【PARKSON 5657 交流专区】百盛控股

icy97

收购姐妹公司股权 百盛零售评级不变

财经新闻 财经  2015-07-19 10:47
（吉隆坡18日讯）百盛零售集团收购姐妹公司股权，不影响国际评级机构穆迪（Moody's）监定的评级。

穆迪指出，这包括百盛零售“Ba3”的家族企业评级、高级无担保债券评级和“稳定”的前景。

上周三，百盛零售集团宣布，以2亿2851万新币（约6亿3765万令吉）收购在东南亚有67分店的百盛零售亚洲（PRA）的67.6%股权。

百盛零售集团和百盛零售亚洲都是百盛控股（PARKSON，5657，主板贸服股）所持有的公司；并没有付息债务。

没有风险

穆迪估计，百盛零售亚洲截至3月杪的营业额约达25亿人民币（约15.32亿令吉），扣除利息、税务、折旧与摊销前盈利（EBITDA）则料达9亿人民币（约5.51亿令吉）。

穆迪认为，百盛零售集团的收购，执行层面上没有显着风险。

零售消费走缓，加上过去12至18个月的成本高涨，百盛零售亚洲确实面临一些挑战，导致2015财年的营运净利跌5%至10%。

但穆迪相信，这收购可将主要零售资产归纳在同一个“屋檐”下，让两家公司更有效地达到资源和管理共享的好处，且能减低成本。【南洋网财经】

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PARKSON HOLDINGS BERHAD ("PARKSON HOLDINGS" or the "COMPANY")- Disposal of Subsidiaries
he Board of Directors of Parkson Holdings wishes to announce that AUM Hospitality Sdn Bhd (“AUMH”), a 60% owned subsidiary of the Company, had on 6 August 2015 completed the disposal of (i) 2 ordinary shares of RM1 each fully paid representing 100% equity interest in The Library Gastropub VII Sdn Bhd (“LGSB”); and (ii) 100 ordinary shares of RM1 each fully paid representing 100% equity interest in Taste of The World Sdn Bhd (“TWSB”) together with its wholly-owned subsidiary, The Geographic Adventure Sdn Bhd (collectively, the “Companies”) to Connexion Holdings Sdn Bhd (“Connexion”) for a cash consideration of RM2 and Connexion assuming all amounts due by LGSB and TWSB to AUMH of an amount of RM3 million payable within 30 months (“Disposal of Subsidiaries”) upon the terms and subject to the conditions of the Sale of Shares Agreement in relation to the Disposal of Subsidiaries. Consequent thereupon, the Companies ceased to be subsidiaries of the Company on 6 August 2015. The Disposal of Subsidiaries does not have a material impact on the earnings of the Group for the financial year ending 30 June 2016 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2014. None of the Directors and major shareholders of the Company and/or persons connected with them has any interest, direct or indirect, in the Disposal of Subsidiaries.

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia Limited- Acquisition of wholly-owned subsidiaries in Malaysia
We attach herewith the announcement made on 17 August 2015 to the Singapore Exchange Securities Trading Limited (“SGX-ST”) by Parkson Retail Asia Limited (“PRA”), a 67.61% owned subsidiary of the Company listed on the SGX-ST, in relation to the acquisition on 17 August 2015 by Parkson Corporation Sdn Bhd, a wholly-owned subsidiary of PRA, of the entire issued and paid-up capital of Bold Paramount Sdn Bhd (“Bold Paramount”) and Perfect Gatelink Sdn Bhd (“Perfect Gatelink”) for a cash consideration of RM2.00 each (“Acquisition of Companies”). Consequent thereupon, Bold Paramount and Perfect Gatelink became wholly-owned subsidiaries of PRA and hence, subsidiaries of the Company. The Acquisition of Companies does not have a material impact on the earnings of the Group for the financial year ending 30 June 2016 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4830821

Attachments PRA Announcement.pdf

icy97

icy97 发表于 17-7-2015 03:36 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4804693

售狮城百盛收益 百盛每股回退10仙

财经新闻 财经  2015-08-18 12:19
（吉隆坡17日讯）百盛控股（PARKSON，5657，主板贸服股）建议，从早前的内部重组计划中拨出部分收益，派发每股10仙的现金给股东。

