Ownership Stake: 10%
Year Invested: FY 2012-2013
FMI has a 10% interest in Parkson Myanmar Co., Pte., Ltd., a subsidiary of Parkson Retail Asia Ltd. Parkson Myanmar will operate Parkson branded department stores in Myanmar, with its first branch opened in May 2013 in FMI Centre.
Parkson is a well-known department store brand name in Malaysia, and has also recorded impressive results in China. Established in 1987, it currently has (38) outlets in Malaysia and (70) stores in other Asian countries.