Malaysian dollar-store chain Eco-Shop is targeting a $1.6 billion valuation as it launches what is set to be the country’s biggest initial public offering that so far this year, showing ...

Riding the wave of Malaysia’s budget store boom, Eco-Shop has grown into the country’s biggest IPO so far this year and turned its founder, Lee Kar Whatt, into its newest billionaire.

Speed Mart's founder, Lee Thiam Wah, contracted polio at a young age. He’s been wheelchair-bound for much of his life.

MALAYSIA’S budget retailer Eco-Shop Marketing Sdn. and Loob Holding Sdn., which runs bubble tea chain Tealive, are aiming to go public next year as their private equity backer Creador Capital ...

So far this year, 23 companies have gone public on Bursa Malaysia. Founded in 2003, Eco-Shop operates 358 stores across Malaysia. It commands a significant share of the retail segment, ...

Johor, Malaysia-based Eco-Shop is looking to raise $238.4 million in the offering, it said in a bourse filing Tuesday. The discount-store retailer has priced 862.15 million shares at 1.21 ringgit ...