The seed of 99 Speedmart was sown in the form of a traditional "mom and pop" sundry mart called Pasar Raya Hiap Hoe by our founder, Mr. Lee Thiam Wah in Tepi Sungai, Klang.
This humble beginning has allowed Mr. Lee to gain firsthand knowledge and insights into the sundry retail market through personal interactions with customers and suppliers.
The very first store that bore the name "99" opened in Klang Utama. Pasar Mini 99 represented the very first step Mr. Lee took to realise his vision of building an integrated chain of mini-marts.
With sheer dedication and hard work, Mr. Lee expanded Pasar Mini 99 to eight other outlets in Klang.
In line with the turn of the century, Mr.Lee seeked to rebrand pasar mini 99 by introducing an intensive expansion strategy geared to help the chain increase market penetration and market share. The now familiar 99 Speedmart brand was born with the opening of a new store at Batu Belah, Klang. The change in name represents more than just a rebranding exercise. It entails the introduction of a fresh approach in interior as well as exterior set up to enhance the visibility of the shop and the comfort of shopping.
Our first head office and distribution centre located in Jalan Kapar, Klang, Selangor was completed in October 2002.
This warehouse is completed with centralised stacking, storage and warehousing facilities.
2 years effort in refining the 99 Speedmart concepts produced encouraging results from increasing customer traffic volume and new store openings. This breakthrough convinced Mr. Lee that a new chain of 99 Speedmart mini markets was ready to take-off. Thus, all eight Pasar Mini 99 stores and a small warehouse were acquired and rebranded into 99 Speedmart.
99 Speedmart received its first Consumer Choice Award from the Ministry of Domestic Trade and Consumer Affairs, Malaysia. This milestone is a testament to 99 Speedmart's slogan of Near n' Save.
The 2nd distribution centre located in Jalan Kebun, Klang, Selangor started its operations in July 2008. It was designed to enable the chain to expand its network of mini markets nationwide to reach out to more customers while continuously introducing new and innovative products and services.
By leveraging on a large chain, supported by 2 fully-integrated distribution centres, we work in synergy with an advanced logistic system. 99 Speedmart is able to achieve optimum economies of scale via bulk purchases of goods thereby achieving increased economic efficiency and reduced costs.
On 1st November 2008, 99 Speedmart launched its 100th outlet in Pinggiran Batu Caves.
99 Speedmart's 200th outlet in Bandar Baru Selayang, Batu Caves opened on 27th June 2010.
99 Speedmart (East Malaysia) was incorporated, and its first outlet and DC were established in Kota Kinabalu, Sabah.
Our 5th Distribution Centre located in Rawang, Selangor, started its operation on 20th October 2014.
Our new Regional Headquarters and distribution centre in East Malaysia started its operations in September 2015. Located in Kota Kinabalu, Sabah, this distribution centre allows for the expansion of new 99 Speedmart outlets across the state.
Located in Taman Berkeley, Klang, our newest Headquarters was launched on the 16 of September 2016 - Malaysia Day. Spanning 12 floors this building allows 99 Speedmart to streamline daily operations.
12th August 2017, 99 Speedmart launched its 1000th outlet in Shah Alam Sek 13, Selangor.
Our 10th Distribution Centre located in Senai, Johor. It started operation on 19th October 2020.
25th November 2021, 99 Speedmart launched its 2000th outlet in Puncak Sentul, Kuala Lumpur.
We launched our bulk sales online platform named “99 Bulksales” via our online website, www.99bulksales.my, offering our consumers and enterprise customers the option to purchase in bulk quantities through our own e-commerce retail platform.
We incorporated both Yiwu Speed Mart Import & Export and Yiwu J-Jade Trading in China for procurement activities, aiming to strengthening our sourcing capabilities to provide better value to our customers.