Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates.
With a target of adding 250 new outlets annually and plans to expand its network to 3,000 outlets by the end of 2025, the IPO signals growth and an enhanced shopping experience for customers nationwide. With a commanding market share and a proven track record of growth and distribution efficiency, investing in 99 Holdings could be a strategic move for diversifying their portfolios with a stable yet promising stock.
It’s an opportunity for everyday Malaysians to invest in a company that’s part of their daily life, potentially reaping the rewards as 99 Holdings continues to expand and dominate the market. It was founded in 1987 by Lee Thiam Wah – who is wheelchair-bound due to polio he contracted when he was 8 months old – as a traditional sundry store in Klang.Its tagline, ‘Dekat Lagi Murah’ , perfectly encapsulates its commitment to providing accessible and affordable shopping solutions.
These honours underscore the brand’s commitment to quality, affordability, and consumer satisfaction: