸引顧客、採取“群聚”策略集中新舊分店改善庫存管理及規模經濟。

“由於同店銷售成長已從早前的11%高跌幅收窄至低雙位數，顯示最糟時期可能已過，不過一些營運風險依然顯著。”

百盛網購平台成長仍受限

該行指出，百盛網購平台還在初始階段，成長可能受限，因顧客在網上訂購後還需到百貨公司領取；加入餐飲元素雖然為正面挫舉，但還需要等待盈利效應，況且在短期內，中股強勢回調也將進一步打擊消費情緒。

大馬方面，百盛預計，消費稅效應將導致銷售維持疲弱6個月才可恢復正常水平。

達證券認為，這已反映於跌至6年低點的消費情緒，至72.6。上次該指數低於100水平是在2008年經濟風暴時期。

“大馬百盛下調2015年零售銷售，從4.9%降至4%，主要是受高成本、高生活水平及令吉疲弱導致高零售價影響，符合百盛2015財政年9個月同店銷售1.2%跌幅。”

另外，百盛也放緩新分店擴張步伐，中國市場將從早前的每年5至8間店目標減少40%，至4至5間店，大馬則預計每年開2至3間店。

位於吉隆坡Maju Junction的分店預訂在今年12月營運，資本開銷料4千萬至5千萬令吉，將結合教育娛樂概念，同時也計劃在馬六甲開設大型百貨市場，佔200萬平方米，發展分兩個階段，第一階段將在2017年完成，新店料可在1至3年內轉虧為盈。

達證券：百盛盈利風險未消散

至於以5千美元（約1萬9千令吉）脫售河內百盛30%股權後，百盛持股將從75.4%降至45.4%，此活動預計今年6月30日完成。

達證券認為，這不只降低子公司虧損的影響，也可以從中賺取100萬新元（約280萬令吉）的脫售收益及節省其中一間已結業的河內分店租金，每月有效節省49萬美元（185萬4千令吉）租金開銷。

考量中國市場持續面對結構問題、大馬市場受消費稅影響、分店組合重組利空，達證券認為百盛近期盈利風險未消散。

“營銷開銷料在2015至2018財政年走揚，從5%增至8%，中國及大馬同店銷售下滑預測分別從5%增至6%及2%增至3%，故下修2015／16／17盈利預測，料分別跌12.3%／14.4%／8.5%，至1億4千740／1億2千810萬／1億7千480萬令吉。”

鑑於盈利下調，調降目標價，從2令吉19仙降至1令吉47仙。

在過去6個月，該股已走低6%，達證券認為未見短期催化因素可推動股價，因此維持“賣出”評級。（星洲日報／財經‧文：郭曉芳）

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	Acquisition of Subsidiaries
The Board of Directors of Parkson Holdings Berhad (the “Company”) wishes to announce that Grand Parkson Retail Group Limited, a wholly-owned subsidiary of Parkson Retail Group Limited (“PRGL”) which is in turn a 53.1% owned subsidiary of the Company listed on The Stock Exchange of Hong Kong Limited, had on 10 July 2015 completed the acquisition of 70 ordinary shares of RM1 each fully paid representing 70% equity interest in YeeHaw Best Practices Sdn Bhd (“YeeHaw”) (formerly known as Brilliant Podium Sdn Bhd) for a cash consideration of RM15,000,000. YeeHaw is the owner of the “Franco” brand, a French-Japanese inspired fine-casual dining concept, which complements the Group’s existing businesses.YeeHaw is also the beneficial owner of the entire equity interest in Codecg Sdn Bhd (“Codecg”). Consequent thereupon, YeeHaw and Codecg became 70% owned subsidiaries of PRGL and hence, subsidiaries of the Company.Information on YeeHaw and Codecg are set out below: Name of Company Date / Place of Incorporation Authorised Capital Issued and Paid-up Capital Principal Activities YeeHaw 20 June 2014 / Malaysia RM400,000 comprising 400,000 ordinary shares of RM1 each RM100 comprising 100 ordinary shares of RM1 each fully paid General trading, restaurant, food and beverages (“F&B”) Codecg 11 September 2014 / Malaysia RM400,000 comprising 400,000 ordinary shares of RM1 each RM2 comprising 2 ordinary shares of RM1 each fully paid Investment holding and operations of F&B business. The acquisition of YeeHaw and Codecg does not have a material impact on the earnings of the Group for the financial year ending 30 June 2016 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2014.None of the Directors and major shareholders of the Company and/or persons connected with them has any interest, direct or indirect, in the acquisition of YeeHaw and Codecg.

