<ul><li>Lee Thiam Wah, the founder of 99 Speed Mart, has become a billionaire following the company’s $531 million IPO in Kuala Lumpur, the largest in Malaysia in seven years.</li><li>Lee’s journey began with selling snacks from a roadside stall, and he has since grown his business into a retail empire with over 2,600 convenience stores across Malaysia.</li><li>At the IPO price of 1.65 ringgit per share, Lee's net worth is now approximately $3.3 billion, according to the Bloomberg Billionaires Index. The company’s stock has seen a significant rise post-IPO.</li></ul>

IPO Boom Turns Malaysia Convenience Chain Owner Into Billionaire

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