Finance
99 Speed Mart Launches Malaysia's Largest IPO in Seven Years to Raise RM2.3 Billion
Malaysian convenience-store chain 99 Speed Mart Retail Holdings Bhd has announced its plans to raise RM660 million through a public issue of 400 million new ordinary shares, ahead of its listing on Bursa Malaysia’s Main Market on September 9, 2024. The IPO, priced at RM1.65 per share, is