The trading of 7-Eleven Malaysia Holdings Bhd’s shares has been temporarily suspended from 2.30pm to 5pm today.
The convenience store operator said the reason behind the suspension request was due to a pending announcement of a “very material transaction”. Earlier today, The Edge reported that BIG Pharmacy Healthcare Sdn Bhd had agreed to take over Caring Pharmacy Group Bhd from 7-Eleven in a deal worth RM900 million.Berjaya Corp Bhd founder Vincent Tan is the largest shareholder of 7-Eleven, with a 28.34% stake.
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