One of Malaysia's largest chain convenience stores is planning to have its first initial public offering.

According to informed sources, one of Malaysia's largest convenience store chains is reportedly planning to conduct its first initial public offering (IPO), with an estimated market value of around $750 million. These sources mentioned that KK Super Mart plans to go public in the second half of this year. They added that this IPO may represent more than 25% of the company's equity value. The company did not immediately respond to requests for comment. As global stock markets continue to reach new highs, investors' continued interest in stocks has benefited, although uncertainties have also driven up demand for safe-haven assets. Stock exchanges across Asia, including Japan and South Korea, have been hitting record highs, and emerging markets are increasingly favored by investors seeking diversification and lower valuations. This trend is giving companies more confidence to test the public markets, despite the ongoing geopolitical uncertainties and market volatility.