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99 Speed Mart
Malaysia
After IPO, 99 Speed Mart’s billionaire founder sets his sights beyond Malaysia
The company opened a store in Singapore in 2019, but swiftly exited the market less than a year later amid the Covid-19 pandemic.
September 17, 2024
IPO
Malaysia's biggest IPO in seven years to turn 99 Speed Mart founder into billionaire
99 Speed Mart Retail Holdings went public in Kuala Lumpur this morning.
September 09, 2024
Malaysia
99 Speed Mart up 12% on debut following Malaysia's largest IPO in seven years
The IPO was oversubscribed by 3.04 times.
September 09, 2024
Tong's Portfolio
99 Speed Mart: A ‘flywheel’ business model for basic consumption goods
Scale is 99 Speed Mart’s economic moat.
September 05, 2024
Company in the news
iFast-led consortium submits bid for Malaysian digital bank licence
iFAST Corp leads a consortium comprising three Malaysian partners and China's Yillion Fintech.
June 30, 2021