Malaysia’s biggest D.I.Y. retailer postpones I.P.O.

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18 March 2020 à 16h10

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Publication: 18 March 2020 à 16h10

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18 March 2020 à 16h10

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Publication: 18 March 2020 à 16h10

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Mr DIY (1,000 stores in Asia, including 570 in Malaysia and Brunei) is expected to postpone a stock market listing due to current market uncertainties. This was initially planned for the end of March 2020 with a view to raising US$500 million. The delay comes alongside the Malaysian President Mahathir Mohamad’s unexpected resignation last month, within an already troubled economic climate due to the virus. Selling in Malaysia, Thailand, Singapore, Indonesia and the Philippines, Mr. DIY’s stores

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