Malaysia’s biggest IPO in 7 years has just created its newest self-made billionaire mini marchain 99 speedmart Holdings is Raising about $530 million in Malaysia’s biggest IPO since 2017 it is a rare Public Market debute in the consumption sector that shows how Malaysia is becoming an Investor’s darling in Southeast Asia amid its stronger than expected economic growth 99 has its presence felt all over Malaysia with over 2,6 00 stores it’s a far cry from its humble beginnings as a single sunry shop started by Lewa in 1987 Lee started this business out of necessity a b of polio left him wheelchair bound at a young age making it difficult for him to secure employment today in the same city where he started his first store 99’s flagship store is located inside its own 16 story building and combined with his other business interests such as his shareholdings in a local bank and also his franchising rights for Burger King in Malaysia and Singapore leaves personal Fortune after the IPO stands at about 3.3 billion