MR DIY Group is in discussions with Aberdeen Standard Investments, BlackRock Inc, AIA to invest in the group.
KUALA LUMPUR: MR DIY Group is in talks with Aberdeen Standard Investments and BlackRock Inc to become cornerstone investors in its initial public offering (IPO), which could be Malaysia’s biggest in more than three years, said people with knowledge of the matter.
AIA Group Ltd is also in discussions to take a stake in the first-time share sale by Malaysia’s biggest home improvement retailer, according to the people, who asked not to be identified as the information is private.
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