Trading interest in Parkson sustained after settling arbitration dispute in Cambodia

Shares in Parkson Holdings Bhd have continued to draw buying interest after a tribunal hearing granted compensation to its Singaporean unit following arbitration proceedings with a Cambodian firm.

The stock almost doubled from 10 sen last Friday to 19 sen on Monday, in anticipation of the news.

It is currently trading unchanged at 18.5 sen, for a market capitalisation of RM207.84 million. About 45.6 million shares were traded, almost four times its 200-day average of 12.15 million shares.

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