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TOKYO: Shares of the owner of 7-Eleven plunged on Tuesday (March 4) after a report said the Japanese retailer plans to reject a multibillion-dollar takeover offer by Canada's Alimentation Couche-Tard (ACT).
7-Eleven Malaysia Holdings Bhd expects potential headwinds, such as the rationalisation of RON95 fuel subsidies in June 2025 and a potential hike in the base electricity tariff for Peninsular Malaysia in July 2025, to lead to inflationary pressures.
PETALING JAYA: 7-Eleven Malaysia Holdings Bhd expects potential external headwinds, such as the rationalisation of RON95 fuel subsidies in June 2025 and a potential hike in the base electricity tariff for Peninsular Malaysia in July 2025, to lead to inflationary pressures.
Although 7-Eleven Malaysia Holdings Bhd is the largest 24-hour convenience store operator in the country, it is not in an enviable position.
KUALA LUMPUR: Convenience store chain operator 7-Eleven Malaysia Holdings Bhd is looking at a two-fold benefit from the installation of its own cash recycling machines (CRMs) at its 2,600-wide outlets in Malaysia.
KUALA LUMPUR: Seven Bank Ltd, the banking business of the 7-Eleven group in Japan, has expanded its business to Malaysia, targeting to install 100 units of Cash Recycling Machines (CRM) at selected 7-Eleven stores in Kuala Lumpur, Selangor, Johor and Penang this year.
KUALA TERENGGANU: All shopping complexes, hypermarkets and supermarkets in areas under the jurisdiction of the Kuala Terengganu City Council (MBKT) are ordered to close business on the first day of Aidilfitri.
SINGAPORE: All Cold Storage and Giant supermarket outlets in Singapore will be sold to Malaysian retail group Macrovalue for an initial price of S$125mil (RM414mil).
SINGAPORE: All Cold Storage and Giant supermarket outlets in Singapore will be sold to Malaysian retail group Macrovalue for an initial price of S$125mil (RM414mil).
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
PETALING JAYA: MMAG Holdings Bhd announced that Datuk Wira Farhash Wafa Salvador JP is now a substantial shareholder after acquiring 20% of the group.
Eleven pregnant women are among the more than 2,400 people stuck in limbo on after being pulled out of illicit scam compounds in Myanmar and are in urgent need of medical treatment in Thailand, a civil society group said on Friday.
The K-star's fan meet was cancelled amid much controversy surrounding the actor's past relationship with late actress Kim Sae-ron.
KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd (SEM) expects a relatively stronger performance in the fourth quarter ending Dec 31, 2024 (3Q24) compared to 3Q24, driven by year-end festivities and Phase 1 salary adjustments for civil servants in December.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Coprorate Malaysia.
7-Eleven (M) Holdings Bhd saw net profit decline 24% year-on-year (y-o-y) for the quarter ended Sept 30 (3Q24) to RM10.9mil, despite revenue increasing by 5.5% to RM744mil.
QUEBEC: A senior executive at Quebec’s public pension manager says the fund will likely provide financial backing to Alimentation Couche-Tard Inc if it moves ahead with a takeover bid for Seven & i Holdings Co, the parent of the 7-Eleven chain.
TOKYO: Japan's Nikkei share average rose on Wednesday, as tech stocks tracked their U.S. peers higher and renewed hopes of a China stimulus helped lift the mood.
TWO weeks from the first report of Alimentation Couche-Tard Inc’s bid to acquire Japan’s Seven & I Holdings Co, the battle lines for public opinion are being drawn.
Anyone who’s stepped into a 7-Eleven in Japan to grab a quick snack or withdraw cash from the ATM will understand why.
