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Discount chain Eco-Shop files for RM7b IPO amid retail sector growth

Malay Mail LogoMalay Mail12h ago

Discount chain Eco-Shop files for RM7b IPO amid retail sector growth - Malay Mail

Quick Summary:

KUALA LUMPUR, April 29 — Eco-Shop Marketing Sdn Bhd, a Malaysian discount retail chain, plans to raise RM419 million in...

The IPO is the latest indicator of resilience in the Malaysian consumer sector, which also saw last year’s largest listing in 99 Speed Mart Retail Holdings Bhd’s US$530 million debut.

Chief executive officer Jessica Ng said the business model is especially relevant in the current cost-of-living environment, during the prospectus launch in Selangor.

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Discount chain Eco-Shop files for RM7b IPO amid retail sector growth - Malay Mail (Picture 1)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 13:59:39 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 199 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 28280795

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 15 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 5 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

Publisher Details

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The story "Discount chain Eco-Shop files for RM7b IPO amid retail sector growth" has 199 words across 11 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Discount chain Eco-Shop files for RM7b IPO amid retail sector growth" was covered 12 hours ago by Malay Mail, a news publisher based in Malaysia.

How trustworthy is 'Malay Mail' news outlet?

Malay Mail is a fully independent (privately-owned) news outlet established in 1896 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 15 news stories per day.

It's most recent story was published 5 hours ago.

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  • News ID: #28280795
  • URL: https://jb-adventure.beamstart.com/news/discount-chain-eco-shop-files-17459077428606

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