Firms To Watch: Corporate and M&A

Led by Melisa UremovicR & T Asia (Thailand) Limited’s corporate and M&A team is well-placed to leverage the firm's regional network to advise on cross-border transactions.

Corporate and M&A in Thailand

Allen & Overy (Thailand) Co, Ltd

Allen & Overy (Thailand) Co, Ltd’s leading corporate practice is led by Suparerk Auychai, who has demonstrable experience advising on M&As across various industries, including oil and gas, refining and petrochemicals, and e-commerce and technology. The team also counts on the expertise of Chris Burkett, whose practice covers inbound and outbound investment, to and from ASEAN, with a focus on emerging markets. The group works on both domestic and cross-border transactions, assisting clients on the full spectrum of deals, including public and private M&A, privatisations and complex joint ventures. Other key areas of expertise include advising investors on their investments in Thailand, including on all regulatory and competition law matters.

Responsables de la pratique:

Suparerk Auychai

Autres avocats clés:

Chris Burkett; Noparat Kaewsringarm

Principaux clients

Telenor South East Asia Investment Pte. Ltd.

United Overseas Bank Limited

Bank of Ayudhya

TMBThanachart Bank

Ant Financial Services Group

Bow Wave Capital Management LP

Advent International Corporation

Chubu Electric Power Thailand SPP B.V.

Thai Solar Energy Public Company Limited

Navis Asia VIII Management Co., Ltd./Glory Gourmet Co., Ltd.

Indorama Ventures

Nove Foods Ltd./NRF Consumer Ltd./NR Instant Produce

PT Indosat Tbk

Telenor ASA

PTT LNG Company Limited

Workpoint Entertainment

Boonrawd Brewery Company Limited

Principaux dossiers

  • Advising Telenor Group, the Norwegian state-owned telecoms company, on the USD8.6bn merger of Thailand’s Total Access Communication Public Company Limited and True Corporation Public Company Limited to create a new telecom-tech company in Thailand.
  • Advising United Overseas Bank on its SGD4.915bn acquisition of Citigroup (Citi)’s consumer banking business (including Citi’s unsecured and secured lending portfolios, credit cards, wealth management and retail deposit business) in Thailand, Indonesia, Malaysia and Vietnam.
  • Advised Bank of Ayudhya Public Company Limited on its acquisition of 99.1% of the shares of Capital Nomura Securities Public Company Limited (CNS) from Nomura Asia Investment (Singapore) Pte. Ltd., with intention to offer to purchase the remaining 0.9% of the shares of CNS from minority shareholders with total consideration of up to approximately USD155.3m.

Baker McKenzie LLP

Baker McKenzie LLP works domestically and internationally, regularly structuring and implementing public and private M&A transactions. The ‘reliable and professional’ team works across several industry sectors, advising clients on a broad range of matters, from joint ventures and partnership agreements to corporate restructurings. Co-head of the firm’s Japan Advisory Group Peerapan Tungsuwan has demonstrable experience advising on M&A in highly regulated industries, including healthcare and life sciences, while Sorachon Boonsong acts for clients on a range of high-end commercial transactions. Tungsuwan and Boonsong lead the team alongside Pornapa Luengwattanakit, Jakkarin Bantathong, Sivapong Viriyabusaya, Yuthana Sivaraks and Sumet Orsirivikorn, who is praised for his ‘vast M&A experience’.

Responsables de la pratique:

Pornapa Luengwattanakit; Jakkarin Bantathong; Peerapan Tungsuwan; Sorachon Boonsong; Sivapong Viriyabusaya; Yuthana Sivaraks; Sumet Orsirivikorn

Les références

‘Baker McKenzie is a well-known law firm with several offices around the world. They have connections with first-class local firms. They are very reliable and professional.’

‘Sumet Orsirivikorn has vast M&A experience. He provides consistency and responsiveness. In every deal, he provided good advice, not only legal advice, but also commercial.’

‘What I like about Baker McKenzie is that they are reliable, have top lawyers virtually in all areas with comprehensive services both domestically and internationally.’

Principaux clients

Grab Holdings Inc

Muang Thai Life Assurance Public Company Limited (MTL)

Country Group Development Public Company

Electricity Generating Public Company Limited

K.E. Group / REIT

Accretive Capital Real Estate Company Limited

PTT Oil and Retail Business Public Company Limited

Bhiraj Buri Co., Ltd.

