99 Speed Mart
Retail & Consumer
Last reviewed 11 September 2026
99 Speed Mart traces its roots to a 1987 sundry shop in Klang founded by Lee Thiam Wah. A store using the '99' identity appeared in 1992, while the 99 Speedmart branding developed in the early 2000s.
- Industry
- Retail & Consumer
- Business type
- Retailer
- Founded
- 1987
Business & industry context
The business began with Lee Thiam Wah opening a mini-market in 1987 and later operating Ninety Nine Market under the trade name Pasar Mini 99. The first store bearing the name 99 opened in Klang Utama, and the chain expanded to eight Klang outlets by 1998.
99 Speed Mart Sdn Bhd was incorporated in 2000 and acquired the assets and liabilities of Ninety Nine Market in 2003. The group expanded into East Malaysia in 2013 and became publicly traded on Bursa Malaysia's Main Market on 9 September 2024.
The company operates neighbourhood mini-markets and says its network has over 3,000 outlets. Its other official offerings include 99 Bulksales, Speedpoint in-store payment services, and vendor opportunities.
Company information
Identity
- Company name
- 99 Speed Mart
- Founded
- 1987
- Brand names
- 99 Speedmart Pasar Mini 99 99 Bulksales Speedpoint
- Industry (source record)
- Convenience Retail / Retail
- Business type
- Retailer
- State
- Selangor
Contact & location
- Headquarters
- Lot P.T. 33198, Batu 4, Jalan Kapar, Mukim Kapar, 42100 Klang, Selangor Darul Ehsan
- Phone
- +603 3362 6863
- Official website
- 99speedmart.com.my
- Social profiles
Business footprint
- Markets served
- Malaysia, China
Source record
- MalaysianRecord status
- Listed
- Source record reviewed
- 2026-09-06
Details imported from MalaysianRecord (export: 2026-09-11). Source status and review dates belong to that record; they are not a new verification by Next Malaysia.
Locations
- HQ
Address: Lot PT 2811, Jalan Angsa, Taman Berkeley, 41150 Klang, Selangor D.E., Malaysia
Phone: +603 3362 6863
- 3985 – (PK) Simpang Batu
Address: No: 7 & 9 (Ground Floor), Jalan Susur Simpang Batu 2 ½, Jalan Besar, Simpang, 34000 Taiping, Perak Darul Ridzuan.
- 3978 – Sambanthan Seri Andalas
Address: No: 215 & 217 (Ground Floor), Jalan Tun Sambanthan, Taman Seri Andalas, 41200 Klang, Selangor Darul Ehsan.
- 3990 – (TG) Bangunan Kedai SEDC
Address: No: K-162 & K-163 (Ground Floor), Jalan Pekan Kemasik, Bangunan Kedai SEDC, Pekan Kemasik, 24200 Kemasik, Terengganu Darul Iman.
- 1 (Ground Floor), Jalan Bayan 37
Address: No: 1 (Ground Floor), Jalan Bayan 37, Taman Megah Ria, 81750 Masai, Johor Darul Takzim.
Brands & related entities
- Burger King
Relationship: Lee Thiam Wah and Ng Lee Tieng invested in the Burger King franchise in Malaysia and Singapore.
- U Stars Group
Relationship: Lee Thiam Wah has investments in U Stars Group, which operates in Singapore.
- Yiwu J-Jade Trading Co., Ltd
Relationship: Group-incorporated China procurement subsidiary.
- Yiwu Speed Mart Import & Export Co., Ltd
Relationship: Group-incorporated China procurement subsidiary.
Services & business activities
- Neighbourhood mini-market retail
Retail stores offering everyday essentials through a nationwide network.
- 99 Bulksales
Online bulk purchasing with pickup or doorstep delivery for retail and enterprise customers.
- Speedpoint services
In-store bill payments, mobile prepaid and reload, e-payment and e-wallet, and gaming and entertainment services.
Key people
- Lee Thiam Wah
Role: Founder
Relationship: Founder
99 Speed Mart traces its roots to a 1987 sundry shop in Klang founded by Lee Thiam Wah.
- Lee Thiam Wah
Role: Executive Director and CEO
Relationship: Founder
Founder of the Group and responsible for overall expansion and corporate strategy.
- Dato’ Chua Tia Guan
Role: Non-Independent Non-Executive Chairman
- Lee Lay Liang
Role: Executive Director
Leads the payments division.
- Yong Eng Kwang
Role: COO
Oversees large-scale branch operations and operational leadership.