早前，百盛控股建议通过内部重组，以2亿2851万新币（约6亿6581万令吉），脱售新加坡百盛零售亚洲（PRA）的67.6%股权，给另一家香港子公司。

脱售收益原计划用来扩充业务、展开新投资及作为营运资本等。

惟百盛控股今天发出文告表示，建议修改资金用途，即把部分资金，当做现金回退给股东，回馈股东的支持。

明年首季完成
根据截至上周五（14日）发行及缴足股本，百盛控股料通过此计划，回退约1亿926万令吉的现金给股东。

这项现金分发将以资本回退的方式，通过削减股票溢价户口的金额来完成，预计可在明年首季完成。【南洋网财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PARKSON HOLDINGS BERHAD ("PHB" OR THE "COMPANY")(I) PROPOSED INTERNAL REORGANISATION; AND(II) PROPOSED DISTRIBUTION(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
This Announcement is dated 17 August 2015. We refer to the announcement dated 15 July 2015 in relation to the Proposed Internal Reorganisation (“First Announcement”). Unless otherwise stated, the terms used throughout this announcement shall have the same meanings as defined in the First Announcement. On behalf of the Board of Directors of PHB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) is pleased to announce that subject to the completion of the Proposed Internal Reorganisation, the Company proposes to vary the utilisation of proceeds from the Proposed Internal Reorganisation as announced in the First Announcement to include a cash distribution of RM0.10 for each ordinary share of RM1.00 in PHB (“PHB Share(s)”) to the entitled shareholders of PHB, which amounts to approximately RM109.26 million based on the issued and paid-up share capital (excluding treasury shares) of PHB as at 14 August 2015, being the last practicable date prior to this Announcement (“LPD”). The cash distribution will be implemented by way of a proposed capital repayment via a reduction of the share premium account of PHB pursuant to Sections 60(2) and 64 of the Companies Act, 1965 (“Act”).

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4830909

Attachments PHB_Proposals.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia Limited- Completion of the Proposed Disposal of Indirect Subsidiary
Reference is made to the announcement made by the Company on 16 June 2015 in relation to the announcement by Parkson Retail Asia Limited (“PRA”), a 67.61% owned subsidiary of the Company listed on the Singapore Exchange Securities Trading Limited, on the proposed disposal by Parkson Vietnam Co Ltd, a wholly-owned subsidiary of PRA, of approximately 30% equity interest in Parkson Hanoi Co Ltd (“Parkson Hanoi”) to Mr Hoang Manh Cuong for a cash consideration of USD5,000 (“Proposed Disposal”). PRA had on 18 August 2015 announced that the Proposed Disposal has been completed on 17 August 2015 (“PRA Announcement”). A copy of the PRA Announcement is attached herewith. Consequent thereupon, Parkson Hanoi ceased to be a subsidiary of PRA and the Company with effect from 17 August 2015. The Proposed Disposal does not have a material impact on the earnings of the Group for the financial year ending 30 June 2016 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4832457

Attachments PRA Announcement.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia Limited - Completion of the Proposed Disposal of Indirect Subsidiary
We refer to the announcement made by Parkson Holdings Berhad (“PHB”) on 18 August 2015 in relation to the announcement by Parkson Retail Asia Limited (“PRA”) on the Completion of the Proposed Disposal of Indirect Subsidiary (“PHB Announcement”).The copy of the PRA Announcement attached to the PHB Announcement has been replaced.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4832501

Attachments PRA Announcement.pdf

icy97

百盛零售亚洲CEO辞职

财经新闻 财经  2015-08-23 10:32
（吉隆坡22日讯）百盛控股（PARKSON，5657，主板贸服股）宣布，旗下新加坡臂膀百盛零售亚洲（PRA）总执行长兼执行董事杜平坤（译音）将于下月18日卸下所有职务。

该集团指出，对于杜平坤在服务期间为公司的付出和贡献，深表感激。

同时，百盛控股主席兼董事经理钟廷森长女钟惠严，受委为百盛零售亚洲执行主席。

钟惠严目前在百盛品牌部担任业务发展经理，主要负责引起国际品牌至东南亚市场，同时也为百盛引起专属品牌。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia Limited ("PRA")(a) Retirement of the Chief Executive Officer and his resignation as a Director of PRA; and(b) Appointment of an Executive Director
We attach herewith the announcement made on 21 August 2015 to the Singapore Exchange Securities Trading Limited (“SGX-ST”) by Parkson Retail Asia Limited (“PRA”), a 67.61% owned subsidiary of the Company listed on the SGX-ST, in relation to the following changes to the Board of PRA with effect from 18 September 2015:(a) Retirement of Mr Toh Peng Koon from his position as the Chief Executive Officer of PRA. Mr Toh will also step down as an Executive Director of PRA on his retirement; and(b) Appointment of Ms Cheng Hui Yuen, Vivien as an Executive Director of PRA.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4837417

