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Discount Chain Eco-store marketing BHD shares.billionaire.
The stock jumped up to 10.6% in early trade in advance. 2,60 RingGit ($ 0.60) Ecological store selling household items at a stable price, 974 million Ringgit, the company estimated about $ 1.5 billion. This is the most by an IPO99 Speed March Retail Holdings BHD.in September.
According to the executive officer Jessica NG, the time for the eco-store could not be better. “If you look at the current economic situation, our work model needs more. We extend the ringgit for many people,” Bloomberg said.
For the next two years, potential revenue growth for the majority of the population will also provide a “great grip” and the expansion of the room. The dollar store operator plans to get from shares from stock sales to add 70s to the 70th body in the next five years.
Debut, in 2024 55 IPOs after 55 IPOs after IPOs are a positive sign for the Malaysian market where the supply was suspended by tariffs. The an environmental store IPO shares eventually show the list, despite the low price, the list is still stretching for low-precious consumer brands among investors.
In 2003, the eco-store established by Lee Snow and partners increased to 350 stores within Malaysia. The Lee-$ 1.15 billion stake with a post-list will end, according to the Bloomberg billionaires index, the headquarters of a small town in southern southern Jementah.
The company wants to expand the portfolio of the home brands to better control the sale and quality of sales and quality. NG, the group also said that the mechanisms also have the mechanisms that allow them to maintain the cost of imported products.
Eco-store that sells everything for clocks and cleaning products of snacks,declareIn February, 61.7 million Ringgits in February 45% increase in net profit. The revenue jumped 17% to 736 million ringgones.
Undoubtedly, the competition was strengthened in recent years, especially by rivals built as Mr. DIY GROUP (M) BHD. And minor upgrades managed by Mainland’s entrepreneurs of China. However, NG, the economy of the Eco-store can wake its niche, taking into account the 68% market share given a market share in the discount store sector.
Earlier, Malaysia, Malaysia, said that Malaysia brands are generally “goodbye” and many have become “invaluable” on their categories. He said that the internal demand for local chains will continue as an environmental shop.
This story was first displayed Fortune.com
