In today’s briefing:
- Mr DIY Indonesia IPO – Aiming to Repeat the Performance of Its Parent’s Listing
Mr DIY Indonesia IPO – Aiming to Repeat the Performance of Its Parent’s Listing
- PT Daya Intiguna Yasa Tbk (Mr DIY Indonesia) (2517930D IJ) is looking to raise US$296m from its Indonesia IPO.
- Mr DIY Indonesia (MRDIYI) is a home improvement retailer. The entity is the Indonesian entity under the Mr DIY group’s list of subsidiaries.
- In this note, we will undertake a peer comparison and discuss our thoughts on valuation.