PARKSON GROUP Subsidiary Signs Renewal Agreement for Mianyang Lease

Deep News

Mar 15

PARKSON GROUP (03368) announced that on March 13, 2026, the tenant, Mianyang Fuling Parkson Plaza Co., Ltd. (an indirect wholly-owned subsidiary of the company), and the landlord, Sichuan Mianyang Fuling Real Estate Development Co., Ltd., entered into a renewal agreement for the Mianyang lease. The tenant has been leasing the property for its retail business since 1998. Under the new renewal agreement, the parties have agreed to extend the Mianyang lease for a term of ten years, commencing on October 25, 2027.

The property is located on the first and second floors of the building at No. 17 Anchang Road, Fucheng District, Mianyang City, Sichuan Province, China, with a total gross floor area of approximately 19,800 square meters.

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(an indirect wholly-owned subsidiary of the company), and the landlord, Sichuan Mianyang Fuling Real Estate Development Co., Ltd., entered into a renewal agreement for the Mianyang lease. The tenant has been leasing the property for its retail business since 1998. 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