Malaysian discounter Eco-Shop wants to raise US$200 million for an IPO

Featured image of the article Malaysian discounter Eco-Shop wants to raise US$200 million for an IPO

An article by Morgane Monteiro

Publication

22 January 2025 à 10h06

Updated on 24 July 2025 à 10h43

Reading time

2 minutes

Publication: 22 January 2025 à 10h06, Updated on 24 July 2025 à 10h43

Reading time: 2 minutes

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An article by Morgane Monteiro

Publication

22 January 2025 à 10h06

Updated on 24 July 2025 à 10h43

Reading time

2 minutes

Publication: 22 January 2025 à 10h06, Updated on 24 July 2025 à 10h43

Reading time: 2 minutes

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On January 20, 2025, preparing for I.P.O. on the Malaysian Stock Exchange by June 2025, Malaysia’s largest discount retailer by sales Eco-Shop (annual revenue of US$510 million to the end of May 2024, up 21% in a year, net margin of US$37.5 million) will be meeting the main investors. Eco-Shop plans to raise US$200 million. On September 9, 2024, convenient rival 99 Speed Mart Retail raised US$534 million by listing on Bursa Malaysia, the largest amount raised on the market in seven years.

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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