Eco-Shop Marketing Bhd (Eco-Shop) signed an underwriting agreement with Maybank Investment Bank for its proposed IPO on Bursa Malaysia’s Main Market. CEO Jessica Ng called it a milestone toward becoming a public-listed company, supporting financial strength and growth.
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Eco-Shop Secures Underwriting Deal for Bursa Malaysia IPO
Funds raised will boost new store openings, enhance distribution capabilities, and invest in technology. Eco-Shop, one of Malaysia’s largest budget retailers, operates 358 stores nationwide, including Eco-Plus outlets.
The IPO will offer 862.15 million shares. Maybank IB CEO Michael Oh-Lau highlighted Eco-Shop’s scalable model and affordable products, positioning it as an attractive investment in Malaysia’s growing retail segment.
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