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Notable Trade SmallCap World Fund no longer substantial shareholder of 7-Eleven
by Cals Tue 03 Mar 2015, 00:36
Notable Trade
SmallCap World Fund no longer substantial shareholder of 7-Eleven
By Gho Chee Yuan / theedgemarkets.com | March 2, 2015 : 7:11 PM MYT
KUALA LUMPUR (March 2): [size=14]SmallCap World Fund Inc has ceased to be a substantial shareholder of 7-Eleven Malaysia Holdings Bhd after disposing of 32.66 million shares or a 2.64% stake in the company.
An earlier filing showed SmallCap World Fund had disposed of some 94,100 7-Eleven shares on Feb 18 this year.
7-Eleven (fundamental: 0.3; valuation: 1.55) closed five sen or 3.21% higher at RM1.61 today, giving it a market capitalisation of RM1.924 billion.
[size=12](Notes: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)[/size]
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SmallCap World Fund no longer substantial shareholder of 7-Eleven
By Gho Chee Yuan / theedgemarkets.com | March 2, 2015 : 7:11 PM MYT
KUALA LUMPUR (March 2): [size=14]SmallCap World Fund Inc has ceased to be a substantial shareholder of 7-Eleven Malaysia Holdings Bhd after disposing of 32.66 million shares or a 2.64% stake in the company.
An earlier filing showed SmallCap World Fund had disposed of some 94,100 7-Eleven shares on Feb 18 this year.
7-Eleven (fundamental: 0.3; valuation: 1.55) closed five sen or 3.21% higher at RM1.61 today, giving it a market capitalisation of RM1.924 billion.
[size=12](Notes: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)[/size]
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