TTT+Partners acted as Thai issuer legal counsel to MR. D.I.Y. Holding (THAILAND) PCL, a leading regional home improvement retailer in Thailand, on its landmark initial public offering and listing on the Stock Exchange of Thailand.
MR. D.I.Y.’s IPO represented a significant cross-border capital markets transaction, raising up to THB 5.6 billion (USD 173 million), the largest by market capitalisation on the SET over the past three years. The transaction marked MR. D.I.Y.’s entry into the Thai capital markets. The offering attracted substantial investor interest and demonstrated strong confidence in MR. D.I.Y.’s regional growth strategy.
The company plans to utilise the IPO proceeds to support its nationwide expansion, including the addition of at least 500 new stores between 2025 and 2027, the development of a THB 4.5 billion automated warehouse, and the enhancement of its logistics and supply chain network to drive sustainable growth.
As Thai issuer legal counsel, TTT+Partners provided comprehensive legal advice on all aspects of the offering, including advising on compliance with the Stock Exchange of Thailand listing requirements, and the Securities and Exchange Commission regulations and liaising with the Stock Exchange of Thailand, the Securities and Exchange Commission and relevant regulatory authorities.
The TTT+P team was led by Veeranuch Thammavaranucupt and Arnut Pongprueksa, with support from James Lawden and Maythawi Boonyapinyo.
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