Attachments PRA Announcement.pdf

icy97

海內外銷售萎縮‧百盛末季轉虧9095萬

2015-08-27 10:30      
（吉隆坡26日訊）海內外同店銷售（SSS）負成長，百盛（PARKSON，5657，主板貿服組）第四季淨利由盈轉虧，從2千676萬令吉淨利轉虧至9千零94萬9千令吉，促使全年淨利下滑68.99%，至4千283萬6千令吉。

第四季營業額上揚5.21%至8億5千903萬8千令吉，推動全年營業額走揚5.19%至37億3千821萬6千令吉。該集團發文告指出，大馬、中國、越南及緬甸同店銷售取得負成長，印尼業務雖然取得8%同店銷售成長率，卻受新店開張成本影響而蒙虧；產業及其他業務貢獻則增至9千900萬令吉。

展望前景，百盛預計，中國經濟放緩及電子商務崛起料持續一段時間，消費情緒趨軟影響，東南亞業務料在近期面臨挑戰。（星洲日報／財經）

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2015	30 Jun 2014	30 Jun 2015	30 Jun 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	859,038	816,511	3,738,216	3,553,882
2	Profit/(loss) before tax	-156,464	67,506	52,753	382,504
3	Profit/(loss) for the period	-159,122	53,292	-16,613	239,055
4	Profit/(loss) attributable to ordinary equity holders of the parent	-90,949	26,760	42,836	138,148
5	Basic earnings/(loss) per share (Subunit)	-8.75	2.56	4.06	13.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	2.4300		2.4900

Remarks :

Note 6 : Dividend - In respect of the financial year ended 30 June 2015 :i) On 8 August 2014, a total of 61,703,857 treasury shares were distributed as share dividend on the basis of three (3) treasury shares for every fifty (50) ordinary shares of RM1.00 each held in the Company, fractions of treasury shares being disregarded;ii) On 26 March 2015, a total of 50,954,468 treasury shares were distributed as share dividend on the basis of one (1) treasury share for every twenty (20) ordinary shares of RM1.00 each held in the Company, fractions of treasury shares being disregarded; andiii) On 2 July 2015, a total of 61,839,781 treasury shares were distributed as share dividend on the basis of three (3) treasury shares for every fifty (50) ordinary shares of RM1.00 each held in the Company, fractions of treasury shares being disregarded.

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Date of change	26 Aug 2015
Name	MISS CHENG HUI YEN, NATALIE
Age	32
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment
Qualifications	Bachelor of Arts in Media and Communications from University of Melbourne, Australia
Working experience and occupation	Ms. Cheng joined Parkson Corporation Sdn Bhd in 2005 as an Assistant Buyer in the Cosmetics and Fragrances Department followed by the Gents and Sports Departments, and she is now heading the Merchandising Department as Director - Merchandising. Prior to joining Parkson, Ms. Cheng who is fluent in Mandarin had worked for Saatchi & Saatchi Beijing in the People's Republic of China as an intern in the Strategic Planning Department before returning to Malaysia. Her job in Saatchi included conducting market surveys and street interviews, and carrying out research for clients' brands.Apart from overseeing Parkson's Merchandising Department in Malaysia, Ms. Cheng regularly visits the Parkson stores in China, Indonesia and Vietnam to keep abreast of the retail scene in these countries as well as in Malaysia for the improvement of Parkson stores.
Directorship of public companies (if any)	NIL
Family relationship with any director and/or major shareholder of the listed issuer	Ms Cheng is the daughter of Tan Sri William H.J. Cheng, the Chairman, Managing Director and a major shareholder of the Company.
Any conflict of interests that he/she has with the listed issuer	She does not consider herself independent in areas where her father, Tan Sri William H.J Cheng, the Chairman, Managing Director and a major shareholder of the Company, has declared his conflict of interest.
Details of any interest in the securities of the listed issuer or its subsidiaries	She holds 50,000 ordinary shares in Parkson Retail Asia Limited, a subsidiary of the Company listed on the Singapore Exchange Securities Trading Limited.
Due Date for MAP	26 Dec 2015

