Parkson Holdings Berhad ("PHB") was incorporated in Malaysia under the Companies Act 2016 on 26 August 1982 as a private limited liability company under the name of Amalgamated Cement Mills Sdn Bhd. Subsequently, it changed its name to Amalgamated Containers Sdn Bhd on 27 August 1988 and was converted to a public limited liabilty company under the name of Amalgamated Containers Berhad on 17 August 1992. It was listed on the Main Market of Bursa Malaysia Securities Berhad on 28 October 1993 and assumed its present name on 19 September 2007.
PHB is an investment holding company with stakes in Parkson Retail Asia Limited ("PRA") and Parkson Retail Group Limited ("PGRL"), listed on the Singapore Exchange Securities Trading Limited and The Stock Exchange of Hong Kong Limited respectively. Its subsidiaries are involved in retail business, operation of department stores and food and beverage businesses, investment holding, property management, property development and project management, provision of consultancy and/or management services, wholesale and retail of cosmetic and related products, distribution and retailing of fashionable goods, provision of money lending and credit services and intellectual property holding.
PRA which was listed on 3 November 2011, operates 38 Parkson department stores in Malaysia and 1 in Vietnam.
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"). The PRGL Group operates and manages 41 department stores (including concept stores "Parkson Beauty"), 1 Lion Mall, 2 Parkson Newcore City Malls, supermarkets, fashion, and food and beverage outlets in 30 major cities. The PRGL Group is also involved in the consumer financing business through Parkson Credit Sdn Bhd which provides the convenience of purchasing motorcycles and household appliances via easy instalment payment.