Parkson unit appoints acting CEO for Indo China operations

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KUALA LUMPUR (Nov 13): Parkson Holdings Bhd’s 67.61%-owned Parkson Retail Asia Ltd has appointed Tiang Chee Sung as the acting chief executive officer (CEO) for its operations in Vietnam, Myanmar and Cambodia, effective today.

The appointment is to replace outgoing CEO Tham Tuck Choy, who will resign effective Dec 15 this year, Parkson told Bursa Malaysia in a listing earlier today.

Parkson ended the day down 6 sen or 2.5% to RM2.38, giving it a market capitalisation of RM2.59 billion.