The Indonesian sister company of Mr DIY Group (M) Bhd. will list shares in Jakarta through an initial public offering that seeks to raise as much as 4.7 trillion rupiah ($297 million), in what ...

Mr DIY Group,—founded by Malaysian billionaire brothers Tan Yu Yeh and Yu Wei—is raising as much as $297 million from the listing of its Indonesian unit, Daya Intiguna Yasa.

KUALA LUMPUR (Aug 14): Mr DIY Group (M) Bhd’s (KL:MRDIY) earnings growth will likely get a boost from its investment in retail chain KKV, analysts said as they raised forecasts to include the ...