7-Eleven buys 17 million BCorp shares for RM5.1mil

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd’s (SEM) wholly owned subsidiary, Convenience Shopping (Sabah) Sdn Bhd has acquired 17 million ordinary shares representing 0.3% equity interest in Berjaya Corp Bhd (BCorp).

In a filing with Bursa Malaysia, SEM said the acquisition was done via direct business transaction on June 27 for a total cash consideration of RM5.1mil or 30 sen per BCorp share.