Malaysia’s Mr DIY cracks open long-awaited $363m IPO

By Jonathan Breen
06 Oct 2020

Mr DIY Group has kicked off the roadshow for its MR1.5bn ($362.7m) IPO, set to be Malaysia’s largest listing in over three years.

The company is offering 941.m shares, equal to 15% of its enlarged share capital, at a fixed price of MR1.60. The float, which includes an issue of 188.4m new shares and 753.1m existing shares, would give Mr DIY a market capitalisation of MR10bn.

The issuer is Malaysia’s largest ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial