PETALING JAYA: MR DIY Group (M) Bhd
is within “touching distance” of entering the FBM KLCI with just less than a 60-sen jump in its share price.
The home improvement retailer, which was the largest initial public offering (IPO) on Bursa Malaysia in recent years, closed at RM2.42 yesterday.
UOB Kay Hian Malaysia Research said MR DIY would command a market capitalisation of RM18.8bil at a share price of RM3, bringing it closer for an inclusion into the FBM KLCI.
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