99 Speed Mart Shares Surge In Malaysia's Largest IPO In Seven Years
99 Speed Mart Shares Surge In Malaysia's Largest IPO In Seven Years
99 Speed Mart Retail made a strong debut on the Malaysian stock exchange on Monday, opening 12.1% higher at RM1.85 per share. This marked a successful listing for the country's largest mini-market chain, which raised RM2.36 billion ($542.8 million) in Malaysia's biggest IPO since 2017.
99 Speed Mart零售在週一在馬來西亞股票交易所上市後表現強勁，股價以每股1.85令吉（RM）高開12.1%。這標誌着該國最大的迷你市場連鎖店成功上市，自2017年以來籌集了23.6億令吉（54280萬美元），是馬來西亞自2017年以來規模最大的新股發行。
The stock climbed as much as 14.5% to RM1.89 in early trading before slightly retreating, while the local benchmark index (.KLSE) dropped around 0.5%.
該股票在早盤交易中最高上漲至1.89令吉，隨後略有回落，而當地基準指數（.KLSE）下跌約0.5%。
Founded in 1987 by Lee as a traditional sundry store, 99 Speed Mart plans to use the proceeds from its initial public offering to expand aggressively. The company aims to open 250 new stores annually until 2027, increasing its store count from 2,526 as of December 31, 2023, to around 3,000.
99 Speed Mart成立於1987年，由李氏創辦，最初是一家傳統的雜貨店，計劃利用首次公開發行的收益實施積極的擴張。該公司旨在每年開設250家新店，直到2027年，將門店數量從截至2023年12月31日的2526家增加到約3000家。
Last week, 99 Speed Mart posted a significant 66.3% year-on-year increase in its second-quarter net profit, reaching RM125.5 million. Revenue also grew by 8.2% to RM2.4 billion, driven by higher sales from new stores and its expanding e-commerce platform.
上週，99 Speed Mart第二季度淨利潤同比顯著增長66.3%，達到1.255億令吉。營業收入也增長了8.2%，達到24億令吉，得益於新店銷售額的增加和電子商務平台的擴張。
This IPO marks the largest in Malaysia since Lotte Chemical Titan Holding's listing in 2017 and Southeast Asia's biggest since Amman Mineral Internasional's IPO in Indonesia last year. With proceeds from Malaysian IPOs doubling to $1.3 billion so far in 2024, 99 Speed Mart's successful debut signals strong momentum for future listings in the country.
這次新股發行是自2017年Lotte Chemical Titan Holding公司上市以來馬來西亞最大的一次，也是東南亞自去年印度尼西亞Amman Mineral Internasional公司新股發行以來規模最大的一次。到目前爲止，2024年馬來西亞新股發行的收益翻倍至13億美元，99 Speed Mart成功上市預示着該國未來新股上市的強勁勢頭。
譯文內容由第三人軟體翻譯。