Gulf Overseas Investment Trading Corporation

PTT Oil and Retail Business Public Company Limited (PTTOR)

ALLY Leasehold Real Estate Investment Trust

Kerry Express (Thailand) Public Company Limited

Energy Absolute Public Company Limited (EA)

Principaux dossiers

  • Advised PTT and its subsidiaries in relation to a joint venture project between PTT and an affiliated company of Foxconn Group.
  • Assisted Bridgetown 2 Holdings Limited with their investment in PropertyGuru, the first deal in Thailand involving investment by a special-purpose acquisition company (SPAC).
  • Assisted Clayton, Duilier & Rice on the acquisition of global mobility businesses from PwC.

Linklaters

Linklaters’ team is led by Wilailuk Okanurak, who has a strong track record advising on some of Thailand’s most high-value M&A transactions. Noted for its domestic and international capability, the practice’s expertise covers M&A, joint ventures, partnerships and foreign ownership structures. While the firm works across a range of sectors, including financial services, real estate and retail, recently, it has seen a surge in work involving the TMT sector. Other key members of the team include Sutthipong Koohasaneh, who focuses on public and private M&A, as well as takeovers and joint ventures, and counsel Sonya Kalnin, who is noted for her capability in cross-border transactions.

Responsables de la pratique:

Wilailuk Okanurak

Autres avocats clés:

Pichitpon Eammongkolchai; Sutthipong Koohasaneh; Sonya Kalnin; Wanwisar Nakarat

Principaux clients

Allianz

Ares SSG Capital Management

Asean Industrial Growth Fund Pte Ltd

Bayer

Bangkok Bank

Casino Guichard-Perrachon

Cerebos

Charoen Pokphand Food Public Company Limited

Charoen Pokphand Group

Dow Chemical

Emerging Markets Investment Fund 1A

Generali

Global Power Synergy Company Limited

Gulf Energy Development Public Company Limited

Gunkul Public Company Limited

Holcim Limited

ING Group

Jardines Group

Kasikornbank Public Company Limited

Krungsri Finnovate Co., Ltd.

Manulife

Maxim’s Caterers Limited

Minor International Public Company Limited

Morgan Stanley Private Equity

Muang Thai Life Public Company Limited

Osotspa Co., Ltd.

PTT Exploration and Production Public Company Limited

PTT Global Chemical Public Company Limited

RATCH Group Public Company Limited

The Siam Commercial Bank Public Company Limited

SC Capital Partners Group

Siam Makro Public

SCB 10X Co., Ltd.

Siam City Cement Public Company Limited

Standard Chartered Bank

Suntory

Thaioil Public Company Limited

TE Asia Healthcare Partners

The Bank of Tokyo-Mitsubishi UFJ Ltd

TPG Capital (S) Pte Ltd

True Corporation Public Company Limited

True Vision Group

Principaux dossiers

  • Advising True Corporation Public Company Limited (True) on its US$24bn proposed amalgamation with Total Access Communication Public Company Limited (dtac) to create a new company in accordance with the Public Limited Companies Act.
  • Acted for Siam Makro Public Company (Makro) on its group restructuring by way of entire business transfer.
  • Advised Citi on the sale of its five consumer banking businesses in Southeast Asia.

Weerawong, Chinnavat & Partners

Weerawong, Chinnavat & Partners’ practice is jointly led by Vipavee Kaosala and Sunyaluck Chaikajornwat, who acts for major corporations, domestic banks, real estate companies and foreign investors on domestic and cross-border transactions throughout Southeast Asia. The team advises on international trade matters, acquisition financings and regulatory issues, and has demonstrable experience across the real estate, oil and gas, and medical and healthcare sectors. Weerawong Chittmittrapap is noted for his experience in M&A, corporate governance mandates and restructurings, while Veeranuch Thammavaranucupt handles domestic and cross-border telecoms transactions.

Responsables de la pratique:

Sunyaluck Chaikajornwat; Vipavee Kaosala

Autres avocats clés:

Weerawong Chittmittrapap; Veeranuch Thammavaranucupt

Principaux clients

SCB Securities Co., Ltd.

