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Tag: berjaya

Retail Asia22/08/2023
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General

Berjaya Corp acquires more shares in 7-Eleven Malaysia

1min0
Berjaya Corporation Bhd’s subsidiary, Inter-Pacific Securities Sdn Bhd (IPS), acquired 16.80 million ordinary shares (equivalent to 1.51% equity interest) in 7-Eleven Malaysia Holdings Bhd (SEM) through direct transactions, for a cash consideration of approximately RM30.77 million. This brings the combined equity interest of BCorp and its subsidiaries in SEM to about 14.37%. The acquisitions were funded […]
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Retail Asia01/02/2018
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Food

BAssets continues to up stake in 7-11 Malaysia

2min0
After rumblings that 7-Eleven Malaysia Holdings is being targeted for privatisation, diversified group Berjaya Assets (BAssets) has taken steps to achieve this. BAssets is owned by businessman/investor Vincent Tan Chee Yioun, who has started mopping up 7-Eleven shares on the open market. “Something is brewing between 7-Eleven Malaysia and BAssets – a corporate exercise is […]
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Retail Asia12/01/2018
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Food

7-Eleven in talks with a ‘few parties’ on food deal

3min
7-Eleven Malaysia Holdings Bhd is in talks with a few parties on food chain supply after its memorandum of undestanding (MoU) with Brahim’s Holdings Bhd’s subsidiary lapsed after close to two years. Last week, 7-Eleven said in a stock exchange filing that the MoU with Brahim’s “has lapsed and accordingly ceased to have any effect”. […]
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