Parkson Retail Group Limited announced that Mr. Chew Fook Seng (‘Mr. Chew') will retire as the chief executive officer of the Group in order to devote more time for his family and will continue to serve the Group in the capacity of senior consultant with effect from 1 October 2012. Mr. Chew will remain as an executive director of the Company to work with the Board to focus on the overall growth and investment strategies of the Group. The board also announced that Mr. Tan Hun Meng (‘Mr. Tan') will be appointed as the CEO of the Group with effect from 1 October 2012.

Mr. Tan is currently the Group's Chief Operating Officer of Southern Region.