KUALA LUMPUR, Aug 27 (Bernama) -- 99 Speed Mart Retail Holdings Bhd has fixed its institutional price and final retail price for its initial public offering (IPO) at RM1.65 per share.
The company said in a stock exchange filing that this was decided following the completion of the book-building process under the institutional offering on Tuesday. The retail offering also closed last Friday (Aug 23)
99 Speed Mart plans to list on the Main Market of Bursa Malaysia Securities on Sept 9, 2024.
The group is expected to have a market capitalisation of RM13.9 billion based on an enlarged issued share capital of 8.4 billion shares and an IPO price of RM1.65 per share.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
