MR DIY brothers debut on Forbes richest list 07 Apr 2021 / 23:55 H.
PETALING JAYA: This year’s Forbes world’s billionaire list saw the addition of MR DIY Group’s Tan Brothers, Westports Holdings Bhd’s Tan Sri G Gnanalingam and Greatech Technology Bhd co-founder and CEO Tan Eng Kee.
Brothers Tan Yu Yeh and Tan Yu Wei of MR DIY Group Bhd have an estimated net worth of US$1.8 billion (RM7.4 billion) and US$1.1 billion.
Malaysia’s largest home improvement retailer MR DIY (
pix) made its debut on the Main Market of Bursa Malaysia Securities in October last year. The initial public offering (IPO) was the largest on Bursa Malaysia since 2017 with a market capitalisation of RM10 billion. The IPO raised RM1.5 billion from both institutional and retail investors.