EVENING 5: Five things you need to know today

TheEdge Thu, Sep 21, 2023 10:38pm - 2 years View Original


EVENING 5: 7-11 gets a higher price tag for Caring

Here’s a quick look at some of the stories that made headlines today.

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1.  7-Eleven Malaysia Holdings Bhd will dispose of its 75% stake in Caring Pharmacy Group Bhd to BIG Pharmacy Holdings Bhd at a higher price tag of RM675 million.

2.  Kumpulan Wang Persaraan (Diperbadankan) recorded total unaudited gross investment income of RM3.8 billion in the seven-month period ended July 2023, said its chief investment officer Hazman Hilmi Sallahuddin.

3.  Türkiye has agreed that Malaysia Airports Holdings Bhd (MAHB) will continue to operate the Istanbul Sabiha Gokcen International Airport.

4. Eco World Development Group Bhd’s net profit for the third quarter climbed 43%, driven by improved site progress activities and product pricing as well as cost savings.

5. Malaysia is expected to face continued challenges to policy-making according to BMI Country Risk & Industry Research, a unit of Fitch Solutions Group Ltd.

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