Parkson Retail Group Limited announced an update on Executive Director Ms. Juliana Cheng San San under Listing Rules 13.51B(2) and 13.51(2)(l). Ms. Cheng previously served as a director of Yeehaw Best Practices Sdn. Bhd., an indirect wholly owned Malaysian subsidiary that acted as licensor for the “Franco” brand.

The subsidiary was struck off the Companies Commission of Malaysia register on 25 May 2026, with the dissolution notice published on 11 June 2026. The company stated that Yeehaw Best Practices had been dormant for several years and that its voluntary dissolution aligns with Parkson Retail’s resource-optimization strategy. Management expects no significant impact on the group’s operations or financial position.

Board composition remains unchanged: Executive Directors Tan Sri Cheng Heng Jem and Ms. Juliana Cheng San San; Non-executive Director Dato’ Sri Dr. Hou Kok Chung; and Independent Non-executive Directors Dato’ Fu Ah Kiow, Mr. Yau Ming Kim, Robert, and Datuk Koong Lin Loong.