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Group Limited - Appointment of Executive Director
We attach herewith the announcement made on 28 August 2015 to The Stock Exchange of Hong Kong Limited (“The HKEx”) by Parkson Retail Group Limited (“PRGL”), a 53.49% owned subsidiary of the Company listed on The HKEx, in relation to the appointment of Ms Juliana Cheng San San as an Executive Director of PRGL with effect from 28 August 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4852557

Attachments PRGL Announcement.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia Limited- Incorporation of a Wholly-Owned Subsidiary in Vietnam
We attach herewith the announcement made on 1 October 2015 to the Singapore Exchange Securities Trading Limited (“SGX-ST”) by Parkson Retail Asia Limited (“PRA”), a 67.61% owned subsidiary of the Company listed on the SGX-ST, in relation to the incorporation by Parkson Corporation Sdn Bhd, a wholly-owned subsidiary of PRA, of a wholly-owned subsidiary in Vietnam known as Parkson Trading (Vietnam) Company Limited (“Parkson Trading Vietnam”). The investment certificate issued on 15 September 2015 was received by PRA on 30 September 2015. Consequent thereupon, Parkson Trading Vietnam became a wholly-owned subsidiary of PRA and hence, a subsidiary of the Company.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4882913

Attachments PRA Announcement.pdf

icy97

由盈轉虧‧百盛前景挑戰大

2015-10-11 19:20      

讀者鐘先生問：
百盛（PARKSON，5657，主板貿服組）最新業績表現及業務情況如何。
股價為何跌得這麼慘，可以買嗎？

答：
截至2015年6月30日為止，百盛第四季業績由盈轉虧，即蒙受淨虧損9千零94萬9千令吉（每股淨虧8.75仙），前期則是取得淨利2千676萬令吉（每股淨利2.56仙）。其營業額為8億5千903萬8千令吉，前期為8億1千651萬1千令吉。

2015財政年，全年淨利為4千283萬6千令吉（每股淨利為4.06仙），前期淨利為1億3千814萬8千令吉（每股淨利為13仙）。全年的營業額為37億3千821萬6千令吉，前期為35億5千388萬2千令吉。該公司的每股資產值為2令吉43仙。

全年淨利重挫

肯納格研究在評論業績表現時指出，該公司2015年全年核心稅後及少數利益淨利（PATAMI）實為8千零70萬令吉（按年重挫41.6%），惟這不包括脫售Festival城市購物中心所賺取的1億零890萬令吉、為租約仲裁判決一次過提供撥備4千380萬令吉（它持有百盛中國53.1%股權所承擔的部份），以及為可能開支及資產值減記提供撥備（百盛部份承擔約為1億零300萬令吉）等。

至於第四季的營業額下跌至10億4千800萬令吉。在大馬業務方面，同間分店銷售成長（SSSG）下跌17%（比較第三季為增長8%），其中受到大馬政府於4月1日開始實施消費稅之前先行購物，使消費稅後的買氣大減所致。

在海外市場業務方面，中國業務在第四季的同間分店銷售成長出現負4%，第三季為3.4%。印尼市場則取得12%成長（第三季為3.4%）、越南則下跌7.2%（第三季則下跌2.1%），而緬甸業務則取得13.6%成長（第三季為12.7%）。

肯納格研究表示，若是不包括資產減值及可能開支的撥備（百盛部份佔8千萬令吉），其實，該公司的2015年第四季的核心淨虧損為1千零90萬令吉（比較第三季為淨利為4千600萬令吉）。

續面對艱辛營運環境

肯納格研究在8月27日剖析報告中，提到百盛前景時指出，預料百盛持續面對艱辛的營運環境，主要是經濟放緩導至消費者情緒低迷的衝擊，特別是作出最大盈利貢獻的中國市場。

同時，受到網上購物的激烈競爭，以及零售空間供應過剩的干擾，相信百盛需要更長時間來扭轉其同間分店銷售成長。上述業務情況，特別是其國內外業務前景深具挑戰，料將是其股價下跌的個中主因。

該行將其2016年財政年淨利預測下調20%，主要是反映中國的同間分店銷售成長走低，以及較高的新店啟業虧損。該行給它未來12個月的目標價為1令吉17仙（比較之前為1令吉43仙），當時，給予“與大市一致”評級。

