|Parkson Holdings Berhad (PHB) was incorporated under the Companies Act, 1965 on 26 August 1982 as a private limited liability company under the name of Amalgamated Cement Mills Sdn Bhd. On 27 August 1988, it changed its name to Amalgamated Containers Sdn Bhd. It was converted to a public company on 17 August 1992 and assumed its present name on 19 September 2007. PHB was listed on the Main Market of Bursa Malaysia Securities Berhad on 28 October 1993.
PHB is an investment holding company with stakes in Parkson Retail Asia (PRA) and Parkson Retail Group Limited (PGRL), listed on the Singapore Stock Exchange and Hong Kong Stock Exchange respectively. It also owns and manages KL Festival City mall located in Setapak, Kuala Lumpur.
PRA which was listed on 3 November 2011, operates a total of 60 department stores in Malaysia, Vietnam, Indonesia and Myanmar. Under the Parkson brand name, it has 38 stores in Malaysia, 9 in Vietnam and one each in Myanmar and Indonesia. In Indonesia, it also has 10 stores under the brand name of Centro Lifestyle Department Store and a Kem Chicks Supermarket.
PRGL, which made its debut listing on 30 November 2005 is one of the premier retail operators in the People’s Republic of China (PRC) having an extensive network of 58 department stores covering 37 major cities in 23 provinces across PRC.