7-Eleven Malaysia Holdings Bhd announced that His Royal Highness, DYMM Sultan Ibrahim of Johor is now its second largest individual shareholder with a 8.44% stake after acquiring 93.70 million shares in 7-Eleven Malaysia since July 2017.\u00a0<\/p>\n
7-Eleven Malaysia Chairman Tan Sri Abdull Hamid said, \u201cOn behalf of the Board of 7-Eleven Malaysia, we welcome Tuanku as one of our substantial shareholders especially at a time when we are expanding our retail footprint to increase our market share and sustain our profitability. This truly reflects Tuanku\u2019s confidence in the performance and future potential of 7-Eleven Malaysia. We believe that with a shareholder of Tuanku\u2019s stature, 7-Eleven\u2019s position in the retail industry will be further strengthened.\u201d\u00a0<\/p>\n
The largest shareholder of 7-Eleven Malaysia, Tan Sri Vincent Tan expressed that, \u201cI am very pleased that DYMM Sultan Ibrahim has increased his stake in 7-Eleven Malaysia. This augurs well for the company given that Tuanku is known to be an astute investor with a keen eye for companies and businesses with strong fundamentals and good growth potential.\u201d\u00a0<\/p>\n
7-Eleven posted a revenue of RM2.10 billion with a pre-tax profit of RM70.82 million in the financial year ended 31 December 2016.\u00a0<\/p>\n
7-Eleven Malaysia Holdings Berhad through its subsidiary 7-Eleven Malaysia Sdn. Bhd. is the owner and operator of 7-Eleven stores in Malaysia. Incorporated on 4 June 1984, 7-Eleven Malaysia has made its mark in the retailing scene and have been a prominent icon for over 30 years.<\/p>\n
7-Eleven Malaysia is the pioneer and largest 24-hours standalone convenience store operator in Malaysia with over 2,100 outlets nationwide and serves more than 900,000 customers daily. 7-Eleven stores can be found across bustling commercial districts to serene suburban residential compounds throughout Malaysia, from petrol stations and LRT stations to shopping malls and medical institutions.\u00a0<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
7-Eleven Malaysia Holdings Bhd announced that His Royal Highness, DYMM Sultan Ibrahim of Johor is now its second largest individual shareholder with a 8.44% stake after acquiring 93.70 million shares in 7-Eleven Malaysia since July 2017.\u00a0 7-Eleven Malaysia Chairman Tan Sri Abdull Hamid said, \u201cOn behalf of the Board of 7-Eleven Malaysia, we welcome Tuanku […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-857","post","type-post","status-publish","format-standard","hentry","category-corporate"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=857"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/857\/revisions"}],"predecessor-version":[{"id":6235,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/857\/revisions\/6235"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}