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. D.I.Y., which is backed by private equity firm Creador, could list as soon as the end of the year, the people said. Creador chief executive officer Brahmal Vasudevan said by phone that Mr. D.I.Y. Officials at Mr. D.I.Y. Deliberations about a listing of Mr. D.I.Y.

Source: The Star January 03, 2019 09:51 UTC