BAFS Clean Energy Corporation Company Limited

Midea Group

GRP1 and Global Power Synergy Public Company Limited

Altervim Company Limited

The Siam Commercial Bank Public Company Limited

WeMedia Shopping Network Technology Co., Limited

Royal Bangkok Healthcare Company Limited and TOP Ventures Company Limited

Henkel AG & Co. KGaA

Cardinal Health

Chandler MHM Limited

Arkrapol Pichedvanichok leads the team at Chandler MHM Limited and has experience advising on joint ventures, M&A transactions and foreign investments in Thailand. The practice works across several industry sectors, including manufacturing, IT and logistics, and energy and natural resources. It stands out for its capability in handling cross-border deals, acting for domestic and international clients, including major Japanese corporates. Other key contacts in the team include M&A expert Wongsakrit Khajangson and Nuanporn Wechsuwanarux, who provides ‘excellent support’ to clients in M&As, joint ventures and corporate restructurings.

Responsables de la pratique:

Arkrapol Pichedvanichok

Autres avocats clés:

Wongsakrit Khajangson; Nuanporn Wechsuwanarux; Seiji Akimoto

Les références

‘Chandler MHM Limited is able to quickly understand the issue at hand, leading to faster resolution of the matter.’

‘Nuanporn Wechsuwanarux has been our key contact. She has a good understanding of our firm and has provided excellent support, being able to meet the timeline for urgent matters.’

‘Expert advice combined with local experience.’

Principaux clients

Shiseido Company Limited

Thai Oil Public Company Limited

Principaux dossiers

  • Advising Thai Oil Public Company Limited (TOP) on the restructuring of its shareholding in its power business, comprimising of the disposal of all 8.91% of shares directly held by TOP GPSC to PTT and the acceptance of the entire business transfer from TP.
  • Advising the seller, Shiseido Company Limited, on the sale of its Thai subsidiaries.

Hunton Andrews Kurth LLP

Praised for its ‘excellent local knowledge’, Hunton Andrews Kurth LLP’s practice is led by Stephen John Bennett, who focuses on high-end M&As, and capital markets expert Yaowarote Klinboon. With demonstrable capability advising on domestic and cross-border acquisitions and divestitures, the team works across various industry sectors, including traditional and renewable energy, telecoms, media and technology and chemicals and petrochemicals. It has also seen growth in transactions concerning digital platforms.

Responsables de la pratique:

Stephen John Bennett; Yaowarote Klinboon

Les références

‘Excellent local knowledge, with a good understanding of international practices and the needs of multinational clients.’

Principaux clients

China Mobile International Holdings Limited

Tencent Holdings Limited

China Literature Limited

International Finance Corporation

JPMorgan

Electricity Generating Public Company Limited

Global Power Synergy Public Company Limited

ENEOS Corporation

Banpu Public Company Limited

JERA Company Inc (a joint venture vehicle between Tokyo Gas and Chubu)

Marubeni Corporation

Dana Corporation

Ares SSG

Tate & Lyle plc

Suez Environmental Services

Mega Lifesciences Public Company Limited

Aqua Corporation Public Company Limited

THCG Group Company Limited

Nation Multimedia Public Company Limited

United Power of Asia Public Company Limited

Principaux dossiers

  • Represented China Mobile International Holdings Limited, Tencent Holdings Limited and its subsidiary, China Literature Limited, in the exchange of their shares in Ookbee U.
  • Advised ENEOS Corporation, as purchaser, in its JPY115bn acquisition of JSR Corporation in respect of the target’s three companies in Thailand.
  • Advised JPMorgan Securities (Thailand) Limited on the issue and USD425m sale of derivative warrants linked to foreign single stocks and foreign indices.

Siam Premier International Law Office Limited

Clients get ‘the best of both worlds’ with Siam Premier International Law Office Limited, who combine ‘international expertise with unique local market knowledge’ when advising on corporate restructurings, foreign direct investments and private and public M&As. The practice is collectively led by Chatchavej ChitvarakornLinda Osathaworanan, Saithip Mansri, Torsakul Cunvong and Kanokon Worachanyawong. Chitvarakorn handles all aspects of foreign investment in Thailand, in addition to M&A transactions, while Osathaworanan advises on corporate finance matters.

Responsables de la pratique:

Linda Osathaworanan; Chatchavej Chitvarakorn; Saithip Mansri; Torsakul Cunvong; Kanokon Worachanyawong

Autres avocats clés:

Maythawee Sarathai

Les références

‘The best of both worlds, combining international expertise with unique local market knowledge. They have the ability to work across worlds fluently and efficiently.’

