KUALA LUMPUR: Mr DIY Group is reviving its initial public offering (IPO) plan after postponing it in March when the Covid-19 pandemic worsened, according to people with knowledge of the matter.
The country’s biggest home improvement retailer aimed to restart marketing to gauge investors’ interest next month, the people said. The company aimed to raise about US$500mil (RM2.09bil) in the share sale, which could begin as early as October, the people said, asking not to be named as the information is private.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!