MR D.I.Y. Group (M) IPO
Consumer Products & Services, Retailers. Offered at RM1.60 a share, listed on 26 Oct 2020.
Timeline
- Offer opens6 Oct 2020
- Offer closes14 Oct 2020
- BallotingDone
- Listed26 Oct 2020
Public applications for 0.1 times the shares on offer.
Opened at the offer price, closed +9.4% on day one.
About MR D.I.Y. Group (M)
Investment holding company whose subsidiaries are principally involved in the retail of home improvement products and mass merchandise in Malaysia and Brunei, operating under the 'MR. ' brand.
CISCOM's forecast for MR D.I.Y. Group (M) is available to Pro members.
Every IPO gets a projected first-day range and a probability of opening above the offer price, built from the most similar past listings on Bursa Malaysia. Across 246 IPOs in the walk-forward back-test, the model called the first-day direction right 74% of the time. Educational estimates, not investment advice.
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Facts on this page come from Bursa Malaysia announcements, the prospectus and issuing-house press releases, and can change. CISCOM is an educational service and does not provide investment advice. Past performance does not guarantee future results. Consult a licensed adviser before investing.