South Korean firm keen to buy stake in Malaysia's Caring Pharmacy


Caring pharmacy in MidValley

PETALING JAYA: Caring Pharmacy Group Bhd, the local pharmaceutical retail chain with 110 outlets in the country, is said to have attracted the interest of a South Korean foreign equity firm.

Sources said the private equity firm that has interest primarily in companies with a specialised retail chain was keen on taking up a substantial block of shares in Caring Phamarcy.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , Caring , Pharmacy , Korea , buy , stake , equity , shares ,

   

Next In Business News

GLOBAL MARKETS-Stocks slide as Omicron worries push investors to safe havens Premium
Petronas revenue soars in Q3 powered by crude oil price rally� Premium
Oil falls 3% on jitters over vaccine efficacy Premium
CIMB registers RM3.44bil nine-month net profit Premium
MARA Inc to jointly develop RM500m condominium in Kota Kinabalu next year Premium
Ringgit snaps losing streak against dollar Premium
Strong earnings growth for Kelington Premium
Axiata unit edotco buys tower firm for RM1.7bil, expanding its market share �� Premium
Bursa Malaysia ends higher on bargain-hunting Premium
Improved 2Q performance for Datasonic as economy opens Premium

Others Also Read


Vouchers