此估值的風險，主要是中國經濟复甦比市場預期較快。所以，可不可以買，上述一點資料供參考。（星洲日報／投資致富‧投資問診‧文：李文龍）

icy97

子公司6.8亿股权交易被否决 百盛内部重组告吹

财经新闻 财经  2015-10-14 13:45
（吉隆坡13日讯）百盛控股（PARKSON，5657，主板贸服股）价值2亿2851万新元（约6亿8154万令吉）的子公司股权交易，未获子公司股东放行，内部重组活动因而宣告终止。

早前，百盛控股建议，通过子公司EastCrest国际，把新加坡百盛零售亚洲（PRA）67.6%股权，脱售给香港子公司百盛零售集团（PRG）旗下的Oroleon公司。

公司昨日发文告指出，这宗股权交易的议案，没有在PRG的特大上，获得股东放行。

在特大中，共有持股率达63.4%的PRG股东，反对这宗总值2亿2851万新元的股权交易，因此，百盛控股将终止该重组活动。

由此，百盛控股早前宣布，从这宗交易拨出部分收益，每股派发10仙现金给股东的建议，也将被终止。

锺廷森：续推动长期增长

百盛控股主席兼董事经理丹斯里锺廷森表示，虽然交易并未获得批准，但董事部还是会继续履行承诺，推动公司长期增长，并为股东创造价值。

“公司会凭借辉煌纪录、广泛的销售网络和供应商的良好关系，去寻找转型策略，放眼成为零售领域龙头。”

百盛控股早前希望通过脱售PRA的67.6%股权，筹资2亿2851万新元，在未来2年用作业务扩张、新投资项目及营运开销等。

同时，这宗交易也可整合PRA的零售业务，该公司共有67家分店，零售网络遍布大马、越南、印尼和缅甸。【南洋网财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PARKSON HOLDINGS BERHAD ("PHB" OR THE "COMPANY")(I)        PROPOSED INTERNAL REORGANISATION; AND(II)        PROPOSED DISTRIBUTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
We refer to the announcements dated 15 July 2015 and 17 August 2015 in relation to the Proposals (“Earlier Announcements”). Unless otherwise stated, the terms used throughout this announcement shall have the same meanings as defined in the Earlier Announcements. On behalf of the Board of Directors of PHB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) hereby announce that Parkson Retail Group Limited (“PRG”) had today announced that the ordinary resolution approving the proposed acquisition by PRG of the 457,933,300 ordinary shares in the capital of Parkson Retail Asia Limited (“PRA”) from East Crest International Limited (“Proposed Acquisition”) was not passed by its independent shareholders at the extraordinary general meeting held on 12 October 2015 (“EGM”) by way of poll. Please refer to the attachment for PRG’s announcement on the outcome of the EGM and the cessation of the Proposed Acquisition. As announced on 15 July 2015, the Proposed Internal Reorganisation is conditional upon, amongst others, the passing by PRG’s independent shareholders at the EGM of all resolutions required under the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (“PRG’s Resolution”). As the PRG’s Resolution was not passed by PRG’s independent shareholders at the EGM, the said condition (which is not waiveable by Oroleon (Hong Kong) Limited, being the Purchaser) was not fulfilled and thus, the Agreement shall cease to be of any effect except for certain clauses including but not limited to the confidentiality clause and save in respect of any claims arising out of any antecedent breach of the Agreement. Accordingly, the Proposed Internal Reorganisation will not proceed. On behalf of the Board, AmInvestment Bank also hereby announce that the Proposed Distribution will not proceed as it is conditional upon the completion of the Proposed Internal Reorganisation.   This Announcement is dated 12 October 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4891913

Attachments PRG announcement.pdf

icy97

股東反對內部重組 百盛控股不派息陷跌

財經股市13 Oct 2015 23:00
（吉隆坡13日訊）百盛控股（PARKSON，5657，主要板貿服）無法獲得香港股東通過內部重組議案，股東將無法享有每股10仙股息，拖累股價走跌。

百盛控股週一（12日）向馬證交所報備，在特別股東大會上，因香港上市子公司百盛商業集團（Parkson Retail Group）的獨立股東否決議案，無法通過內部重組計劃。

基于無法通過內部重組議案，百盛控股的股東將無法享有在8月份所建議的每股10仙股息。

百盛控股在7月份建議，將新加坡的百盛商業亞洲（Parkson Retail Asia）全數股權，以2億2800萬新元（約6億4100萬令吉）現金，脫售給百盛商業集團的獨資子公司，即Oroleon （香港）有限公司。百盛控股持有百盛商業亞洲67.6%股權。

