2 stories mentioning KLSE:BPROPUpdated 50d ago
Every FINWIRES story that references KLSE:BPROP, newest first.
Berjaya Property (KLSE:BPROP) said its unit Nural Enterprise sold about 1.98% equity interest in 7-Eleven Malaysia (KLSE:SEM) for about 43.9 million ringgit.The stake, comprising 21.9 million shares, was sold to Detik Ria, according to a Friday Malaysian bourse filing.Following the sale, Berjaya Property collectively holds about 70.8 million shares or 6.39% stake in 7-Eleven Malaysia.
Malaysian shares extended losses on Friday due to broad-based selling, amid a mixed regional performance.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, fell 1.86 points to end 0.1% lower at 1,683.07. The day range was between 1,680.59 and 1,694.65.In economic news, Malaysia's official reserve assets stood at $129.7 billion, while other foreign currency assets amounted to $66.6 million as of the end of April.In corporate news, shares of IJM (KLSE:IJM) gained over 4% on Friday's close after its unit IJM Properties agreed to disposal of a piece of land together with a single-story building for 47.5 million ringgit. The property, located in Sabah, Malaysia, will be sold to Coupang - the asset-holding company of the Econsave Cash & Carry.Shares of Berjaya Property (KLSE:BPROP) dropped about 2% on close after its unit Nural Enterprise shed 21.9 million shares, or about 1.98% equity interest in 7-Eleven Malaysia (KLSE:SEM) to Detik Ria for about 43.9 million ringgit.
