7-Eleven Malaysia takes stake in Dego Ride operator

KUALA LUMPUR: Convenience store operator 7-Eleven Malaysia Holdings Bhd (SEM), led by major shareholder Tan Sri Vincent Tan Chee Yioun, is taking a 46.45% equity stake in delivery firm Myinteractivelab Sdn Bhd (MSB) for RM7.5mil.

The purchase is through the subscription of 490,030 shares in MSB under an agreement with founder Nabil Fiesal Bamadhaj, who is the owner of Dego Rides.