Mr. D.I.Y. Holding Holds First Shareholder Meeting Following Stock Exchange Listing
Mr. D.I.Y. Holding held its first shareholder meeting since listing on Thailand's stock exchange in November 2024, approving a 0.261 baht per share dividend. The home improvement retailer operates 1,127 branches nationwide and expanded to a
Bangkok – May 5, 2025 – Mr. D.I.Y. Holding (Thailand) Public Company Limited (MRDIYT), a leading retailer of home decoration equipment and lifestyle products, has successfully held its annual shareholder meeting (AGM) for the fiscal year ending December 31, 2024.
The meeting was held on April 30, 2025, at True Digital Park in Bangkok, representing the company's first shareholder meeting following its listing on the Stock Exchange of Thailand (SET) on November 5, 2024. The company trades under the ticker symbol "MRDIYT," and its initial public offering (IPO) was recognized as the highest-valued offering in Thailand in 2024.
The meeting was chaired by Adrian Ong, Chairman of the Board, and attended by board members and senior executives, including Andy Chin Guan Kui, Chief Executive Officer.
Shareholders approved all agenda items, including the audited financial statements for the fiscal year ending December 31, 2024, and the allocation of annual net profit. Shareholders also approved an annual dividend payment of 0.261 baht per share, totaling approximately 1,507 million baht, or 57.27% of net profit. The company had previously paid an interim dividend of 0.201 baht per share (1,145.97 million baht), with a remaining dividend of 0.06 baht per share (361.03 million baht) to be paid as a final dividend.
During 2024, Mr. D.I.Y. Holding (Thailand) continued expanding, reaching a total of 1,127 branches nationwide, supported by ongoing infrastructure investments and operational capabilities. This growth reflects the company's commitment to making everyday essential products affordable and easily accessible to communities across Thailand, while maintaining disciplined operations.
As part of the regional Mr. D.I.Y. group, the company benefits from a strong brand and recognized business model, enabling continuous expansion while efficiently meeting domestic market demand.
Mr. D.I.Y. Holding (Thailand) remains focused on strengthening business fundamentals and building stable, sustainable long-term growth.
"Last year was another significant milestone for us with our listing on the Stock Exchange of Thailand," said Andy Chin Guan Kui, Chief Executive Officer. "In 2024, the company expanded branches across all 77 provinces nationwide, reflecting the strength of our scalable business model and enhanced ability to serve customers comprehensively throughout Thailand. As we continue growing, our vision remains clear: to deliver quality products at affordable prices and convenient access for customers, while building a stable, disciplined, and sustainably growing business. We are confident in the potential of the Mr. D.I.Y. brand and ready to leverage this strength to expand growth in Thailand."
The successful completion of this first shareholder meeting reflects the company's commitment to conducting business with integrity and transparency.