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Mr DIY, the biggest home improvement retail chain in Asia, is setting its sights on further expansion in Thailand, having recently reached the milestone of 1,000 stores in the country. Establishing a Strong Retail Presence Since its debut in Thailand in 2016,…
Malaysian home improvement retailer MR DIY Group opened the books for its 1.5 billion ringgit ($361.71 million) initial public offering (IPO) on Tuesday, the country’s largest listing in three years. The company fixed the offer price at 1.60 ringgit per…
Mr DIY Group has revived plans for a US$500 million IPO following the postponement in March due to the coronavirus. The deal, which could be the largest Malaysian IPO in four years, is now pending the enthusiasm of potential investors and could be scheduled…
Philippines retailer The Villar Group plans to open more compact versions of its Allhome DIY and building-supplies stores. The move is a bid to position outlets within closer range of shoppers reluctant to travel far from home during the coronavirus pandemic.…
Malaysian home improvement brand Mr DIY may postpone its planned IPO following the effect of political uncertainty on the domestic market. Malaysia’s equities market suffered heavily from the impact of Malaysian president Mahathir Mohamad’s unexpected…
Bunnings managing director Michael Schnieder has announced he expects the homewares and DIY retailer will have its e-commerce operations online and fully operational nationwide before Christmas 2019. The business has trialled a more limited online offering in…
Gong Cha will team up with Tokidoki to create the world’s first bubble-tea funhouse at Singapore Shilin night market. The Tokidoki-themed bubble-tea funhouse will bring three new flavours including Rosa Latte, Berry Biscotti, Bambu Boba, served in Tokidoki…
Ducati India has announced its Do-It-Yourself Ducati Discoveries program in India and is partnering with Infinity Resorts for the same. What this means is that a Ducati owner in India will be able to make their own trips and travel plans with Ducati without…
Malaysian apparel brand LOL has launched an innovation platform called Cozmic Lab. The concept is a collaboration between LOL and Brother, an international printing and imaging technology brand. “Moving beyond the ready-to-wear apparels, Cozmic Lab offers…
Thai listed wholesaler Siam Makro, through its subsidiary Siam Food Services, has entered agreements to acquire four food service businesses in Asia and the United Arab Emirates, for over 3 billion baht ($86 million). The Thai cash and carry operator said, in…
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