7-Eleven aborts rights issue plan


PETALING JAYA: 7-Eleven Malaysia Holdings Bhd has aborted its plan to undertake a rights issue to raise up to RM61.67mil a month after announcing the proposed corporate exercise.

The convenience chain store operator said in filings with the stock exchange that it would not proceed with the proposed rights issue after taking into consideration the general feedback and market reaction to the proposal.

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Business , 7-Eleven

   

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