大馬投資研究指出，百盛控股原先打算將這筆6億4100萬令吉現金，用作業務擴充、投資與營運資本，以及融資在柬埔寨建設商場。

但該行認為，百盛控股、百盛商業亞洲及百盛商業集團具備強勁資產負債表，皆處在淨現金狀態，料在融資方面都不成問題。

在與百盛控股 管理層進行會議前，大馬投資研究維持該股“買進”評級，合理價格為1.60令吉。

百盛控股今日1.08令吉開盤，先跌1仙，大部份時間處在1.08令吉至1.09令吉之間游走，以1.08令吉掛休；半日成交量71萬6608股。該股午盤難逃跌勢，閉市平盤報1.09令吉，成交量達113萬8600股。

不重組未必是壞事

考量到脫售百盛商業亞洲股權，將降低百盛控股盈利，大馬投資研究認為，內部重組議案受阻，並不完全是壞消息。

大馬投資研究指出，如果將百盛商業亞洲脫售給百盛商業集團，將拉低來自百盛商業亞洲的盈利貢獻。

“我們目前的預測，反映新的機構結構（沒有通過內部重組），對目前的盈利預測來說，出現一些上漲空間。這是因為脫售百盛商業亞洲股權，會拉低百盛控股的盈利。換句話說，內部重組不通過，百盛控股將以整合（非根據持股）的方式，納入百盛商業亞洲的盈利貢獻。”【中国报财经】

icy97

标普： 收购没纳入考量 百盛重组失败不影响评级

财经新闻 财经  2015-10-15 07:43
（吉隆坡14日讯）虽然百盛零售集团（PRG）收购新加坡百盛零售亚洲（PRA）失败，但不影响标准普尔（S&P）给予前者的评级。

这是因为，标准普尔没有把收购建议纳入预测内。

百盛零售集团和百盛零售亚洲，都是百盛控股（PARKSON，5657，主板贸服股）所持有的公司。

标准普尔在报告中指出：“我们预计百盛控股的财务表现，在未来12个月内，将持续受压。”

这与公司上半年疲弱的营运表现相符，其中，同店销售（SSS）跌4.6%，总销售收益也挫3%。

标准普尔估计，百盛控股在未来12个月内，会持续面临严峻的挑战和高昂的营运成本，因目前经济放缓，导致消费者情绪低迷。

谨慎控制利息开销

然而，该公司却有望从较佳的特许经营模式，取得正面的营运现金流，以支撑稳健的流动性和持久的净现金地位。

标准普尔相信，百盛控股的财务杠杆将继续偏高，现金流将不充足，因公司积极展开扩展。

不过，在严谨控制利息开销，和稳定蒙亏店面的营运表现后，未来12个月的扣除利息、税务、折旧与摊销前盈利（EBITDA）的利息覆盖倍数（interest coverage ratio），料能超越2倍。

今年7月，百盛零售集团宣布，以2亿2851万新币（约6亿3765万令吉）收购在东南亚有67分店的百盛零售亚洲的67.6%股权。

但这并没有获子公司股东放行，内部重组活动宣告终止。【南洋网财经】

icy97

比10仙更重要的問題

2015-10-18 19:54      
百盛（PARKSON，5657，主板貿服組）藉整合旗下兩家子公司套現6億4千萬令吉的計劃，上週因香港上市子公司百盛零售集團（PRG）的獨立股東們投票反對，半路腰斬。

百盛原本打算在完成整合後，派發每股10仙現金給股東，但隨交易取消，股東們的期待也瞬間化作泡影。

今年7月，百盛提議以約6億4千萬令吉，把持股67.6%的新加坡上市零售臂膀——百盛零售亞洲（PRA），注入持股53.1%的PRG之中；由於持股上的差異，這將導致百盛在PRA的持股被稀釋剩35.9%，未來盈利貢獻也將減少。

好消息卻是，百盛可藉此套現6億4千萬令吉現金，這筆數目相等於百盛總市值的超過50%，可謂非常可觀，加上PRA本身也面對盈利減少的問題，和每股將獲10仙現金，百盛的小股東們大多樂見這宗交易的完成，可惜事與願違。

投票數據顯示，PRG獨立股東是以高達63.44%的反對票否決了收購PRA股權的交易；香港媒體報道，反對原因是PRA過去3個財政年盈利持續下跌，並質疑收購難創造價值，因兩家公司的業務地點不同。

