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 BIG Pharmacy to acquire Caring Pharmacy for RM900m, then BIG pharmacy plan to IPO soon

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h@ksam
post Jul 21 2023, 12:27 PM

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QUOTE(KcX35 @ Jul 21 2023, 12:26 PM)
wtf man, how is Big Pharmacy so rich, I thought pharmacy only..

they can afford such big purchase, insane...
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i think they didn't start out as retailers

they were already big as wholesalers
andyng38
post Jul 21 2023, 12:29 PM

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i wonder what lies in store for AA pharmacy
shuin1986
post Jul 21 2023, 12:30 PM

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Wait... caring phamarcy is under 7e???? How come 7e inventory is expensive, but caring is cheap?

Hope after Big acquired Caring, the price can still be cheap, i love caring when many of their normal price item is cheaper than competitors' promotion price
yongku99
post Jul 21 2023, 12:32 PM

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Are they importers,suppliers and retailers at the same time? it's crazy they branch out here and there so fast, if they all under one roof, damn old school SST give them so much loopholes to play around with.
McDullDull
post Jul 21 2023, 12:33 PM

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QUOTE(wawasan2200 @ Jul 21 2023, 12:18 PM)
KJ hinted you

no more RM 1 fee clinical consultation in future

gov will cut subsidy

next time doctor give you consultation only

buy medicines need go pharmacy
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This has been talked about for many many years...
will not happen... too many doctors lobbying against it.
even big pharmas are not supporting this notion.
Gratitude2022
post Jul 21 2023, 12:36 PM

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QUOTE(McDullDull @ Jul 21 2023, 12:33 PM)
This has been talked about for many many years...
will not happen... too many doctors lobbying against it.
even big pharmas are not supporting this notion.
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That time those companies such as Berjaya and koperasi wanna open 1000 pharmacies nationwide because of this. Tak jadi pun. Doctors very powerful wei. U want to snatch their rice bowl?
Now Berjaya slowly doing this. Who knows what's in their plan.
river.sand
post Jul 21 2023, 12:39 PM

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QUOTE(zstan @ Jul 21 2023, 12:15 PM)
all in Big Pharmacy shares to the mooooooon

NBDRE
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Not yet IPO. You need to buy the shares through private negotiation.
Dainez
post Jul 21 2023, 12:44 PM

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Jadilah Bigger Pharmacy now
BL98
post Jul 21 2023, 12:44 PM

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Where is the anti-monopoly commission?
poweredbydiscuz
post Jul 21 2023, 12:46 PM

 
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QUOTE(BL98 @ Jul 21 2023, 12:44 PM)
Where is the anti-monopoly commission?
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There're so many pharmacy chains in malaysia...
Thebestscammer
post Jul 21 2023, 12:51 PM

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last time nvr hear of big then suddenly become big player
lsat time caring was ok but ever since i returned i notice caring like dying
cannot fight with watson or guardian
but in the end i still go back to watson more than the others
big macam can macam cannot
but turns out can wor
maybe can gamble a little on the IPO

msacras
post Jul 21 2023, 12:54 PM

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BIG - everest
james.6831
post Jul 21 2023, 01:07 PM

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of cos la got so much money..during covid times all the uncle auntie keep buying lianhua pills... cost 50 bucks a box and few dosage...one shot buy few boxes when kena covid...biggest covid scam man shit doesn't even work...
kamfoo
post Jul 21 2023, 01:10 PM

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Bbb
KcX35
post Jul 21 2023, 01:42 PM

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QUOTE(h@ksam @ Jul 21 2023, 12:27 PM)
i think they didn't start out as retailers

they were already big as wholesalers
*
ok this makes more sense, so from wholesale then they expand to retail
zstan
post Jul 21 2023, 02:02 PM

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QUOTE(poweredbydiscuz @ Jul 21 2023, 12:46 PM)
There're so many pharmacy chains in malaysia...
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Big will be the biggest now after acquiring Caring
TruboXL
post Jul 21 2023, 02:03 PM

Keep on keeping on! 👍
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Now wait for toilet company IPO
poweredbydiscuz
post Jul 21 2023, 02:05 PM

 
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QUOTE(zstan @ Jul 21 2023, 02:02 PM)
Big will be the biggest now after acquiring  Caring
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Then they are like CelcomDigi.
hantu1911
post Jul 21 2023, 02:06 PM

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nice purchase
time to readjust the stuff pricing due to progress
investor waiting for windfall report at year end
galkelly
post Jul 21 2023, 02:07 PM

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Monopoly it is ....

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