MR DIY Group Bhd is cautiously optimistic about its prospects going forward, as there are still concerns about how household income will be impacted given the increase in the cost of living.

Capybara merchandise can be found in stores such as Mr DIY and Ninso. Items such as tumblers, keychains and plushies are selling like hotcakes. Be sure to grab one before they run out.

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.

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 ...