Principaux clients

S.F. Holding Co., Ltd.

PTT Global Chemical Public Company Limited

Nippon Steel Corporation

Cortina Holdings Limited

Azelis S.A.

Nefab Group AB

Minor International Public Company Limited

A.M.A. Logistics Co., Ltd

Inter Pharma Public Company Limited

Major Cineplex Group Public Company Limited

A.P. Moller – Maersk A/S

Boon Rawd Trading Co.; Ltd.

Principaux dossiers

  • Acting as a Thai local counsel for and advising S.F. Holding Co., Ltd. on its pre-conditional voluntary partial offer to acquire 931,209,117 shares in Kerry Logistics Network Limited
  • Acting for PTT Global Chemical Public Company Limited on their acquisition of 100% of shares in Allnex Holding GmbH.
  • Acting for Nippon Steel Corporation (NSC) in connection with its proposed acquisition of 100% of shares in each Asia Credit Opportunities (Mauritius) Limited and Link Capital I (Mauritius) Limited from Kendrick Global Limited.

Thanathip & Partners Legal Counsellors Limited

The ‘strong and dedicated team’ at Thanathip & Partners Legal Counsellors Limited is jointly led by founding partner Thanathip Pichedvanichok, who has experience advising on public and private M&As, privatisations and joint ventures, and managing partner Chawaluck Sivayathorn Araneta, who handles foreign direct investments. With demonstrable expertise across the fintech, media, telecoms and entertainment, securities and retail sectors, the team often collaborates with private equity firms, investment banks and international law firms in structuring M&A transactions and public takeovers.

Responsables de la pratique:

Thanathip Pichedvanichok; Chawaluck Sivayathorn Araneta

Autres avocats clés:

Kornjan Tangkrisanakajorn; Nat Boonjunwetvat

Les références

‘I am impressed by the services provided by Thanathip & Partners’ team. They are very responsive and capable of managing complex transactions with a strong understanding of commercial interests. The firm is reliable and has a strong and dedicated team in the corporate and M&A practice.’

‘Thanathip Pichedvanichok provided optimal solutions with prompt responses, which reflected his long-term experience in this space.’

Principaux clients

Central Pattana (CPN)

Kasikornbank

Eastern Power Group

RS

Betagro

Clover Power

Humanica

PharmCare Group

Principal Capital (PRINC)

Bitkub

Navis Capital Partners

Food Selection & Food Culture

Principaux dossiers

  • Advised Central Pattana in connection with an acquisition by its subsidiary of a majority interest of shares in Siam Futures.
  • Advised Bitkub in its strategic partnership with SCBX Group.
  • Advised Eastern Power Group in the disposition of two of its power plants to Univentures and B.Grimm, following its internal restructuring

Tilleke & Gibbins

Charunun Sathitsuksomboon, who is praised as ‘well-versed in M&A transactions’, jointly leads the team at Tilleke & Gibbins alongside Kobkit Thienpreecha, who advises on asset acquisitions and joint ventures. Counting domestic and international companies among its key roster of clients, the practice handles a broad range of corporate and commercial matters across the automotive, energy, insurance, life sciences, financial services and technology sectors. Cynthia M. Pornavalai, who advises on cross-border commercial transactions, is another key contact in the team.

Responsables de la pratique:

Charunun Sathitsuksomboon; Kobkit Thienpreech

Autres avocats clés:

Cynthia M. Pornavalai; Prisna Sungwanna

Les références

‘They have a very strong team.’

‘Charunun Sathitsuksomboon is an outstanding person, who knows the insurance industry very well and is well-versed in M&A transactions.’

‘Sufficient expertise, reasonable fee estimates and billing, solid and credible communication.’

Principaux clients

Arxada AG (Bain Capital and Cinven)

Bridgestone Sports Co., Ltd.

CTBC Bank

DSV Panalpina A/S

Francisco Partners

Friedman Corporation

International Business Machines Corporation (IBM)

Merck & Co., Inc.

REA Group

Volvo

Principaux dossiers

  • Advised Volvo Group on the Thai elements of its global strategic alliance with Isuzu Motors in respect of commercial vehicles, which included Isuzu Motor’s JPY243 billion acquisition of Volvo Group’s UD Trucks.
  • Advised Francisco Partners on the Thai elements of its USD 1.45 billion public acquisition of CDK Global Inc.
  • Retained by Bain Capital and Cinven, which together own Arxada AG, to assist on the Thai elements of its global merger with Troy Corp., which included the acquisition of Troy Siam Co., Ltd.

