Mini-market chain retailer 99 Speed Mart files IPO draft prospectus


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.

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99 Speedmart , IPO , CIMB , Lee Thiam Wah

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