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PETALING JAYA: The RM1.5bil initial public offering (IPO) of Main Market-bound MR DIY Group (M) Bhd has been oversubscribed by retail investors as well as Malaysian and foreign institutional funds by 3.91 times.
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.
KUALA LUMPUR: The institutional price and final retail price for home improvement retailer MR D.I.Y. Group (M) Bhd’s initial public offer have been fixed at RM1.60 per share.
KUALA LUMPUR/HONG KONG: Malaysian home improvement retailer MR DIY Group opened the books for its 1.5 billion ringgit ($361.71 million) initial public offering (IPO) on Tuesday, the country's largest listing in three years.
This follows gains in companies such as Alibaba
NEW YORK: Wall Street's 'fear gauge' is soaring again, as investors spooked by Thursday's market decline rushed to load up on options protection, but analysts said the intensity of the move in volatility does not necessarily point to a market crash.