KUALA LUMPUR: (Bloomberg) -- Mr. D.I.Y., Malaysia’s biggest home improvement retailer, is exploring an initial public offering that could raise about RM2.1bil (US$500mil), people with knowledge of the matter said.
The company has been interviewing potential underwriters as it considers a listing in Kuala Lumpur, according to the people. Mr. D.I.Y. is targeting a market value of about RM10bil (US$2.4bil), the people said, asking not to be identified because the information is private.
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