The home improvement retailer’s IPO involves the offer of up to 941.49 million shares, with institutional investors taking up 779.96 million shares and the remaining 161.53 million shares going to retail investors.
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.
The home improvement retailer’s IPO involves the offer of up to 941.49 million shares, with institutional investors taking up 779.96 million shares and the remaining 161.53 million shares going to retail investors.
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