Southeast Asian IPOs show tentative revival as issuers brave markets

By Anshuman Daga, Liz Lee and Scott Murdoch SINGAPORE/KUALA LUMPUR/HONG KONG (Reuters) - A handful of companies from the technology and consumer durables sectors are aiming to launch IPOs in Southeast Asia later this year, pointing to an upturn after pandemic-hit markets and weak economic growth slashed fundraising.

In Malaysia, home improvement retailer Mr DIY has re-started the process for its up to $500 million initial public offering (IPO), boosted by a business recovery, sources familiar with the deal said. The company declined.....

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