Blumenthal Richter & Sumet Ltd.

Blumenthal Richter & Sumet Ltd.’s workload includes M&A transactions and corporate structuring, in addition to providing comprehensive due diligence. The team is jointly led by Andreas Richter, who advises on market entry strategies, corporate governance and regulatory matters, and Siripen Kulworakulpitak, who handles foreign investments and commercial transactions in Thailand. The practice has a strong focus in the automotive, chemicals and energy sectors.

Responsables de la pratique:

Andreas Richter; Siripen Kulworakulpitak

DLA Piper

Samata Masagee leads the team at DLA Piper and focuses on public and private M&As, often involving a cross-border element. Noted for its capability in handling disposals, joint ventures and corporate restructuring, the practice has seen a growth in the number of deals arising out of the energy sector. Masagee is supported by senior associate Parama Saovabha, and associates Kanokkorn Viriyasutum, Krittiya Wuddhihiranpreeda and Nutnaree Watthanorom.

Responsables de la pratique:

Samata Masagee

Autres avocats clés:

Parama Saovabha; Kanokkorn Viriyasutum; Krittiya Wuddhihiranpreeda; Nutnaree Watthanorom

Principaux clients

John Swire & Sons (H.K.) Limited

RATCH Group Public Company Limited

SCB 10X Co., Ltd.

Morgan Stanley (Thailand) Limited

JWD InfoLogistics Public Company Limited

BBGI Public Company Limited

Electrocomponents plc

BCPG Public Company Limited

Levi Strauss & Co.

Lone Star Funds

Allianz Ayudhya General Insurance Plc

JKN Global Media PLC

Aetna Global Benefits (U.K.) Ltd

Global Power Synergy Public Company Limited (GPSC)

Thai Oil Public Company Limited

PTT Public Company Limited

Fircroft Engineering Services Limited

Frasers Property (Thailand) Public Company Limited

Golden Land Property Development Public Company Limited

Real Asset Development Co., Ltd.

Wipro Limited

Zain Holdings Limited

Principaux dossiers

  • Advising RATCH Group Public Company Limited on its acquisition of a 51% stake in Sahacogen (Chonburi) Public Company Limited by way of a private placement of newly issued shares, a sale of shares from the existing major shareholders – Saha Group and a subsequent mandatory tender offer.
  • Acting for Aetna on the divestment of its non-life insurance business in Thailand.
  • Representing Morgan Stanley (Thailand) Limited in its investment in 15% stake in The Monk Studios Co., Ltd.

Kennedys

The Kennedys’s corporate and M&A team is led by Ian Johnston. It also counts on the expertise of special counsel Tassanu Chutikanon, who is an expert in the areas of tax, M&As and restructuring. The team acts for clients, including international reinsurers, self-insured corporates and brokers, across various industry sectors. It can leverage its international network to assist on cross-border and large-scale transactions; particularly, the Thailand team often collaborates with the firm’s offices in the UK, the US, Hong Kong, Thailand and Australia. Supreedee Nimitkul retired in May 2022.

Responsables de la pratique:

Ian Johnston

Autres avocats clés:

Tassanu Chutikanon; James Rix

Principaux clients

Foundation of the Church of Jesus Christ of Latter-day Saints

Recycle Engineering Co., Ltd.

Premier Tank Corporation PCL

Manit Group

SJT Pico Co., Ltd.

Vudhichai Holding Co., Ltd

Vitya Holding Co., Ltd.

Dutch Contact Centers LLC

Zuellig Pharma Limited

Principaux dossiers

  • Advising Premier Tank Corporation PCL on an IPO, including pre-IPO share restructuring and M&A transactions.
  • Advising Phillips Securities (Thailand) Limited on a proposed acquisition of 99.1% shareholding interest in another securities company in Thailand, as well as advising on share purchase agreement, transaction documents and post-acquisition restructuring.
  • Advising Zuellig Pharma Ltd in the importation and supply of anti-COVID-19 vaccines during the pandemic to various Thai Government purchasers.

