SPToto acquires RM38.78mil worth of shares in 7-Eleven and Berjaya Food

KUALA LUMPUR: Sports Toto Bhd’s (SPToto) wholly-owned subsidiary, Magna Mahsuri Sdn Bhd (MMSB) has acquired RM38.78mil worth of shares in 7-Eleven Malaysia Holdings Bhd (SEM) and Berjaya Food Bhd (BFood) via direct business transactions.

In a filing with Bursa Malaysia, SPToto said MMSB acquired 17.52 million shares, or 1.58% equity interest in SEM for a total cash consideration of RM34.53, or RM1.97 per share.