The home improvement retailer Mr. DIY from the Sultanate of Brunei is planning a major expansion.
The company already has more than 750 stores across six of the ten member states of the Association of Southeast Asian Nations (Asean): Malaysia, Thailand, Brunei, Indonesia, Philippines, and Singapore.
It plans to have 1,000 outlets by 2020, with the expansion focused on Thailand, Indonesia and the Philippines, according to reports in the financial press.
“Our vision is to become the largest home improvement retailer in Asia Pacific and also to create more value to our consumers by providing good quality products, value for money, and holding true to our company motto, ‘always low prices’,” Andy Chin, Mr. DIY head of marketing, said in an October 2018 video interview posted on Youtube. The expansion is apparently in relation to a possible stock market launch of the company.
Read more at: www.diyinternational.com