icy97

拟转移零售资产予港单位 百盛控股料进账6.4亿


二零一五年七月十六日 晚上七时三分
（吉隆坡16日讯）百盛控股有限公司（PARKSON，5657，贸易服务组）献议脱售新加坡百盛零售亚洲公司（Parkson Retail Asia Ltd）的全数67.6%股权，予另一家子公司百盛零售集团（Parkson Retail Group Ltd），料将有2亿2850万新元（约6亿4142万令吉）现金进账。

百盛控股透过大马交易所发布文告指出，百盛控股独资子公司East Crest国际有限公司、百盛控股、Oroleon（香港）有限公司，以及百盛零售集团，已针对上述股权买卖达成买卖协议。

百盛控股表示，East Crest持有百盛零售亚洲的4亿5799万股，或相等于67.6%股权。East Crest将以每股0.499新元，脱售这批股权予百盛零售集团独资子公司Oroleon，此脱售价比百盛零售亚洲周二于新加坡交易所的闭市价0.47新元溢价6.2%。

根据文告，Oroleon将以现金向East Crest收购这批股权。一旦完成股权脱售计划，百盛零售亚洲将成为百盛零售集团的子公司，而百盛控股持有百盛零售集团的53.1%股权。

之后，百盛控股在百盛零售亚洲的持股权将由67.6%摊薄至35.9%，料将促使未来盈利走低。

文告披露，百盛控股建议将脱售股权筹得的现金，用以扩展业务、新投资商机，以及充作营运成本。

截至3月31日止，百盛零售集团持有10亿1000万令吉（约16亿6000万人民币）的现金。若这项计划成行，百盛零售集团的现金储备料将大量减少。

百盛控股透过文告表示，献议脱售百盛零售亚洲的股权是为了整合百盛零售亚洲的零售业务，百盛零售亚洲在东南亚零售市场占有一席之地，而百盛零售集团在中国市场也经营相同的业务。

鉴于百盛零售亚洲已立足东南亚市场，完成股权收购后，百盛零售集团可即时涉足东南亚市场，同时也将成为泛亚洲首屈一指的百货商店零售商。

“East Crest和Oroleon是根据正常商业条款，再按照百盛零售亚洲目前的股价，双方协商后得出此脱售价。”

百盛控股指出，此脱售计划是有条件的，该公司必须召开特别股东大会，寻求百盛控股和百盛零售集团股东的批准，方可进行股权脱售计划。

文告指出，百盛零售亚洲透过子公司在大马、越南、印尼和缅甸拥有67间零售商店（包括一家超市）。

百盛控股表示，预计在今年末季完成股权脱售计划。

在上述宣布后，今日跌至9年低位。百盛控股一度跌3.01%，至1.29令吉。

截至闭市，该股报1.34令吉，转起1仙或0.75%，成交量有278万1300股。

肯纳格研究维持百盛控股‘跟随大市’的评级，但目标价从1.72令吉，下调至1.43令吉，因中国营运环境严峻，因此调高控股公司的折现至35%，之前为20%。

百盛控股的最新企业发展出乎市场预料，而该研究机构则持中和立场，并指售股所得资金将可用于扩展业务、新投资机会和营运资本，但盈利将被冲淡。

肯纳格研究预计，经济放缓导致消费者信心疲弱，百盛控股将继续面对艰难的营运环境，尤其是盈利关键所在的中国市场。

“加上来自网上购物和零售空间供过于求的激烈竞争，我们相信百盛控股将需要长于预期的时间来扭转同店销售增长（SSSG）下滑趋势，因这些店已经达到成熟。”【光华日报财经】

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Group LimitedMajor and Connected Transaction - Acquisition of Shares in Parkson Retail Asia Limited
We attach herewith the announcement made to The Stock Exchange of Hong Kong Limited (“The HKEx”) on 15 July 2015 by Parkson Retail Group Limited (“PRG”), a 53.1% owned subsidiary of Parkson Holdings Berhad (“PHB”) listed on The HKEx, in relation to the entering into an agreement on 15 July 2015 (“Agreement”) by PRG, Oroleon (Hong Kong) Limited (“Oroleon”), a wholly-owned subsidiary of PRG, PHB and its wholly-owned subsidiary, East Crest International Limited (“East Crest”). Pursuant to the terms and conditions of the Agreement, subject to the fulfillment or waiver (as the case may be) of the conditions precedent, East Crest has agreed to sell and Oroleon has agreed to purchase 457,933,300 ordinary shares in Parkson Retail Asia Limited (“PRA”), a company incorporated in Singapore with limited liability, whose shares are listed and quoted on the Main Board of Singapore Exchange Securities Trading Limited, representing approximately 67.6% of the entire share capital of PRA for a cash consideration of S$228,508,716.70 (equivalent to approximately HK$1,313,742,314).

