Malaysia Low-Price Retail Chain Eco-Shop IPO on Bursa Malaysia with Share Price Increasing +6.2% on Day 1 Trading to $1.6 Billion Market Value (IPO MYR 1.13, 23/5/25 Closing: MYR 1.2) & Raising $274 Million in IPO, Founded in 2003 by Lee Kar Whatt Who Becomes Billionaire with $1.2 Billion Fortune
23rd May 2025 | Hong Kong
Malaysia low-price retail chain Eco-Shop has IPO on Bursa Malaysia with share price increasing +6.2% on day 1 trading to $1.6 billion market value (IPO MYR 1.13, 23/5/25 Closing: MYR 1.2), and raising $274 million in the IPO. Eco-Shop was founded in 2003 by Lee Kar Whatt, who becomes billionaire with $1.2 billion fortune. Earlier in 2025 May, Malaysia low-price retail chain Eco-Shop was targeting to raise $91.2 million in Malaysia IPO at $1.51 billion valuation, with target listing on 23rd May 2025. Profile – Eco-Shop is your trusted everyday brand. From our humble beginnings in 2003 with a single RM2 shop, we’ve grown into a nationwide phenomenon with over 350 outlets, offering quality products at affordable price. Eco-Plus concept store provides a wide selection of items, all priced at RM10 & below, maintaining our commitment to affordability and quality
“ Malaysia Low-Price Retail Chain Eco-Shop IPO on Bursa Malaysia with Share Price Increasing +6.2% on Day 1 Trading to $1.6 Billion Market Value (IPO MYR 1.13, 23/5/25 Closing: MYR 1.2) & Raising $274 Million in IPO, Founded in 2003 by Lee Kar Whatt Who Becomes Billionaire with $1.2 Billion Fortune “
Malaysia Low-Price Retail Chain Eco-Shop to Raise $91.2 Million in Malaysia IPO at $1.51 Billion Valuation with Target Listing on 23rd May 2025, Founded in 2003 by Lee Kar Whatt

10th May 2025 – Malaysia low-price retail chain Eco-Shop is targeting to raise $91.2 million in Malaysia IPO at $1.51 billion valuation, with target listing on 23rd May 2025. Eco-Shop was founded in 2003 by Lee Kar Whatt. Profile – Eco-Shop is your trusted everyday brand. From our humble beginnings in 2003 with a single RM2 shop, we’ve grown into a nationwide phenomenon with over 350 outlets, offering quality products at affordable price. Eco-Plus concept store provides a wide selection of items, all priced at RM10 & below, maintaining our commitment to affordability and quality.
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