Mini-Mart King Hits Billionaire Status in Malaysia's Hot IPO Market [Yahoo! Finance Canada]
UNITED OVRSEAS BK S/ADR (UOVEY)
NASDAQ:AMEX Investor Relations:
uobgroup.com/investor/index.html
Company Research
Source: Yahoo! Finance Canada
Several decades later, the entrepreneur has transformed that humble beginning into a sprawling retail empire of more than 2,600 convenience stores across the nation. Most Read from Bloomberg Today, the 60-year-old will be minted as a billionaire after his company 99 Speed Mart Retail Holdings Bhd goes public in Kuala Lumpur. The $531 million initial public offering is Malaysia's largest in seven years. At the IPO price of 1.65 ringgit ($0.38) per share, Lee's fortune is about $3.3 billion, according to the Bloomberg Billionaires Index. The listing cements Kuala Lumpur as the busiest location for market debuts in Southeast Asia this year and shows investor optimism in the nation's growth potential. The firm's shares are seen as a way to build exposure to the consumer sector in an economy that's projected to expand as much as 5% this year. “It comes at a crucial moment for both Malaysia's IPO landscape and Southeast Asia's capital markets,” said Mohit Mirpuri, a senior partner
Show less
Read more
Impact Snapshot
Event Time:
UOVEY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UOVEY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UOVEY alerts
High impacting UNITED OVRSEAS BK S/ADR news events
Weekly update
A roundup of the hottest topics
UOVEY
News
- UOB teams up with Disney Cruise Line to deliver magical travel experiences for ASEAN consumersPR Newswire
- Singapore artwork paying homage to days past wins 2024 UOB Southeast Asian Painting of the Year AwardPR Newswire
- Singapore artwork paying homage to days past wins 2024 UOB Southeast Asian Painting of the Year AwardPR Newswire
- United Overseas Bank (SGX:U11) Reports Q3 Earnings Growth and Expands into New Markets for Future Gains [Yahoo! Finance]Yahoo! Finance
- United Overseas Bank Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance