The Group’s investment in the retailing industry is through its chain of more than 100 Parkson department stores in Malaysia, China, Vietnam and Indonesia.
Parkson has grown steadily to become the largest department store chain in Asia Pacific with plans to open 15 - 18 new stores a year, reaching 170 stores by 2015. This includes its first store in Cambodia to be opened in 2013 and seeking opportunities in new potential markets in the region. It has recently ventured into the Sri Lankan market by acquiring a stake in the country's leading fashion retailer, Odel PLC.
Its China operations are listed on the Hong Kong Stock Exchange whilst its retail operations in South East Asia are listed on the Singapore Stock Exchange. Through its collaboration with PT Mitra Samaya, it also operates 8 retail stores under the brand names of Centro Lifestyle Department Store and a Kem Chicks supermarket in Indonesia.
The Group also owns and manages the KL Festival City shopping mall in Malaysia, and 6 shopping malls in China and 1 in Vietnam.
The Group is involved in the trading of building materials, petroleum-based products and automotive components. It blends and distributes automotive and industrial lubricants under the Hi-Rev and T-Trax brands, and distributes various motor accessories under the Posim Group of Companies.