SINGAPORE: Malaysia's largest mini-market chain retailer 99 Speed Mart Retail Holdings filed a draft prospectus on Monday for a domestic initial public offering (IPO), according to Securities Commission Malaysia's website.
The company, founded and which first started out as a traditional sundry shop by entreprenuer Lee Thiam Wah in 1987, plans to offer up to a 17% stake, or as much as 1.43 billion shares, the draft prospectus showed.
