MR DIY raised RM1.5bil from the market based on the retail price of RM1.60 per IPO share. MR DIY outlet in Damen Mall, Subang Jaya.
KUALA LUMPUR: MR DIY Group (M) Bhd
's initial public offering of up to 941.49 million shares – comprising of 753.09 million existing shares and 188.40 million new shares -- was oversubscribed by institutional and retail investors.
At RM1.60 per share, the home improvement company raised RM1.50bil from the IPO and it is slated to be listed on the Main Market of Bursa Malaysia on Oct 26.
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