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Malaysia’s Vincent Tan plans to list 7-Eleven, MOL

Malaysia’s Berjaya Group founder Tan Sri Vincent Tan plans to list 7-Eleven Malaysia Bhd and its Money Online (MOL) Internet business next year in a move that will raise more than MYR600 million combined, local media reported on Monday.

The listings of 7-Eleven and MOL are part of the billionaire’s pledge to donate half his wealth to charity and to reduce group borrowings, said the reports in The Star and New Straits Times newspapers.