INDONESIA PRESS-CIMB Private Equity to buy 10 pct of Modern Internasional-Investor Daily

Reuters

20 October 2014 at 10:10 pm

CIMB Private Equity Sdn Bhd will buy a 10 percent stake worth $25 million in PT Modern Internasional Tbk, the operator of the 7-Eleven convenience store chain in Indonesia, said Modern official Henri Honoris. (Investor Daily, Kontan)

The company plans to open 60-70 7-Eleven outlets next year, up from this year's target of 50. Modern Internasional currently operates 175 7-Eleven stores in Jakarta.

Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Jakarta Newsroom; Editing by Anupama Dwivedi)

Cosmopolitan
The Most 👀 Jokes About Gisele Bündchen and Her Jiu-Jitsu Teacher Boyfriend at Tom Brady's Roast
Tom Brady was roasted over Gisele Bündchen's Jiu-Jitsu teacher boyfriend during his Netflix roast—check out every joke.
The Independent
Texas mother made son, 3, ‘say goodbye to daddy’ on camera before shooting boy dead
Savannah Kriger laid her wedding dresses on her bed and shot her wedding portraits, police say
CNN
An Indian woman accused her husband of forcing her to have ‘unnatural sex.’ A judge said that’s not a crime in marriage
An Indian judge has dismissed a woman’s complaint that her husband committed “unnatural sex,” because under Indian law it’s not illegal for a husband to force his wife to engage in sexual acts.
People
Dua Lipa Wore the Flossiest G-String Ever to Pull Off This Butt-Baring Look at the 2024 Met Gala
The event marked the pop star's third Met Gala, after making her debut at the event in 2019
The Independent
Mother arrested for throwing disabled son into crocodile-infested canal in India
Woman says her husband considered child a burden and they frequently quarrelled about it
BBC
Woman arrested after baby has cardiac arrest at Legoland
The five-month-old baby boy is in a critical condition, police say.
Evening Standard
Crystal Palace 4-0 Manchester United: Goal controversy fails to hide fact Man Utd are masters of own downfall
Rasmus Hojlund harshly denied what would have been a leveller in an otherwise woeful display from Man Utd
People
Emily Ratajkowski Wears a Butt-Baring, Naked Crystal Gown to the 2024 Met Gala as Expected
The supermodel stepped out for her ninth Met Gala
KameraOne
Thai housekeeper inherits $2.7 MILLION following French employer's tragic suicide
A terminally ill French millionaire left her devoted Thai maid a staggering inheritance of 100 million THB (2.7 million USD) on her birthday before taking her own life. The emotional housekeeper grapples with grief, memories, and managing newfound wealth amidst the loss of her beloved employer and friend.
WWD
Blackpink’s Jennie Goes Electric Blue in Alaïa Minidress on Met Gala 2024 Red Carpet
This is Jennie's second year on the Met Gala.
The Telegraph
Benjamin Netanyahu rejects Hamas ceasefire offer
Israel rejected a ceasefire offer from Hamas on Monday night, vowing to continue with its invasion of the southern Gazan city of Rafah and saying a last-minute proposal had failed to meet its key demands.
The Smart Investor
4 Singapore Blue-Chip Stocks You Can Buy and Hold Forever
We highlight four solid blue-chip names that you can buy and safely own for the rest of your life. The post 4 Singapore Blue-Chip Stocks You Can Buy and Hold Forever appeared first on The Smart Investor.
The Telegraph
China’s gold-buying spree could be the straw that breaks the dollar’s back
Some commentators have spent decades predicting the imminent demise of the US dollar’s special status as the world’s international reserve currency.
INSIDER
I started having sex at 36. I missed out on years of self-discovery but I still don't regret waiting.
I didn't grow up religious but I subscribed to the purity plan. I feel inadequate when I started having sex with my partner.
BuzzFeed
Non-Americans Are Revealing The Ways They Can “Spot An American Tourist From A Mile Away” — And I’m Both Laughing And Crying
I also feel personally attacked at the accuracy of these.
People
Jennifer Lopez Takes Naked Dressing to New Heights in Sheer Gown at 2024 Met Gala That Took 800+ Hours to Make
Lopez serves as co-chair for this year's glam event
HuffPost
Vladimir Putin Showed His ‘Violent Nature’ In Deer-Hunting Stunt: Report
The Russian president’s gesture was so jarring that it reportedly made ex-Italian Prime Minister Silvio Berlusconi throw up.
Evening Standard
Tottenham: Heung-min Son sends message to squad as Ange Postecoglou tactics face scrutiny
Spurs are on their worst run of form in two decades
The Telegraph
Female prison guard on trial for giving gangster the ‘kiss of death’
A French female prison guard stood trial on Monday for planting a “kiss of death” on an incognito mafia boss that helped rivals identify him and gun him down.
Associated Press Finance
Call it Cognac diplomacy. France offered China’s Xi a special drink, in a wink at their trade spat
How do you smooth over trade tensions with the all-powerful leader of economic powerhouse China? Charm him with a bottle of Cognac, or two. China recently opened an anti-dumping investigation into European brandy — which mainly means French Cognac.

Latest stories