99 Speed Mart launches $532m IPO, Malaysia's biggest in seven years

99 Speed Mart launches $532m IPO, Malaysia's biggest in seven years

Photo: 99 Speed Mart website

Malaysia’s top mini-market chain retailer 99 Speed Mart Retail Holdings on Thursday launched an initial public offering (IPO) that would raise 2.36 billion ringgit ($532 million), the country’s biggest IPO in seven years.