MR.DIY Thailand (IFC-51880)

Countries
  • Thailand
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Oct 23, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
MR. D.I.Y. Holding (Thailand) Public Company Limited
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 25.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Dec 29, 2025

Disclosed by Bank Nov 7, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the proposed IFC investment is an equity investment of up to THB 810 million (approximately US$25.0 million equivalent) as an anchor investor in the Initial Public Offering (“IPO”) of MR D.I.Y. Holding (Thailand) Public Company Limited (“MRDIYT”). The Company will be listed on the Stock Exchange of Thailand (“SET”).

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

This is a Category B Project according to IFC’s Policy on Environmental and Social Sustainability (2012), as the proposed project is expected to have limited adverse E&S risks and/or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures, as described in the following sections.

Key E&S risk and issues associated with this project include: corporate and facility level E&S management systems (ESMS) in compliance with legal requirements, IFC Performance Standards (PS) and WBG EHS Guidelines; ii) HR policies and practices; iii) assurance of fair and safe labor and working conditions covering logistics facility and transportation operations; iv) life and fire safety (L&FS) and emergency response procedures; v) energy efficiency and waste management; vi) supply chain management and vii) stakeholder engagement and grievances redress.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

The proposed IFC investment is an equity investment of up to THB 810 million (approximately US$25.0 million equivalent) as an anchor investor in the IPO of MRDIYT. The Company will use primary proceeds from the IPO to (among others) support its store network expansion and increase its warehouse and distribution capacity.

IFC's Investment as Approved by the Board: Equity 25.0 million (USD)

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

MR D.I.Y. Holding (Thailand) Public Company Limited (MRDIYT) is part of a collective network of entities that carry on retail operations under the brand name of “MR. D.I.Y.” in Thailand, Malaysia, Brunei, Singapore, Indonesia, the Philippines, Cambodia, India, Vietnam, Spain, Turkey, Bangladesh, Poland and South Africa as at June 30, 2025 (the “MR. D.I.Y. International Network”). Except for MRDIYT, the controlling interest in the MR. D.I.Y. International Network is held by Tan Yu Yeh and Tan Yu Wei (“TYY and TYW”) and related entities.

Following the IPO, the Company’s largest shareholders are expected to be (i) TYY and TYW; (ii) Ms. Titanan Sun and Mr. Jhomphong Tomongkhon; and (iii) MR. D.I.Y. Co., Ltd , an entity controlled by TYY, TYW, Ms. Titanan Sun and Mr. Jhomphong Tomongkhon.

MRDIYT opened its first store in 2016 and has since grown to become a leading home improvement and lifestyle retailer in Thailand. The Company offers mass-market consumers convenient access to a wide variety of essential household items at affordable prices. As of June 30, 2025, the Company operated 1,027 “MR. D.I.Y.” stores in all 77 provinces across all regions in Thailand. The Company is targeting to open more than 600 new stores from 2025-2027, with the majority to be located in rural and underserved regions of Thailand. 

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - MR D.I.Y. Holding (Thailand) Public Company Limited Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

MR D.I.Y. Holding (Thailand) Public Company Limited
Suparee Jayapoom (Aum)
Head of Investor Relations
+66 2 316 0004-13 (Ext.222)
suparee.j@mrdiy.com
777 WHA Tower, 12th Floor, Moo 13 Debaratna Road (Bangna-Trat) KM.7 Bang Kaeo, Bang Phil, Samut Prakan 10540
https://www.mrdiy.co.th/th/home

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

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How it works