KUALA LUMPUR -- Malaysia's leading fixed-price retail chain Eco-Shop debuted on Bursa Malaysia on Friday at 1.25 ringgit per share, up 10.6% from its initial public offering price.
IPO
Malaysian retailer Eco-Shop rises over 10% in market debut after $91m IPO
Company aims to set up new stores, warehouse, as it competes with MR.DIY, 99 Speedmart
Proceeds from the IPO will support Eco-Shop’s growth strategy, including the opening of 70 new stores in the first year. (Photo by Norman Goh)
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