MONEY MASTER

Quick Summary Bursa Malaysia says lower free float approvals for large IPOs follow clear, rule-based criteria No concerns raised by MSCI  over Malaysia’s index standing Indonesia’s MSCI warning is country-specific , not a regional issue Bursa plans to  boost market quality, disclosures and investor confidence What Bursa Malaysia Said Bursa Malaysia Bhd  clarified that approvals for  large IPOs with free float below 25%  are governed by  transparent regulatory parameters  and  have not triggered concerns from  MSCI Inc. . CEO  Datuk Fad’l Mohamed  stressed that such approvals are  selective and uncommon , typically granted to  mega-listings where liquidity remains sufficient . Recent Examples of Lower Free Float IPOs Sunway Healthcare Holdings Bhd  – approved with  18% free float Other mega IPOs previously granted flexibility: MR DIY Group (M) Bhd 99 Speed Mart Holdings Bhd Eco-Shop Marketing Bhd Key point:  ...

Mr DIY’s founders are going public again — this time in Thailand. Malaysian brothers  Tan Yu Yeh and Tan Yu Wei , the self-made billionaires behind the  Mr DIY  home improvement retail empire, are taking their  Thai operations  to the Stock Exchange of Thailand (SET) through an  initial public offering (IPO)  that could raise more than  RM730 million  in total. IPO Details: Dual Fundraising for Growth and Shareholders According to the company’s prospectus,  MR DIY Holding (Thailand) PCL  will raise  up to RM470 million  to fund  store expansion, working capital, and debt repayment . An additional  RM263 million  will be raised for existing shareholder  MDIH Singapore Pte Ltd , which is divesting part of its stake through the offering. The IPO is priced between  8.30 baht (RM1.08)  and  8.60 baht per share , with public subscription running from  October 27 to October 29 , offering in...

With the retail landscape becoming increasingly experiential, MR D.I.Y. Group (M) Bhd’s bold revamp of its MR.TOY concept signals a strategic pivot that could unlock long-term value for investors. While MR.TOY currently plays a minor role in group earnings, the refreshed, lifestyle-oriented format offers a differentiated growth lever, particularly in a market where experiential spending is growing among middle-income and millennial households. Strategic Retail Shift: From Function to Fun The newly launched MR.TOY flagship in MyTOWN, KL, marks a significant aesthetic and merchandising upgrade—featuring themed branded zones, blind-box collectibles, and a layout inspired by successful global models like KKV. By reducing the number of SKUs (~2,300 vs. >3,000 previously) and prioritizing IP-driven products (e.g. Disney, Marvel, Pop Mart), MR.DIY is aiming to improve inventory turnover and average basket size (targeting RM40 vs. RM20–30). Investment Implication: This transition from value...

MR DIY Group (M) Bhd (KL ) has seen its shares surge by approximately RM7 billion in market capitalisation year-to-date , with analysts maintaining a bullish outlook on the stock. On Wednesday, MR DIY's shares rose as much as nine sen or 4.23% , reaching an intraday high of RM2.22 before closing at RM2.17 , adding 1.88% to its market cap, now at RM20.52 billion . Year-to-date, the stock has seen a remarkable 52.4% increase . Trading volume surged to 26.9 million shares, well above the 90-day average of 10.21 million shares, making it one of the top 20 most actively traded stocks on Bursa Malaysia. At RM2.17, MR DIY is trading at a P/E multiple of 35.23 times , close to its historical range of 36.6 times. BIMB Securities noted that a P/E ratio of 35x is justified, given MR DIY's leading position in Malaysia’s home improvement and retail sectors . Factors driving its upside potential include steady store expansion and its investment in KKV , a lifestyle retail chain from Ch...