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7-Eleven unit sells 75% stake in Caring Pharmacy to Big Pharmacy for RM675mil

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd's (SEM) wholly-owned subsidiary Convenience Shopping (Sabah) Sdn Bhd (CSSSB) will sell a 75 per cent stake in Caring Pharmacy Group Bhd (Caring) for RM675 million.

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7-Eleven Malaysia unit sells 75% stake in Caring to BIG Pharmacy for RM675m

7-Eleven Malaysia unit sells 75% stake in Caring to BIG Pharmacy for RM675m
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7-Eleven to open more cafes from Caring proceeds

7-Eleven Malaysia Holdings Bhd will utilise the proceeds from the disposal of its 75% equity stake in Caring Pharmacy Group Bhd to enhance and grow its convenience store business especially its 7-Cafe chain.

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Trading ideas: 7-Eleven, TSH Resources and Pharmaniaga

KUALA LUMPUR: Stocks in focus on Monday include 7-Eleven, TSH Resources and Pharmaniaga, said Apex Research.

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7-Eleven tumbles more than 10% on news of pharmacy sale

KUALA LUMPUR 7-Eleven Malaysia Holdings Bhd's trading stock took a tumble in early Monday trade following news it was proposing to dispose of its 75% stake in Caring Pharmacy Group Bhd to pharmaceutical rival BIG Pharmacy Healthcare Sdn Bhd.

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