7-Eleven unit selling 75% stake in Caring Pharmacy

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd’s (SEM) wholly-owned subsidiary Convenience Shopping (Sabah) Sdn Bhd (CSSSB) will sell a 75% stake in Caring Pharmacy Group Bhd (Caring) for RM675mil.

SEM said CSSSB has entered into a conditional sale and purchase agreement with BIG Pharmacy to dispose of its entire stake in Caring.

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7ElevenMalaysia , CaringPharmacy , BIGPharmacy , stake , sale

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