7-Eleven to dispose of entire 75% stake in Caring Pharmacy for RM637.5mil

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd (SEM) has received an offer from BIG Pharmacy Healthcare Sdn Bhd to acquire its entire 75% equity interest in Caring Pharmacy Group Bhd for RM637.5mil.

In a filing with Bursa Malaysia, SEM said its wholly-owned subsidiary Convenience Shopping (Sabah) Sdn Bhd (CSSSB) received a binding term sheet from BIG Pharmacy for the proposed disposal.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
7-Eleven , Caring Pharmacy , BIG Pharmacy , disposal

Next In Business News
Nam Cheong nets US$20.5mil in vessel sale
Nexgram to focus on core operations
From trend to mainstay: AI to cement its place at the core of 2026 investment strategies
NuEnergy disposes of 50% stake in warehousing firm for RM24.5mil
Ringgit continues to soar against greenback as US consumer confidence remains weak
PLB Engineering flagged for material uncertainty by external auditor
SIB disposes of land in Negeri Sembilan for RM25mil
Advancecon appoints Phum Boon Eng as managing director
Kinergy Advancement to change stock short name to KINERGY from Dec 30
FBM KLCI extends rally on Christmas Eve; ringgit at five-year high

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.