Why Bj Corp through Bj Asset is buying 7 Eleven shares? 

Company Announcements

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS Acquisitions of Shares in 7-Eleven Malaysia Holdings Berhad

Acquisitions of Shares in 7-Eleven Malaysia Holdings Berhad

I think these are some answers: 

1) For convenience. 
One retired head master said, "I have grand children who wanted me to buy can drinks on a hot day" Although Giant or Econsave is cheaper I have to drive there and pay for parking. At the corner convenient store nearby it is so easy. It saves time and hassle with a little higher cost. 

2) For Small quantities. 
Another person said, "If buy in small quantity I go 7 Eleven but in bulk I go to Giant." 

3) Because anytime is the right time (no closing time) 
Tourists or those who need stuff at the wee hours cannot shop in Giant, Econsave, Mydin or Aeon. 

4) 24 hour & 365 days in business 
Most businesses make money when doors open at 9.00am & close at 6pm. So only 9 hours earning money. Once closed no more income. 
For 7 Eleven it is a 24 Business non stop & 365 days a year! 

5) ALL ARE GENUINE STUFF YOU CAN TRUST 
Recently, there was a scare due to Chinese Medicine shop selling fake milk powder. 

6) WHY SO IMPORTANT TO BUY GENUINE FROM 7 ELEVEN? 
Take panadol for example. 7 Eleven deals with bonafide listed Company. 
Some sell placebo as panadol. So for safety & peace of mind people buy from 7 Eleven 

7) 7 ELEVEN has perfected all your immediate needs 
Forgot your tooth brushes and tooth pastes when you travel? Or got them run out at midnight before going to bed? No problem. Just go to 7 Eleven 

Need your morning newspapers? Go 7 Eleven 

Need a drink? 7 Eleven 

Need a bite? Cakes, buns, bread, maggee mee 

Got cough? Breacol available in 7 Eleven 

Got sore throat? There's strepsil! 

Got a fever? There's panadol 

So many of your needs are found in 7 Eleven in every Town, Highway, Petrol Station, Cameron highland, Island, Highway, City of Malaysia. 

And they open 24 hours 365 days. 

THAT'S IT!!! 

THE MONEY MAKING MACHINE THAT NEVER SLEEP!!!

AND ABOVE ALL: 7 ELEVEN IS ONE OF GREAT COMPANIES OWNED BY BJ CORP!

Regards

Calvin Tan