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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!