Thai arm of Malaysia's Mr D.I.Y. launches IPO to raise $173m

Retail chain operator plans to add 500 stores through 2027

20251024 Mr diy

Mr. D.I.Y. Holding (Thailand) earned record revenue in 2024 as its wide-variety, low-price strategy resonated with hard-hit consumers. (Mr. D.I.Y. Holding)

APORNRATH PHOONPHONGPHIPHAT

BANGKOK -- The Thai arm of the Malaysia-founded home improvement and lifestyle retailer Mr D.I.Y. Group has launched an initial public offering, aiming to raise 5.6 billion baht ($173 million), the largest IPO on the Stock Exchange of Thailand in three years.

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