$Parkson Retail - watch list (O9E.SG)$ Parkson Corporation, ...
Parkson Corporation, a unit of Parkson Retail Asia, was served with an amended writ and statement of claim dated Sep 3 as part of its ongoing legal proceedings with PKNS Andaman Development.
In a filing to the Singapore Exchange today, Parkson Retail warned that its financial position for the financial year ending Dec 31 would see an "adverse impact" if the outcome of the legal proceedings do not ultimately wind up in its unit's favour, and if the unit is required to settle the amended claims in full.
Bad news. I think sell first. Don't know who will win.
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Newbie_monkey : LOL!! Dunno will it be like C8R like that a not.....stone drop into ocean and sink to new low. LOL
bullrider_21OP Newbie_monkey: I don't think so.
Newbie_monkey : alarm just rang to sell. LOL!! Sold it when your alarm rang earlier. LOL!!
bullrider_21OP Newbie_monkey: Yes, should have sold earlier.