Signing of Anchor Tenant Agreements
SHAH ALAM, SELANGOR


Lend Lease Investment Management Pte Ltd Director, Mr Erle William Spratt (2nd from left) and Mr Toh Peng Koon exchange documents, witnessed by S P Setia Group MD & CEO, Tan Sri Liew Kee Sin (left) and Mr Alfred Cheng (right).

Parkson recently signed an anchor agreement with Greenhill Resources Sdn Bhd for the rental of 120,000 sq ft of retail space spanning two levels at Setia City Mall in Setia Alam, Shah Alam which is expected to be operational by end-2011.

Parkson Setia Mall will be the 40th store in Malaysia. Parkson’s Chief Executive Officer, Mr Alfred Cheng said that the store would become one of Parkson’s top 10 stores in terms of turnover in Malaysia within three to five years of operation.
KUCHING , SARAWAK


Plaza Merdeka Managing Director, Mr Steve Ng (left) exchanging documents with Mr Toh Peng Koon after the signing ceremony.

Parkson’s new store in Kuching, Sarawak which is scheduled to open in the second quarter of 2012 has been unveiled as the anchor tenant for the proposed Plaza Merdeka Shopping Mall in the city centre.

The store will be Parkson’s third outlet in Kuching and fifth in the state. Parkson’s Chief Operating Officer, Mr Toh Peng Koon said it would be the largest store in Kuching with 135,000sq ft. "It will be our flagship store and slightly more upmarket than the current stores. We will bring in higher-end brands for the middle to upper segment market here," he added.

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