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4804717

Attachments PRGL Announcement.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PARKSON HOLDINGS BERHAD ("PHB" OR THE "COMPANY")PROPOSED INTERNAL REORGANISATION OF PHB'S GROUP STRUCTURE
This Announcement is dated 15 July 2015. On behalf of the Board of Directors of PHB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) is pleased to announce that PHB, East Crest International Limited (“East Crest”), a wholly-owned subsidiary of PHB, Parkson Retail Group Limited (“PRG”), a 53.1% owned subsidiary of PHB listed on The Stock Exchange of Hong Kong Limited (“The HKEx”), and Oroleon (Hong Kong) Limited (“Oroleon”), a wholly-owned subsidiary of PRG, had on 15 July 2015 entered into a sale and purchase agreement (“Agreement”) for the proposed disposal of 457,933,300 ordinary shares in Parkson Retail Asia Limited (“PRA”), a company whose shares are listed and quoted on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”), representing approximately 67.6% of the total issued share capital of PRA (“Sale Shares”) held by East Crest to Oroleon, for a cash consideration of SGD228,508,716.70 (equivalent to approximately RM641,423,968) (“Consideration”) or SGD0.499 per Sale Share (“Proposal”). Please refer to the attachement for further details.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4804693

Attachments PHB_Proposal.pdf

icy97

內部重组稀释盈利　百盛净利料减二成

财经  2015年07月16日
（吉隆坡16日讯）百盛控股（PARKSON，5657，主板贸服股）宣布內部重组活动，让市场感到意外；不过，分析员对该活动抱持中和態度，並认为，该內部重组活动，將导致该公司在百盛零售亚洲（PRA）的持股率减少，从而使其2016財政年（6月30日结账）净利料將减少15至20%。

百盛控股建议把新加坡掛牌的百盛零售亚洲的67.6%股权，或4亿5790万股，以2亿2285万新元（相等于6亿4140万令吉）或每股0.499新元，脱售予Oroleon（香港）有限公司。中国百盛零售集团（简称百盛中国）持有Oroleon的53.1%股权。

肯纳格研究分析员，每股售价0.499新元，比百盛零售亚洲最后闭市价0.47新元，以及截至3月杪的每股净资產值0.32新元，分別高出6%及56%。

百盛零售亚洲在新加坡掛牌，旗下子公司在大马、越南、印尼和缅甸拥有67家百货分店（包括1家超市）。

肯纳格研究分析员表示，对于百盛控股的內部重组活动抱持中和的態度。该公司脱售百盛零售亚洲股权的建议，主要是取得现金，以进行业务扩充计划、寻找新投资机会及充当营运资本。不过，鉴于在百盛零售亚洲的持股率將减少，所以將导致盈利被稀释。

一旦完成该重组活动后，百盛控股在百盛零售亚洲的有效持股率，將从目前的67.6%，降至35.9%，这意味著对百盛控股的盈利贡献將会下跌。

因此，分析员预测，百盛控股2016財政年的净利，將减少15%至20%。

另外，此项企业活动，预测不会影响百盛控股的损益表。不过，1亿零870万令吉或每股10仙收益，將使该公司的每股净资產从2.64令吉，提高至2.74令吉。

面对艰鉅营运

展望百盛控股前景，肯纳格研究分析员表示，该公司在接下来的几个季度，將续面对艰鉅的营运环境，主要是消费情绪疲软，因受到经济放缓的影响，尤其是中国市场。中国市场是该公司的核心盈利来源。

同时，在网络购物激烈的竞爭及零售单位供应过剩的情况下，分析员相信，百盛控股的同店销售成长（SSSG）需要更长的时间復甦。

分析员维持该公司的盈利预测和「与大市同步」投资评级；但是，將目標价从1.72令吉，下调至1.43令吉。【东方网财经】