7-Eleven’s potential sale of Caring seen as positive

“If this materialises, it will allow 7-Eleven Malaysia to focus on growing its core convenience store business and strengthen its financial profile,” CGS-CIMB Research said in its note to clients yesterday.

PETALING JAYA: CGS-CIMB Research is positive on news of the potential divestment of Caring Pharmacy Group Bhd by 7-Eleven Malaysia Holdings Bhd.

“If this materialises, it will allow 7-Eleven Malaysia to focus on growing its core convenience store business and strengthen its financial profile,” the research house said in its note to clients yesterday.