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Parkson Retail Group ( (HK:3368) ) has shared an update.
Parkson Retail Group Limited announced the voluntary dissolution of its indirect wholly-owned subsidiary, Shanghai Shihong Supermarket Co., Ltd., which operated gourmet supermarkets in China. The dissolution is part of the company’s strategic initiative to redeploy and optimize its resources, indicating a shift in their operational focus and potentially impacting future market strategies.
More about Parkson Retail Group
Parkson Retail Group Limited is a company incorporated in the Cayman Islands, primarily involved in the retail sector, focusing on operating gourmet supermarkets through its subsidiaries.
For a thorough assessment of 3368 stock, go to TipRanks’ Stock Analysis page.
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