Parkson Retail Group (DE:P5IB) has released an update.
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Parkson Retail Group Limited has announced the voluntary dissolution of Changzhou Lion Food and Beverage Co., Ltd., a former indirect wholly-owned subsidiary, as part of their strategic resource optimization. The dissolution, effective June 24, 2024, aligns with the parent company’s efforts to cease the subsidiary’s operations and redeploy resources more efficiently. There are no further details that affect the company’s shareholders.
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