Vincent Tan raises stake in 7-Eleven Malaysia


KUALA LUMPUR: Tycoon Tan Sri Vincent Tan raised his shareholding in convenience store owner and operator 7-Eleven Malaysia Holdings Bhd with the purchase of 15.62 million shares.

A filing by Berjaya Assets Bhd (BAssets) on Friday stated that the shares, which represent a 1.41% stake, was disposed of by its unit Sublime Cartel Sdn Bhd to Tan’s investment holding company True Ascend Sdn Bhd, in a direct business deal.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , vincent tan

Next In Business News

Salcon wins RM80mil water infrastructure contract
Ringgit ends higher on renewed optimism on de-escalation of US-Iran war
Exsim Hospitality wins RM42mil M&E job
NCT Alliance appoints Ong Chou Wen as CEO
PETRONAS works with authorities to boost output, secure supply
MGB bags RM200.74mil centralised labour quarters job
Bank Negara fines Bank Rakyat RM1mil for cybersecurity, customer information protection breaches
Malaysia’s banks remain resilient, ready to support customers amid global uncertainties
Bursa Malaysia surges as Middle East tensions show signs of easing
Zecon appoints Mohamad Morshidi as chairman

Others Also Read