作為馬股的大型零售公司之一，業務遍佈亞洲的百盛過去幾年過得並不如意，各主要業務市場大多面對銷售和賺幅受壓問題，這不僅造成百盛業績連續幾年陷入低迷，股價更從2012年初的約4令吉40仙（經除權），一路滑落至目前的約1令吉10仙水平，跌幅高達驚人的75%。

當初在高位買進的股東，無不大嘆倒楣，雖然百盛在該段期間曾數次派庫存股，股東非一無所獲，但比起賬面上的巨額虧損卻是杯水車薪，得不償失。

實際上，讓不少百盛股東始終抱有一線希望、選擇繼續持股的關鍵原因，在於百盛的基本面仍穩定，不但每股淨資產高達2令吉43仙，還持有27億8千萬令吉的現金，而該公司在區域各國所打下的強大零售網絡，也是賣點之一。

問題在於，管理層要如何把業務導回正軌，讓內在價值發酵，讓盈利止跌回揚，這正是股票能否重贏投資者信心的關鍵。

脫售資產套現固然可解一時之癢，但若管理層對有關資產的未來展望有信心，比如說PRA股權，那在此時脫售未必是好事，只因未必能取得理想的售價，更何況百盛本身既已掌握龐大現金，又何需急於把PRA套現？

至於眼睜睜看著每股10仙現金飛走的股東們，或許該這麼看：與其老想著對整體投資無太大影響的10仙現金，不如更用力想想看，究竟是要繼續把守股票，耐心等待放晴的時刻到來，還是忍痛一刀斬下，認賠退場轉找其他機會吧。（星洲日報／投資致富‧投資茶室‧文：李三宇）

icy97

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia Limited- Acquisition of an indirect wholly-owned subsidiary in Malaysia
We attach herewith the announcement made on 28 October 2015 to the Singapore Exchange Securities Trading Limited (“SGX-ST”) by Parkson Retail Asia Limited (“PRA”), a 67.61% owned subsidiary of the Company listed on the SGX-ST, in relation to the acquisition on 28 October 2015 by Parkson Corporation Sdn Bhd, a wholly-owned subsidiary of PRA, of the entire issued and paid-up capital of Solid Gatelink Sdn Bhd (“Solid Gatelink”) for a cash consideration of RM2.00 (“Acquisition”). Consequent thereupon, Solid Gatelink became a wholly-owned subsidiary of PRA and hence, a subsidiary of the Company. The Acquisition does not have a material impact on the earnings of the Group for the financial year ending 30 June 2016 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4905225

Attachments PRA Announcement.pdf

icy97

内部重组遭否决 百盛转型计划照跑

29/10/201518:46
（吉隆坡29日讯）如果位于吉隆坡的百盛控股有限公司（PARKSON，5657，贸易服务组）能够动用香港上市子公司百盛零售集团有限公司（PRG）的24亿令吉庞大现金储备，那就可大举开设购物商场。

控制性股东丹斯里钟廷森认为，商场投资是一项策略，从而脱离百货公司的模式，他认为后者的经营模式是过时的。他希望百盛控股能拥有自己的购物商场和它自己的消费品牌舰队。而且他也将目光瞄准了网上购物领域，期望能够从中分一杯羹。

这个宏伟计划听起来很不错，因为它将可保持百盛相关的消费者，尤其是当集团盈利下降。但是它的计划触礁，因为香港的少数股东拒绝以6亿4100万令吉向百盛控股购买在新加坡上市的百盛零售亚洲有限公司（百盛亚洲）67.6％股份。

百盛控股目前是百盛零售集团和百盛亚洲的控股股东，分别持有53.1％和67.6％股权。百盛亚洲在马来西亚、越南、印尼和缅甸合共拥有67家百货公司。

该重组方案主要是将百盛零售集团的6亿1440令吉现金转至百盛控股。但是，目前遭到阻止。因此，市场人士观望钟氏会否有其他计划，可以取得香港子公司的庞大现金储备来启动他的商场业务。

据百盛控股的2014年报显示，截至2014年6月30日止，集团的现金余额为890万令吉，而其综合资产负债表则显示出有26亿令吉的现金余额。

虽然，上述股份出售计划遭到终止，但是不会对百盛集团的宏伟计划造成影响，因为该集团可以寻求项目融资。

据百盛控股在今年8月17日宣布，它计划将售股后所获得的资金用作业务拓展，新投资机会和/或营运资金，然而在这个时刻尚未确定用途的比例。

百盛控股说：“扩充业务可能会包括在柬埔寨兴建一座购物中心，在这方面我们将会寻求其他选项，如项目融资和/或合资企业来推行该项目。”

