Malaysia's Biggest IPO in 7 Years: 99 Speed Mart

99 Speedmart dominates the mini-mart sector with the highest number of outlets. Founded in 2000 by Lee Thiam Wah, the brand focuses on serving local communities. With 2,542 outlets across Malaysia, it significantly outpaces competitors and plans to open 250 new outlets each year. In 2022, it held a 37.9% market share in the mini-market sector and 75.4% among chain brands. We will analyze the worth-noting information in this IPO during the live session. All opinions expressed in the live stream and video are the independent opinions of 12Invest. Moomoo MY and its affiliates are not responsible for their content and opinions.