MR.D.I.Y which opened its first store along Jalan Tuanku Abdul Rahman in July 2005 and has now grown to become the largest home improvement retailer in the region with stores across Malaysia.
Nowadays, the company already become the preferred place to go for almost everything. (My kids like to go there to buy toys)
Nowadays, the company already become the preferred place to go for almost everything. (My kids like to go there to buy toys)
With ten categories — Hardware, Household, Electrical, Furnishing, Car Accessories, Stationery & Sports, Toys, Gifts, Computer & Mobile Accessories and Jewellery & Cosmetics — in each store, MR.DIY offers a wide selection of more than 16,600 types of products. Along major highways, you can't take your eyes off the billboard highlighting the company's motto of “ALWAYS LOW PRICES”.
Here you go the TEN key points:
- Mr DIY was backed by private equity firm Creador.
- Mr DIY commanded an estimated market share of 29.1% in 2019 based on its revenue for the financial year ended December 31, 2019.
- Offer price was fixed at RM1.60 per share, giving it an estimated market capitalisation of RM10 billion.
- The IPO listing will be the largest in Malaysia, since Lotte Chemical Titan raised RM3.77 billion in July 2017.
- According to sources, among the cornerstone investors are BlackRock Inc, AIA Group Ltd and J.P. Morgan Asset Management, Fidelity Investments and Aberdeen Standard Investments.
- How the company use the money raised via IPO?
- How mush is the cost of opening new stores?
- Household and furnishing the best selling product by category
- Revenue was mainly coming from Central & Southern region of Malaysia:
- At last, how can you don't know this IPO time table?
Other than MR.DIY this name???
Yes. If you come across other names, it may come from the same company. It's just with different shop name.
Currently, the group operates 640 stores across Malaysia and four stores in Brunei under the “MR. D.I.Y.” brand, with a further 28 stores in Peninsular Malaysia under the “MR. TOY” brand which focuses on affordable toys and other products for children and babies.
In August, the Group had even launched a new concept store called “MR. DOLLAR” catering to consumer demand for food and beverage items, and essential household products, for the mass market, with all products at fixed price points of either RM2 or RM5.
So, does MR. DIY qualified to be your Mr. Right?
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Ho Wah Genting Berhad Group aims to study the potential of nanoformulated dietary supplements
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Chief Executive Officer of HWGB, Dato’ Aaron Lim said: “There is huge potential for nanotechnology research because it provides a new dimension which is widely used in the areas of production of new generation drug formulations and dietary supplements.
Dato’ Aaron Lim reiterated that: “The appointment of AP Dr. Azmi as Chief of Material Engineering reflects our commitment in contributing to our healthcare sector”. AP Dr. Azmi, currently an Associate Professor of the Faculty of Chemical Engineering, Universiti Malaysia Perlis (UniMAP), has expertise in corrosion, composites, materials engineering, material characterization, materials, nanoparticle preparation, microstructure, mechanical properties, sintering and coating. He also has vast experience in nanoporous materials research and its preparation. The preparation of nanoporous materials involves advance technology with rigorous methodology.
AP Dr. Azmi obtained his Bachelor of Science in Applied Science degree from Universiti Sains Malaysia (USM) and completed his Master of Science in Materials from Cranfield University, UK. He was then awarded a doctorate in Metallurgy and Materials from the University of Nottingham, UK. Besides his appointment for UniMAP, AP Dr. Azmi previously was an Associate Professor at the School of Material and Mineral Resources Engineering, USM.
About Ho Wah Genting Berhad
Ho Wah Genting Berhad is principally engaged in investment holdings and the provision of management services to its subsidiaries. The Company had on 30 June 2020 diversified its existing businesses to include healthcare related industry which mainly involved in Health Supplement, Biotechnology and Health Technology. In addition, the Company and its subsidiaries (“HWGB Group” or the “Group”) are also engaging in the businesses of Investment holdings; manufacturing of wires and cables and moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment; trading of wire and cable; and travel agent and tour related services.
Follow us on https://hwgbbiotech.com/, http://subscription.hwgbbiotech.com, https://www.facebook.com/hwgbbiotech, https://www.linkedin.com/company/hwgbbiotech and https://t.me/hwgbbiotech to view the latest updates about our company ventures in the healthcare industry.
About Associate Professor Dr. Azmi Bin Rahmat
AP Dr. Azmi is an Associate Professor of Faculty of Chemical Engineering, Universiti Malaysia Perlis (UniMAP)
Bachelor Science (Applied Science) degree from Universiti Sains Malaysia (USM).
Master Science (Materials) from Cranfield, United Kingdom.
Ph. D (Metallurgy and Materials) from the University of Nottingham, United Kingdom.
tanx
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