钟氏表示：“该计划是将百盛集团在未来10年内，从以往百货商场的轻型资产营运模式，转变成一家综合大型商场的业主兼管理者的重型资产营运模式。而我的目标是在10年内拥有至少10家由自已管理的商场。”

首个商场于去年5月在中国山东省青岛市开张。同时，该集团还在马六甲的填海土地上，斥资4亿令吉建造海滨商场。百盛还计划在柬埔寨建造一个7万平方米的商场，并由旗下百货公司来领导。

虽然百盛集团在中国的业务以一个良好的基础起步，但在过去3年出现震动，主要是中国经济增长放援，加上当地政府致力打击贪污，导致消费支出疲弱。

在中国，对于传统的实体零售商来说，网上购物已经成为日益激烈的竞争对手。这对百盛集团是一个大打击，因为它的收入和利润大部分来自中国业务。

近几年百盛集团的收入一直下降。它的净利润从2012财年的3亿8008万令吉下降至2015财年的4284万令吉。不过，营业额由去年的115亿8000万令吉轻微上升3.1％至119亿4000万令吉。

它在马来西亚、中国、越南和缅甸的业务，一直受到同店销售收缩所困扰。只有印尼在2015财年的同店销售取得正面增长8％。【光华日报财经】

icy97

百盛联营销售LOL产品

财经新闻 财经  2015-11-05 09:45
（吉隆坡4日讯）百盛控股（PARKSON，5657，主板贸服股）旗下新加坡百盛零售亚洲（PRA）子公司百盛企业（简称PCSB），以联营方式，销售“LOL”品牌的服饰和产品。

根据文告，该公司是与Superb Apparel供应（简称SASSB）成立联营公司Super Gem资源。

其中，百盛企业将持有70%股权，其余30%股权则由SASSB持有，双方将负责管理联营公司的日常营运。

可委4董事

根据协议，联营公司主要是在“LOL”品牌的店面，贸易、营销和销售服饰及相关产品给大众市场。

产品范围包括男装、女装和童装，以及鞋子和首饰。

另外，百盛企业将委任四名董事入局，而SASSB则可委任两名。

百盛控股称，认购70%需耗资23万新元（约70万令吉），将从内部融资所得。

上述联营预计可贡献新加坡百盛零售亚洲未来的净利。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	Announcement by Parkson Retail Asia Limited- Announcement of Joint-Venture
We attach herewith the announcement made to the Singapore Exchange Securities Trading Limited (“SGX-ST”) by Parkson Retail Asia Limited ("PRA"), a 67.61% owned subsidiary of the Company listed on the SGX-ST, on 4 November 2015 on the entering into a  shareholders’ agreement by Parkson Corporation Sdn Bhd ("PCSB") (a wholly-owned subsidiary of PRA) with Superb Apparel Supply Sdn Bhd ("SASSB") to establish a joint-venture between PCSB and SASSB in the equity participation of 70% and 30% respectively, for the purpose  of trading, marketing and sale of apparels and related products in outlets to be established and bearing the brand name “LOL”.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4911761

Attachments PRA Announcement.pdf

icy97

SASSB聯營LOL服飾店‧百盛多元化收入

2015-11-05 16:59      
（吉隆坡5日訊）百盛（PARKSON，5657，主板貿服組）持有67.6%股權的新加坡子公司百盛零售亞洲（PRA）宣佈，和Superb Apparel供應私人有限公司（SASSB）達致70:30聯營協議，以設立“LOL”品牌的新概念店，向市場銷售平價成衣。

分析
艾芬黃氏研究表示，據該行瞭解，此聯營計劃是配合該集團的努力，以多元化收入來源。

“我們相信此聯營將可互相搭配及進一步增強其提供的現有產品。”

百盛零售亞洲將撥出23萬新元（約70萬令吉）投資，並透過內部基金融資。

該行相信，融資並不是大問題，因為百盛零售亞洲仍處於淨現金地位，截至2015年上半年擁有約2億零200萬新元在手。

長期樂觀
“總的而言，我們對此聯營看法長期屬樂觀，相信中短期此聯營計劃對盈利衝擊非常微小。”

該行對百盛保持“守住”評級，目標價為1令吉零7仙。（星洲日報／財經）