PETALING JAYA: 7-Eleven Malaysia Holdings Bhd
stated its wholly owned unit, Convenience Shopping (Sabah) Sdn Bhd (CSSSB), has received an offer from BIG Pharmacy Healthcare Sdn Bhd to acquire CSSSB’s entire 75% equity interest in Caring Pharmacy Group Bhd for RM637.5mil cash.
In a filing with Bursa Malaysia, the convenience store chain giant said the proposed disposal provides the group the opportunity to unlock and monetise its investment in Caring.
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