DIY. A million Dollar I.P.O. for the “Leroy Merlin” of Malaysia

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15 February 2019 à 10h53

Updated on 10 May 2019 à 16h18

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1 minute

Publication: 15 February 2019 à 10h53, Updated on 10 May 2019 à 16h18

Reading time: 1 minute

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Publication

15 February 2019 à 10h53

Updated on 10 May 2019 à 16h18

Reading time

1 minute

Publication: 15 February 2019 à 10h53, Updated on 10 May 2019 à 16h18

Reading time: 1 minute

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With more than 700 stores in Southeast Asia in December 2018 (average size of 930 sq.m GLA, sales of US$209 million in the fiscal year 2017, the last one available), the Malaysian home improvement giant “Mr DIY” is considering a floatation during 2019. The company intends to I.P.O. its domestic operations later during the year on either the Malaysian or Hong Kong exchange, while the Malaysian private equity firm Creador would take a step back after three years of investment. The retailer aims t

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