Parkson Group subsidiary terminates property lease agreement
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PARKSON GROUP announced the termination of the property lease agreement with Guizhou Yuncui Property Management Co., Ltd., with the termination date set for March 29, 2024, effective from November 30, 2025. Due to the inability to carry out renovation works, the lease term has not yet commenced, and the board of directors has decided to terminate the agreement to prevent subtenants from operating department stores on the property
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