Mini-mart King hits billionaire status in Malaysia’s hot IPO market

Quick Summary:

LEE Thiam Wah’s first retail venture was selling snacks from a roadside stall in Malaysia.

Several decades later, the entrepreneur has transformed that humble beginning into a sprawling retail empire of more than 2,600 convenience stores across the nation.

Lee opened a grocery shop in 1987 and a decade later he was running eight stores under the name Pasar Mini 99, where his wife, Ng Lee Tieng, 44, started her career as a purchasing executive in 1997.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: Retail /Business/Business News IPO Listing Billionaire Corporate News 99 Speed Mart Lee Thiam Wah

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 10:56:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 672 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 22417344

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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