Rising population to lift Eco-Shop’s prospects


PETALING JAYA: Eco-Shop Marketing Bhd (Eco-Shop), en route to a listing on the Main Market of Bursa Malaysia, is valued at an initial public offering (IPO) price of RM1.21 per share, implying a price-earnings ratio (PE) of 39.2 times based on the earnings per share (EPS) for its financial year ended May 31, 2024 (FY24) .

TA Research said it is benchmarking Eco-Shop against large-scale, store-based domestic retailers in Malaysia.

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