Corporate and Commercial

We have significant experience in work relating to Mergers & Acquisitions, Corporate Finance, Private Equity, Commercial Transactions, Business Structures and Joint Ventures, Real Estate and Employment. Our lawyers have been integral to many of the key deals in Thailand, including advising on the following representative transactions:

Mergers & Acquisitions

  • GE Capital – advising GE Capital on its acquisition of 25% of Bank of Ayudhya Pcl;
  • AIG Consumer Finance Group (Thailand) – advising AIG on its sale of AIG Retail Bank Pcl. and AIG Card (Thailand) Co., Ltd. to Bank of Ayudhya;
  • Shincorp – advising the Shinawatra family on the disposal of its interests in Shin Corporation pcl to Temasek Holdings;
  • ACAP Advisory Pcl. and Orix Corporation – advising ACAP on the Baht 990 million acquisition of Capital OK Co., Ltd.;
  • Ayudhya Insurance Public Company Limited – advising AIP on the sale of shares to Mitsui Sumitomo Insurance Co. Ltd.;
  • Barclays Bank plc – advising Barclays Bank on the acquisition of DBS Thai Danu Securities Co. Ltd from DBS Bank;
  • Lazard – advising Lazard on the proposed tender offer for a controlling stake in a listed shipping company in Thailand;
  • PTT – advising PTT on its acquisition of the JET Service Stations from Conoco Phillips;

Capital Markets

  • TMB – advising TMB on its USD 1 billion recapitalisation programme;
  • SCB Asset Management Company Limited – advising SCBAM on its role as the fund manager of the Land and Houses property fund listed on the Stock Exchange of Thailand;
  • KTAM – advising Krung Thai Asset Management on the proposed listing of a Thai property fund on the Stock Exchange of Thailand;

Regulatory Advice and Funds

  • Marsh – advising Marsh Singapore and Hong Kong in respect of all aspects of the legislative and regulatory insurance regime applicable to its Thai business operations; programme;
  • ING Funds (Thailand) Co., Ltd. – advising ING on all aspects of its fund management business and operations;
  • Manulife (Thailand) – advising Manulife on shareholding structures and other regulatory and compliance issues;
  • ING Asset Management (Hong Kong) – advising ING on sovereign immunity issues in connection with the Bank of Thailand;
  • Asia Plus Securities Pcl – advising Asia Plus on trading activities and other regulatory issues;
  • First American Title Insurance – advising First American Title Insurance Company on regulatory, tax and other issues in connection with insurance business in Thailand;
  • Ton Poh Thailand Fund and TP Thailand Opportunity Fund – advising on the establishment of the TP Thailand Opportunity Fund and advising both funds on all matters regulatory and commercial relating to their business and operations;

Other corporate and commercial

  • TMB Macquarie Securities (Thailand) Limited – advising TMB Macquarie in respect of the restructuring of and investment in Akara Mining Limited;
  • ING Funds (Thailand) Co., Ltd. – advising ING in respect of referral of product arrangements with ING Life, HSBC and Citibank;
  • Sinphum Co., Ltd. – advising Sinphum in respect of its investment in Akara Mining Limited, a gold mining company located in Thailand and in respect of joint venture agreements and arrangements with Kingsgate Consolidated;

Real Estate

  • Anchan Capital – advising Anchan on all aspects of an integrated hotel and residential development in Koh Samui;
  • Phuket Prime Properties – advising PPP on various aspects of its Baan Yamu project in Phuket;
  • Aman Puri – advising a purchaser of all legal and contractual aspects of a development in Phuket;
  • Banyan Estates and Golf Course Hua Hin – advising the founding shareholder in respect of all matters relating to the Banyan Estates and Gold Course Hua Hin;

Employment Law

  • Manulife Insurance (Thailand) Pcl. – advising on the labour case of unfair dismissal claim from a former employee;
  • Teledata Thailand Co., Ltd. – advising Teledata on the dismissal of a number of senior management employees;
  • Rockwell Automotive (Thailand) – advising Rockwell on the various employment issues relating to the re-negotiation of terms and conditions of employment and lay-offs of staff;
  • Harlyn International Co. Ltd. – advising Harlyn on the dismissal of a number of senior employees and on the terms and conditions of employment of new senior employees;
  • Guardian Industries Corp – advising Guardian on the grant of LTIP and other incentive schemes to its Thai employees;
  • Morning Star Inc., – advising Morning Star on the grant of its share awards plan to its Thai employees;