Latham Advises MR. D.I.Y. Thailand on Its US$173 Million IPO

Latham & Watkins has advised MR. D.I.Y. Holding (Thailand) Public Company Limited (MR. D.I.Y. Thailand), Thailand’s leading home improvement and lifestyle retailer, on its US$173 million initial public offering (IPO) on the Stock Exchange of Thailand (SET).

The transaction represents Thailand’s largest IPO in 2025 to-date, and is the largest listing by market capitalization of US$1.6 billion on the SET in the last three years. Additionally, it was also the first Thai IPO in three years that had a 144A offering.

The Latham team was led by Singapore corporate partner Sharon Lau and Hong Kong partner Posit Laohaphan, with Singapore counsel Jeremy Wang, and associates Jay Watanatornpitak and Kay Howe Lee.