SCL Nishimura & Asahi Ltd

Counting Japanese, Thai and international investors, as well as investment banks and financial institutions, among its key roster of clients, SCL Nishimura & Asahi Ltd handles a broad range of M&A transactions, joint ventures, foreign direct investments and general corporate matters. Jirapong Sriwat, who has experience advising on project investments, renewable energy mandates and fund raising issues, leads the team alongside Nuttaros Tangprasitti and Apinya Sarntikasem. Key areas of expertise span the manufacturing, logistics, finance and pharmaceutical sectors. Nilobon Tangprasit retired in December 2021.

Responsables de la pratique:

Jirapong Sriwat; Nuttaros Tangprasitti; Apinya Sarntikasem

Principaux clients

KashCo Holdings Co., Ltd.

Advantage Partners Inc. in collaboration with Tokyo Century Corporation

AirAsia Aviation Ltd.

Asia Aviation Public Co., Ltd.

Millennium Group Corporation (Asia) Co. Ltd.

Premier Advisory Partners

Time Array Capital Ltd.

Abex Hydraulics & Engineering Co., Ltd.

Grand Brands Co., Ltd./Somboon Pavavongsak

Principaux dossiers

  • Advised Advantage Partners and Tokyo Century Corporation on their acquisition of the battery business of Showa Denko Materials Co., Ltd.
  • Advised AirAsia (Malaysia), i.e. AirAsia Aviation Limited, on its acquisition, via private placement, of around 40% of the new shares in AAV with a whitewash waiver of mandatory tender offer for all of the shares in AAV.
  • Advised Millennium Group on a new joint venture with Siam Commercial Bank PCL (“SCB”) called Alpha X.

The Capital Law Office Limited

Praised for its ‘extensive experience in M&A’, The Capital Law Office Limited advises on acquisitions and disposals, joint ventures and corporate restructuring. The team is collectively led by Chatri TrakulmanenateParadorn Leosakul, Pakdee Paknara, Thanasak Chanyapoon, Haruethai Boonklomjit and Karnpitcha Kongkiattiwong. Trakulmanenate advises on domestic and cross-border M&As, with a particular focus on financial institutions, while Leosakul handles corporate and commercial transactions. The practice has demonstrable experience across the banking, financial services, IT, manufacturing and energy sectors.

Responsables de la pratique:

Chatri Trakulmanenate; Paradorn Leosakul; Pakdee Paknara; Patraporn Milindasuta; Thanasak Chanyapoon; Haruethai Boonklomjit; Karnpitcha Kongkiattiwong

Les références

‘The team has a good understanding of and extensive experience in M&A.’

‘Patraporn Milindasuta does not only provide legal advice, she also acts as a business partner for her clients.’

Principaux clients

The Siam Commercial Bank Public Company Limited

Multi-Color Corporation

Scan Inter Public Company Limited

Bangkok Ranch Public Company Limited

Bualuang Ventures Limited

Krungsri Finnovate Company Limited

VGI Public Company Limited

Thai Plaspac Public Company Limited

TMB Thanachart Bank Public Company Limited

The Siam Commercial Bank Public Company Limited

Multi-Color Corporation

Scan Inter Public Company Limited

Bangkok Ranch Public Company Limited

Bualuang Ventures Limited

Axis Consultants (Thailand) Limited

In addition to Axis Consultants (Thailand) Limited’s capability in domestic and cross-border M&A, the team assists corporate clients with regulatory compliance matters. Practice leader Peter Burke advises on a range of corporate and commercial mandates, as well as M&A transactions, while Iain Melville focuses on corporate restructuring matters. Senior associate Swangchit Tricharoenwiwat, who handles regulatory compliance work, is another key member of the team.

Responsables de la pratique:

Peter Burke

Autres avocats clés:

Iain Melville; Swangchit Tricharoenwiwat

DFDL Legal & Tax

DFDL Legal & Tax is well-placed to advise clients on the regulatory and tax-related aspects of M&A transactions, with demonstrable experience across the aviation, energy and technology sectors. Noted for her expertise in cross-border energy and infrastructure projects, Audray Souche advises on foreign investment structuring and private equity transactions, while Guillaume Massin acts for clients in the agriculture, retail and construction sectors. Souche and Massin lead the practice alongside Vinay Ahuja, Nipaporn Supha-Utchaichan, Kraisorn Rueangkul and Walanchathas Sanguanwong. Rashane Leerabandhu recently left the firm.

