In today’s briefing:
- Mr DIY Indonesia IPO Lockup: US$2.1bn Lockup Release; Creador Likely to Begin Monetization
Mr DIY Indonesia IPO Lockup: US$2.1bn Lockup Release; Creador Likely to Begin Monetization
- PT Daya Intiguna Yasa Tbk (Mr DIY Indonesia) (MDIY IJ) raised US$296m from its Indonesia IPO in Dec 2024. The lockup on its pre-IPO investors is set to expire soon.
- It 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 talk about the lockup dynamics and possible placement.
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