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Saturday, May 10, 2014

7-Eleven Malaysia seeks to raise $226M from IPO


7-Eleven Malaysia Holdings Bhd, Malaysia's biggest convenience store operator, is seeking to raise up to $226 million in an initial public offering, a term sheet of the IPO showed. Controlled by Malaysian billionaire Vincent Tan, the company, set an indicative price range of 1.33 ringgit to 1.38 ringgit per share. A customer patronizes a 7-Eleven store in Kuala Lumpur on Thursday, May 8. 

- GMA News

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