MR.DIY Thailand

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 MR D.I.Y. Holding (Thailand) Public Company Limited (“MRDIYT” or the “Company” https://www.mrdiy.co.th/th/home), is one of the leading home improvement and lifestyle retailers in Thailand. The MRDIY concept originates from Malaysia in 2005 and expanded the MRDIY brand globally, with currently over 5,000 stores in 14 countries. The Company owns the MRDIY operations in Thailand and was established in 2016 with about 1,000 branch shops covering all regions of Thailand. The Company is offering a wide product range with about 16,000 Stock-Keeping Units (SKU) across six key categories (hardware, household and furnishing, electrical, stationery and sports, toys, and others).The company branch shops are located in either malls (about 737 branch shops) or standalone (about 290 branch shops) with the majority shop sizes of 400-800 sqm. The company has a distribution network consists of two central distribution centers (with eight and two warehouses, total usable area of about 44,000 sqm) and three cross docking hubs.  MRDIYT has a transportation fleet with around 90 delivery trucks for delivery services from distribution centers/hubs to each branch shop. The proposed investment is to invest up to US$25mn equivalent in THB for post initial public offering (IPO) shareholding. Primary proceeds will be used to fund new branches, distribution infrastructure including new distribution center development, working capital, and to repay debt (the “Project”).