Dollar Store to Boost Malaysian IPOs With Year's Biggest Listing
Discount-chain Eco-Shop Marketing Bhd. debuts in Malaysia on Friday in a listing that's set to create a billionaire after the nation's biggest initial public offering of the year.
Eco-Shop, which sells household items at a fixed price of 2.60 ringgit ($0.60), raised 974 million ringgit in an offering that valued the company at about $1.5 billion. That's the most since an IPO by 99 Speed Mart Retail Holdings Bhd. in September.
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