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Parkson Gets Approval To Exit SGX's Watch List

Business Today ·  Oct 3 22:04

Parkson Retail Asia Limited updated shareholders that the company's application to the SGX-ST to seek its approval to exit from the Watch-List has been approved.
The retail group said it received SGX-ST's letter dated 2 October 2024 on its approval in principle with respect to the Exit Application, subject to an immediate announcement being made by the company on the outcome of the Exit Application. The
SGX-ST has also informed that the Company will be removed from the Watch-List with effect from 4 October 2024.

Parkson also reminded its Shareholders and potential investors that the SGX-ST reserves the right to amend and/or vary the above confirmation/decision and such confirmation/decision is subject to changes in the policies of the SGX-ST. As such, it advises shareholders and potential investors to exercise caution when dealing in the shares of the company and to consult their professional advisers if they are in doubt as to the action they should take.

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