Malaysia’s biggest IPO in seven years: 99 Speed Mart oversubscribed by 3.04 times

Quick Summary:

KUALA LUMPUR, Aug 29 — 99 Speed Mart Retail Holdings Bhd’s initial public offering (IPO) has been met with strong demand...

Affin Hwang Investment Bank Bhd and RHB Investment Bank Bhd are also joint underwriters for the IPO.99 Speed Mart is scheduled to list on the Main Market of Bursa Malaysia Securities on September 9, 2024.

As a result, there will be no refunds to successful retail applicants.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndia

Topics: Initial public offering IPO 99 Speed Mart

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 17:44:25 (3 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 248 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 22296717

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About Malay Mail

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Official Website: malaymail.com

Year Established: 1896

Headquarters: Malaysia

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Publisher ID: #106

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