99 Speed Mart aims to raise $509m in Malaysia's biggest IPO in seven years

99 Speed Mart aims to raise $509m in Malaysia's biggest IPO in seven years

FILE PHOTO: People look at trading boards at a private stock market gallery in Kuala Lumpur, Malaysia May 14, 2018. REUTERS/Stringer/File Photo

Malaysia’s top mini-market chain retailer 99 Speed Mart Retail Holdings aims to make its market debut on Sept. 9 after raising $509 million in an IPO set to be launched next month and which would be the country’s biggest in seven years, two people said.