- Ong Yee Peng
Role: CFO
Responsible for financial management of the Group.
Company history
99 Speed Mart traces its roots to a 1987 sundry shop in Klang founded by Lee Thiam Wah. A store using the '99' identity appeared in 1992, while the 99 Speedmart branding developed in the early 2000s. The company built a neighbourhood mini-market network supported by centralised distribution and logistics. Its growth story centres on scale, frequent locations and essential consumer goods.
- 1987
99 Speed Mart traces its roots to a 1987 sundry shop in Klang founded by Lee Thiam Wah.
99 Speed Mart traces its roots to a 1987 sundry shop in Klang founded by Lee Thiam Wah.
- 1992
A store using the '99' identity appeared in 1992, while the 99 Speedmart branding developed in the early 2000s.
A store using the '99' identity appeared in 1992, while the 99 Speedmart branding developed in the early 2000s.
- 1987
First mini-market opened
Lee Thiam Wah opened his first mini-market, Pasar Raya Hiap Hoe.
- 1992
Ninety Nine Market established
Lee Thiam Wah set up a mini-market chain under the sole proprietorship of Ninety Nine Market, trading as Pasar Mini 99.
- 2000
99 Speed Mart Sdn Bhd incorporated
- 2013
East Malaysia expansion
99 Speed Mart (East Malaysia) Sdn Bhd was incorporated and its first outlet and distribution centre were established in Kota Kinabalu.
- 2024-09-09
Public listing
The company became publicly traded on the Main Market of Bursa Malaysia Securities Berhad.
- 2025-08-31
First overseas outlet
The first overseas outlet opened in Fuzhou, Fujian Province, China.
Recognition & certifications
- Consumer Choice Award
Type: Award
Awarding body: Ministry of Domestic Trade and Consumer Affairs, Malaysia
Year: 2006
- Outstanding Entrepreneur Award
Type: Award
Awarding body: Chinese Chamber of Commerce and Industry Kuala Lumpur and Selangor
Year: 2014
- Outstanding Entrepreneurship Award
Type: Award
Awarding body: Asia Pacific Enterprise Asia
Year: 2014
Image sources & credits
- 15th 99 Speedmart blood donation campaign
Source: https://99speedmart.com.my/
Displayed from the company's official website. No reuse licence was identified; copyright may belong to the company or its licensors.
Source record references 6
- 99speedmart.com.my
Source classification: Tier 1 · Date in source record: 2026-09-05
- Corporate information
Source classification: Tier 1 · Date in source record: 2026-09-06
- Contact us
Source classification: Tier 1 · Date in source record: 2026-09-06
- Teams and awards
Source classification: Tier 1 · Date in source record: 2026-09-06
- Store locations
Source classification: Tier 1 · Date in source record: 2026-09-06
- Product and services pages
Source classification: Tier 1 · Date in source record: 2026-09-06
Frequently asked questions about 99 Speed Mart
What does 99 Speed Mart do?
99 Speed Mart traces its roots to a 1987 sundry shop in Klang founded by Lee Thiam Wah. A store using the '99' identity appeared in 1992, while the 99 Speedmart branding developed in the early 2000s.
Where is 99 Speed Mart based?
99 Speed Mart lists its headquarters or primary business address as Lot P.T. 33198, Batu 4, Jalan Kapar, Mukim Kapar, 42100 Klang, Selangor Darul Ehsan.
When was 99 Speed Mart founded?
99 Speed Mart records its founding year as 1987.
What is the official website for 99 Speed Mart?
The official website recorded for 99 Speed Mart is 99speedmart.com.my.
Latest 99 Speed Mart news
No published Next Malaysia coverage of this company yet. This hub is indexed only once it has a verified identity, a source pack and at least two substantive linked stories (§6.5).
Editorial sources & further reading
Official sources & further reading
- 99speedmart.com.my (Tier 2 — Company official / IR / named spokesperson)Supports: Company identity and public-record facts
- Corporate information (Tier 2 — Company official / IR / named spokesperson)Supports: Company identity and public-record facts
- Contact us (Tier 2 — Company official / IR / named spokesperson)Supports: Company identity and public-record facts
- Teams and awards (Tier 2 — Company official / IR / named spokesperson)Supports: Company identity and public-record facts
- Store locations (Tier 2 — Company official / IR / named spokesperson)Supports: Company identity and public-record facts
- Product and services pages (Tier 2 — Company official / IR / named spokesperson)Supports: Company identity and public-record facts
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