Responsables de la pratique:

Audray Souche; Guillaume Massin; Vinay Ahuja; Nipaporn Supha-Utchaichan; Kraisorn Rueangkul; Walanchathas Sanguanwong

Principaux clients

B.Grimm Power Public Company Limited

Medical City (the Philippines/Guam)

Anamaya Company Limited

Principaux dossiers

  • Advising B.Grimm in relation to the acquisition of a 48MW wind power project in Huong Tan Commuune, Huong Hoa District, through a Vietnam company holding 100% of the equity interest in SPV for the project.
  • Advising Divestiture of Medical City (The Philippines/Guam) regarding international structuring of sale and repatriation of funds to the Philippines with onward distribution advisory.
  • Advising a Thai developer with respect to its proposed expansion of the Anamaya project to include both a residential portion and a hotel portion.

Kudun & Partners

Praised for its ‘collaboration, commercial mindset and can-do attitude’, Kudun & Partners represents both buyers and sellers across the financial services, manufacturing and TMT sectors in M&A transactions and joint ventures. Founding partner Kudun Sukhumananda, who advises on the acquisition and disposal of equity interest in listed companies, jointly leads the practice alongside Kom Vachiravarakarn, who handles M&A transactions and public takeovers. Thanyaluck Thongrompo joined the team from PKF Thailand in March 2022.

Responsables de la pratique:

Kudun Sukhumananda; Kom Vachiravarakarn

Autres avocats clés:

Thanyaluck Thongrompo; Ekachai Chotpitayasunon

Les références

‘Very helpful. They provided commercial-oriented solutions and are active listeners. High quality and value for money.’

‘Ekachai Chotpitayasunon helped in one of our deals. He is a very smart lawyer and thinks outside of the box. Very commercial and detail-oriented, friendly and approachable.’

‘I find the individuals I work with speak a business language.’

Principaux clients

STARK Corporation Public Company Limited

B.Grimm Power Public Company Limited

Ichitan Group Public Company Limited

Advanced Info Service Public Company Limited

Erawan Group Public Company Limited

DRJL Group

Apollo Global Management, Inc.

AssetWise Public Company Limited

IRPC Public Company Limited

Penn Color, Inc.

Principaux dossiers

  • Represented Advanced Info Service Public Company Limited (AIS) on the joint venture with Siam Commercial Bank Public Company Limited.
  • Represented B.Grimm Power Public Company Limited on the cross-border acquisition of 49.9% shares in Kopos Co., Ltd., a Korean company operating wind and solar photovoltaic energy projects in South Korea.
  • Represented Ichitan Group Public Company Limited with respect to the acquisition of 6,667 newly issued ordinary shares of Predictive Co., Ltd. for approximately THB122.6m.

LawPlus Ltd.

Led by founding partner Kowit Somwaiya, the practice at LawPlus Ltd. handles a range of corporate and commercial transactions across the automotive, manufacturing and technology sectors. The team counts on the expertise of Paul Westover, who focuses on domestic and cross-border M&As, joint ventures and corporate restructurings, and Naddaporn Suwanvajukkasikij.

Responsables de la pratique:

Kowit Somwaiya

Autres avocats clés:

Naddaporn Suwanvajukkasikij; Paul Westover

Silk Legal

Noted for its expertise across the fintech, food and beverage, cannabis, manufacturing and hospitality sectors, Silk Legal acts for local and international clients on M&A transactions, corporate governance and regulatory matters. Insolvency specialist Jason Corbett leads the team and has experience advising on corporate restructurings, acquisitions and commercial transactions.

Responsables de la pratique:

Jason Corbett

Principaux clients

EQIBank Limited

One Thumb Mobile Ltd.

Monaker Ltd.

Xpdite Ventures Co., Ltd.

Virtual Realms Co., Ltd.

Thai Bauer Co., Ltd.

RCS Asia Co., Ltd.

BRP Bizzozero & Partners SA

Paragon Digital Lifestyle Co., Ltd.

BlueZilla Venture Capital Limited

Principaux dossiers

  • Acted as lead outside counsel for the development of EQIBank global digital bank service for offshore and high-net-worth accounts.
  • Assisted Monaker, with the acquisition of a Thai company, which included asset disposal, foreign BOI applications, and other corporate and entity issues they faced.

SRPP Ltd.

SRPP Ltd.’s workload includes corporate divestitures and company spin-offs, as well as mergers, takeovers and joint ventures. Praised as ‘remarkable’, practice leader Panuwat Chalongkuamdee advises on M&As and corporate restructurings, while Rittichai Ngodngam acts for energy-sector clients on acquisitions. Somboon Kitiyansub and senior associate Natira Siripun are also key members of the team.

