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00:04 7-Eleven Malaysia Holdings said it has accepted an offer from Big Pharmacy Healthcare to sell
00:10 its 75% stake in caring pharmacy group for RM637.5 million, confirming an earlier report
00:17 by The Edge that the group has sealed a deal for the disposal of the pharmacy chain.
00:22 Meanwhile, Big Pharmacy announced it is also acquiring the remaining 25% stake in caring
00:28 from Motivasi Optima, which is owned by seven people, including caring's founder and MD Chong
00:34 Yeow Siang, who holds an 18.65% stake. According to 7-Eleven Malaysia, Big Pharmacy's offer
00:41 includes the acquisition of all caring's subsidiaries and associated firms, which own
00:46 and operate the retail pharmacy businesses under the Caring, Georgetown and Wellings brands,
00:52 and manufacturing and distribution of in-house products in Malaysia. It includes the acquisition
00:58 of all intellectual property rights owned and used by Caring Group and its Indonesian businesses,
01:03 but not the ownership of the businesses in Indonesia that are operated by Era Caring
01:08 Indonesia. 7-Eleven Malaysia said the disposal provides an opportunity to unlock and monetize
01:14 its investment in caring and redirect its resources to grow its convenience store business.
01:24 Shares of Ajinomoto Malaysia closed at a two-year high and were actively traded today,
01:30 following the company's sale of land located along Jalan Kujai Lama in Kuala Lumpur
01:35 to Tan Street David Lau Tien Seng for RM408 million cash. The counter closed at RM16.56,
01:42 up by 3.63% against its last closing price of RM15.98 yesterday. On September 7, 2021,
01:51 its share price closed at RM16.54. Its market capitalization stood at RM1.01 billion.
01:57 The counter saw 640,000 shares changing hands, exceeding the 279,900 shares traded at yesterday's
02:06 closing. It also notched over 12 times its 200-day average volume of 50,170. According to Bloomberg
02:14 data, its share price has risen 26.61% year-to-date and gained 38.08% over a one-year period.
02:23 A former director of consortium Zenith Construction told the Kuala Lumpur Sessions Court today
02:33 that it was impossible for a RM2 million payment to have made its way to Lim Guan Eng.
02:39 This when he had been initially told it was paid by businessman Jin Yana Raja to then-Prime Minister
02:45 Datuk Srinajit Razak in order to maintain close ties with the country's top leader.
02:50 Ibrahim Zahari testified that fellow former senior director Datuk Zahrul Ahmad Mohamad Zulkifli told
02:56 him the said money was paid to ensure that the company secured future projects. He said this
03:02 when responding to questions from Lim's counsel Gobind Singh Deo during cross-examination.
03:07 Ibrahim, who is the prosecution's 29th witness, said the RM2 million was part of the RM19 million
03:14 earmarked for Najib and paid to Yana Raja. He previously testified in Yana Raja's cheating
03:20 case in Shah Alam in 2019 and last year, and then today in Lim's undersea tunnel graft case.
03:26 Former Bersatu Information Chief Datuk Wan Saiful Wan Jan has failed in his application
03:36 to strike out two graft charges against him involving the Jana Wibawa initiative.
03:41 Kuala Lumpur Sessions Court Judge Rosina Ayub dismissed his bid today and said the
03:46 court will proceed with a trial. Deputy Public Prosecutor Rashida Mony-Adli told the court
03:52 that the prosecution will be calling 27 witnesses to testify. Rosina set March 25th and 27th,
04:00 April 29th and 30th and May 20th to 22nd, 2024 as the hearing dates for the trial.
04:07 Wan Saiful was charged under the MACC Act 2009 with soliciting bribes to help Nepturus secure
04:15 a Central Spine Road project from Putrajaya through pre-qualification in April 2022.
04:21 He was also charged under the same act with receiving RM6.96 million through his company's
04:27 CIMB bank account and a WSA advisory group from Nepturus as an inducement to help it secure a
04:35 letter of award for the said project.
04:37 Airports operator MAHB said close to 7 million passengers passed through the 39 airports it
04:48 manages in Malaysia in June, a 2% increase from the preceding month. Of the total,
04:54 the airports welcomed a total of 3.2 million international passengers, up 7% from May,
05:00 while domestic passenger movements continue to hit above the 3 million mark since December 2022.
05:07 System-wide, MAHB's network of 39 airports in Malaysia and Istanbul Sabiha Gokcen International
05:13 Airport in Turkey handled over 10.2 million passengers in June, the highest since the
05:19 global shutdown in March 2020. It witnessed a new high of 4.9 million in international passenger
05:25 movements in June, a 7.1% month-on-month jump. Total domestic passenger movements in June stood
05:31 at 5.3 million, remaining above the 5 million mark for two straight months. For the first half of
05:37 2023, MAHB recorded 56.1 million in overall passenger movements, which was 82% of first
05:45 half 2019 pre-pandemic levels. Total passenger movements in Malaysia recorded 38.9 million during
05:52 the same period.
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