15
Oct 2025
‘MRDIYT’ appoints underwriters and announces a preliminary IPO price range of 8.30 - 8.60 Baht per share
Mr. Adrian Ong (the 4th from the left), Chairman; Mr. Andy Chin Guangui (the 3rd from the left), Chief Executive Officer of MR. D.I.Y. Holding (Thailand) Public Company Limited, or MRDIYT, together with Mr. Pichet Sithi-Amnuai (the 2nd from the left), President of Bualuang Securities Public Company Limited (financial advisor and lead underwriter), and Mr. Konthee Prasertwongse (the 3rd from the right), Senior Executive Vice President, Head of Investment Banking of CIMB Thai Bank PCL (financial advisor and stock distributor) attended the signing ceremony of the agreement to appoint Bualuang Securities Public Company Limited and CGS International (Thailand) Securities Company Limited as lead underwriters. In addition, two more distributors and underwriters were appointed, namely Kasikorn Securities Public Company Limited and Maybank Kim Eng Securities (Thailand) Public Company Limited.
MRDIYT will offer up to 655,000,000 shares to the public for the first time (IPO) at a preliminary offering price range of 8.30-8.60 Baht per share. The subscription period for retail investors is scheduled for October 20–22, 2025.
Mr. Adrian Ong, Chairman of the Board of Directors of MR. D.I.Y. Holding (Thailand) Public Company Limited, commented that the agreement marks a major milestone for the company. “The new capital raised strengthens our capital structure as well as provides a sound foundation to facilitate our next phase of growth, as we continue to scale our store network nationwide and invest in our infrastructure to better serve Thai consumers” he said in a statement.
Mr. Andy Chin Guangui, Chief Executive Officer of MR. D.I.Y. Holding (Thailand) Public Company Limited, stated that the signing of the underwriting agreement reaffirms the support of domestic banks for MR. D.I.Y.'s listing in Thailand, as well as their confidence in the company's plans to grow the MR. D.I.Y. store network by at least 50% within the next 3 years.