Practice Areas

Our recent key transactions include

Canopus International Limited

Representing Canopus International Limited (Canopus) and Indorama Ventures Public Company Limited (IVL) in the issuance and sale by Canopus of US$ 200 million zero coupon secured exchangeable bonds, exchangeable into ordinary shares of IVL outside the U.S., in reliance on Regulation S under the U.S. Securities Act. The bonds were listed in Singapore Stock Exchange. Canopus is a Mauritius parent company of IVL, a Thai listed company who is a major global intermediate petrochemicals producer and one of the largest vertically integrated polyester value chain producers in the world. Morgan Stanley acted as the sole bookrunner – January 2018

Phatra Securities Public Company Limited

Representing Phatra Securities Public Company Limited in an overnight placement of 16,000,000 shares in Workpoint Entertainment Public Company Limited with a transaction value of THB 1,296 million and 100,000,000 shares in B.Grimm Power Public Company Limited with a transaction value of THB 2,500 million – September and November 2017

Amarin Printing and Publishing Public Company Limited

Representing Amarin Printing and Publishing Public Company Limited in its issuance of newly issued ordinary shares valued at THB 850 million (approximately USD 25 million) to Vadhanabhakdi Company Limited (which is owned by the Vadhanabhakdi Family, the owner of Thai Beverage Public Company Limited) as a private placement – March 2017

After You Public Company Limited

Representing After You Public Company Limited, one of the most popular dessert cafes in Thailand, in its THB 1.08 billion (approximately USD 31.3 million) initial public offering and listing of shares on the Market for Alternative Investment with Bualuang Securities Public Company Limited acting as the financial advisor and lead underwriter – December 2016

Thai Nippon Rubber Industry Public Company Limited

Representing Thai Nippon Rubber Industry Public Company Limited, one of the world’s leading condom manufacturers, in its THB 1.2 billion (approximately USD 35.3 million) initial public offering and listing of shares on the Stock Exchange of Thailand with Kasikorn Securities Public Company Limited acting as the financial advisor and lead underwriter – November 2016

Sahakol Equipment Public Company Limited

Representing Sahakol Equipment Public Company Limited in its THB 380,000,000 (approximately USD 11 million) initial public offering and listing of shares on the Stock Exchange of Thailand with Maybank Kim Eng Securities (Thailand) Public Company Limited and SCB Securities Company Limited acting as the financial advisors and joint-lead underwriters – October 2016

Master Ad Public Company Limited

Representing Master Ad Public Company Limited in its issuance of newly issued ordinary shares valued at THB 427 million (approximate USD 12.3 million) as a private placement – October 2016

Srivaddhanaprabha Family

Representing the Srivaddhanaprabha Family in making a mandatory tender offer for all securities in Asia Aviation Public Company Limited (AAV) (following the acquisition by Mr. Vichai of AAV’s existing shares), valued at THB 12.26 billion (approximately USD 360.6 million) – August 2016

Internet Thailand Public Company Limited

Representing Internet Thailand Public Company Limited in its issuance of newly issued ordinary shares valued at THB 750 million (approximately USD 21.7 million) as a rights offering, and its issuance of 262,520,799 newly issued ordinary shares to its employees under an employee stock offering plan (ESOP) – June 2016

Fancy Wood Industries Public Company Limited

Representing Fancy Wood Industries Public Company Limited in its issuance of newly issued ordinary shares valued at THB 313 million (approximately USD 9.2 million) as a private placement – April 2016

TPBI Public Company Limited

Representing TPBI Public Company Limited, a Thai leading packaging manufacturer and exporter of plastic products, in its THB 1.08 billion (approximately USD 31.3 million) initial public offering and listing of shares on the Stock Exchange of Thailand with TISCO Securities Company Limited acting as the financial advisor and lead underwriter – March 2016

Kingsmen C.M.T.I. Public Company Limited

Representing Kingsmen C.M.T.I. Public Company Limited, an exhibition management service provider in its THB 348 million (approximately USD 10.2 million) initial public offering and listing of shares on the Market for Alternative Investment with Thanachart Securities Public Company Limited acting as the financial advisor and lead underwriter – December 2015

Mr. Anuj Lohia

Representing Mr. Anuj Lohia, son of Mr. Aloke Lohia of Indorama Ventures Public Company Limited, and QAMA Investments Limited in making a mandatory tender offer for all of the securities in Thai Plaspac Public Company Limited (after the acquisition of the existing securities) valued at THB 696.43 (approximately USD 20.5 million) – November 2015

Ladprao General Hospital Public Company Limited

Representing Ladprao General Hospital Public Company Limited in its THB 1 billion (approximately USD 29.4 million) initial public offering and listing of shares on the Stock Exchange of Thailand with KGI Securities (Thailand) Public Company Limited acting as the financial advisor and lead underwriter – October 2015

Thai Industrial & Engineering Service Public Company Limited

Representing Thai Industrial & Engineering Service Public Company Limited in its issuance of newly issued ordinary shares valued at THB 3.2 billion (approximately USD 92.7 million) as a rights offering and a private placement, and its issuance of approximately 1.4 billion units of T-W3 warrants and approximately 3 billion units of T-W4 warrants to the share offerees – October 2015

Thai Reinsurance Public Company Limited

Representing Thai Reinsurance Public Company Limited in its issuance of newly issued ordinary shares valued at THB 700 million (approximately USD 20.2 million) as a rights offering and a private placement to its majority shareholders (deemed as a connected transaction), and application for a waiver from the requirement to make a mandatory tender offer (whitewash) to the Office of the Securities and Exchange Commission – September 2014

Indorama Ventures Public Company Limited

Representing Indorama Ventures Public Company Limited in its issuance of approximately 481,425,333 units of IVL-W1 warrants and 370,314,284 units of IVL-W2 as a rights offering – August 2014

VGI Global Media Public Company Limited

Representing VGI Global Media Public Company Limited in the issuance of 857,992,640 units of VGI-W1 warrants as a rights offering – July 2014

BJC Heavy Industries Public Company Limited

Representing BJC Heavy Industries Public Company Limited in its THB 2.4 billion (approximately USD 70.6 million) initial public offering and listing of shares on the Stock Exchange of Thailand - November 2013

Thaire Life Assurance Public Company Limited

Representing Thaire Life Assurance Public Company Limited in its THB 2.7 billion (approximately USD 78.2 million) initial public offering of shares in Thailand and listing of shares on the Stock Exchange of Thailand – October 2013