Responsables de la pratique:

Panuwat Chalongkuamdee

Autres avocats clés:

Rittichai Ngodngam; Somboon Kitiyansub; Natira Siripun

Les références

‘Panuwat Chalongkuamdee is one of the best lawyers that I have ever worked with. His knowledge and professional skills are remarkable and will often drive and deliver an outstanding outcome to our project.’

Principaux clients

PTTOR Public Company Limited

Bhiraj Buri Group

PTT Public Company Limited

DRJL Group companies

Univenture Capital One Company Limited

BCPG Public Company Limited

Eastern Cogeneration Company Limited

30SecondsToFly Inc.

BAFS Clean Energy Corporation Company Limited

WP Energy Public Company Limited

Resonance Fund

Resonance Industrial Water Infrastructure Fund

Principaux dossiers

  • Advised PTT Public Company Limited (“PTT”) which has joined with Global Power Synergy Plc (“GPSC”) in establishment of a joint venture company “Nuovo Plus” to invest in the Battery Value Chain to support the electric vehicle industry.
  • Advised the owner and the ultimate shareholder(s) of DRJL Group companies as a lead counsel to seek investment from offshore investor(s) to invest in DRJL Group companies by way of capital injection in a newly established company namely DRJL Group Ltd.
  • Advised BAFS Clean Energy Corporation Company Limited in relation to the investment in 13 MW COD solar plants at Nanao Power Plant, Ishikawa and Nogata Power Plant, Fukuoka in Japan under the GK-TK structure by acquiring 99.99% of the shares in PDI Energy Company Limited from Padaeng Industry Public Company Limited .

Watson Farley & Williams (Thailand) Limited

Counting M&As and joint ventures in its workload, Watson Farley & Williams (Thailand) Limited is well-placed to collaborate with the firm’s Hanoi, Hong Kong and Singapore offices to advise on cross-border transactions. Practice leader Christopher Osborne and Piyanuj (Lui) Ratprasatporn handle compliance matters in relation to clients’ corporate and commercial operations in Thailand, in addition to foreign direct investments. The team, which has experience across the energy, real estate, TMT and transport sectors, also counts on the expertise of senior associate Kasma Visitkitjakarn.

Responsables de la pratique:

Christopher Osborne

Autres avocats clés:

Piyanuj (Lui) Ratprasatporn; Kasma Visitkitjakarn

Principaux clients

Guardforce AI

Mycronic AB

Oxford University

Pin An Medicare Management Co., (Hong Kong) Limited

Rifeng Enterprise Group Co., Ltd

RR Donnelley

Strabag

Thunder Oilfield Services

Principaux dossiers

  • Advised Thunder Oilfield Services on its proposed company restructuring.
  • Advised Guardforce AI on its NASDQ underwritten public offering and up-listing.
  • Acted for the University of Oxford in the construction of a medical facility in Tak province, Thailand.

KPMG Law Thailand

KPMG Law Thailand’s workload includes share and asset acquisitions, joint ventures and due diligence matters, in addition foreign direct investments. Threenuch Bunruangthaworn, who assists domestic and multinational clients on matters involving foreign investment in Thailand, leads the ‘accommodating’ team alongside Archaree Suppakrucha, who advises on corporate and commercial transactions.

Responsables de la pratique:

Threenuch Bunruangthaworn; Archaree Suppakrucha

Les références

‘We worked with the ZICO Thailand team on a project, and were very happy to feel extremely supported, and to have a knowledgeable team. The team was always accommodating and met our deadlines.’

Principaux clients

Chaodee Starch (2004)

Telekom Malaysia Berhad

CTOS Holdings

Cleantech Solar

Alipay

Alibaba Cloud

Mastercard

CIMB Bank Berhad

Foxconn

Principaux dossiers

  • Assisting Carsome in conducting legal due diligence on targeted companies in car rental business and provide assistance in acquiring the targeted companies.
  • Assisting Solar United Network Pte. Ltd., in the acquisition of shares in Blue Solar Farm 3 Company Limited, including conducting legal due diligence, negotiating, reviewing and revising terms and conditions of the several agreements.
  • Advising Foxconn on a joint venture of an electric vehicle factory with the Thai energy group PTT in Thailand.