KK Mart plans Bursa Malaysia IPO with 840 million shares

The convenience store operator filed a draft prospectus for an offering of 840 million shares. Funds will support store expansion and digital investments.

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KK Mart Retail Bhd, the operator of the KK Super Mart convenience chain, has filed a draft prospectus for an initial public offering on Bursa Malaysia, according to documents submitted to the Securities Commission Malaysia. In a report from Singapore, the company's primary operations are highlighted across Malaysia, where it currently manages a network of 996 retail outlets.

Investors monitor stock market prices in Kuala Lumpur in this 2006 file photo. REUTERS/Bazuki Muhammad/File Photo
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