99 Speed Mart signs retail underwriting agreement for Main Market IPO

From left: RHB Investment Bank executive director, head, group capital market & advisory Jaimie Sia, 99 Speed Mart Retail Holdings non-independent non-executive chairman Datuk Chua Tia Guan, 99 Speed Mart executive director and chief executive officer Lee Thiam Wah, CIMB Investment Bank regional head, investment banking and deputy chief executive officer Nor Masliza Sulaiman and Affin Hwang Investment Bank chief executive officer Nurjesmi Mohd Nashir.

99 Holdings is targeted to be listed on the Main Market of Bursa Malaysia Securities in the third quarter of 2024. The group’s IPO of up to 1.43 billion ordinary shares will comprise an offer for sale of up to 1.028 billion existing ordinary shares and a public issue of 400.0 million new ordinary shares .

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