Mr Diy Share Ipo
The group is slated for a listing on the main market.
Mr diy share ipo. Mr diy’s ipo comprises a public issue of 188.4 million new shares and an offer for sale of 753.09 million existing shares at rm1.60 apiece. In the philippines, home furnishing retailer allhome corp recently announced that its ipo would be priced at 11.50 per share, equivalent to about 20 to 25 times projected 2020 earnings. Mr diy raised rm1.5bil from the market.
The ipo, of up to 941.49 million mr diy shares, represents 15% of the enlarged issued 6.28 billion shares, and comprises of an offer for sale of up to 753.09 million existing shares and a public. At us$362 million, mr diy's share sale would be the biggest ipo in malaysia since lotte chemical titan holding bhd raised us. Mr diy closed at rm1.75, up 15 sen or 9.4% against its ipo price of rm1.60.
Listing sought date of listing (* tentative) opening closing public issue offer. Mr diy group, malaysia’s biggest home improvement retailer, is considering postponing its planned initial public offering after the country’s equities market tumbled on political uncertainty. 06 oct 2020 14 oct 2020 rm1.60.
By the time 2025 , maybe mr. The company, which is only looking to list its malaysian business, is targeting a valuation of rm10bil, potentially making it the 35th largest company by market capitalisation should it be listed on bursa malaysia, On 6 october 2020, mr.
Mr diy said it would be offering 470.75 million ipo (initial public offering) shares to bumiputera investors approved by the ministry of international trade and industry. Raised $849 million in 2017, data compiled by bloomberg show. Offer price was fixed at rm1.60 per share, giving it an estimated market capitalisation of rm10 billion.
However, the gain is relatively low compared with its low liner peers which made their debut on bursa in the past 12 months. The impending public share sale of the home improvement retailer will be music to the ears of an eager market given the ipo is almost certain to be the last big one for the year. Would you invest into a pe 31x retail company at this kind of environment where some businesses are barely surviving?