Shares & Derivatives
Parkson Retail Asia: Vietnam operations
By Sillyinvestor  •  February 15, 2015
I think it's important to write this in a new post instead of just updating my previous post. Further Update: Closed store at Hanoi not managed properly. http://www.vietnambreakingnews.com/2014/10/image-gloomy-scenes-at-the-largest-shopping-centers-in-hanoi/ http://m.thanhniennews.com/society/retailers-angry-following-parksons-sudden-closure-of-hanoi-tower-37164.html Parkson has a lot of explains to do, especially with the sudden eviction nearer to CNY Also, given Keangnam tower Parkson has a key able area of 28700 square meter and an average rent of 60 USd per month, a year rents could amount to 27 mio sing dollars in a year. That's pretty scary. Imagine the amount of compensation. Source: http://english.vov.vn/Economy/Retailers-still-on-a-roll/228808.vov I have written to IR, hope they reply soon, and I will update again...
Read the full article
By Sillyinvestor
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance