Chatri Trakulmanenate

Represented Thanachart Capital Public Company Limited and Thanachart Bank Public Company Limited on a business merger with TMB Bank Public Company Limited (TMB Bank) to become the 6th largest bank in Thailand. Advice included, due diligence on TMB Bank and subsidiary; group restructuring; all agreements; obtaining approval/consent/exemptions from Thai authorities; preparing corporate documents-disclosures; closing and post-closing work, with a transaction value of THB 168.30 billion (approximately USD 5.1 billion) – represents the Thai banking industry’s largest merger to date. This deal was awarded “M&A Deal of the Year” by the Stock Exchange of Thailand.

Represented the Government Savings Bank (GSB) in its joint venture with Bangkok Commercial Asset Management Plc. (BAM) to form ARI Asset Management Company (ARI-AMC), with an aim to manage 500k debt accounts worth THB 45 billion (approximately USD 1.4 billion), helping retail debtors and SMEs to improve their financial stability.  

Represented Canopus International Limited (Canopus), a Mauritian entity and Indorama Canopus Ventures Public Company Limited (IVL), Thailand's largest integrated polyester producer, and the world's second largest PET producer, in the issuance and sale by Canopus of USD 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 on Singapore Stock Exchange.

Represented King Power Maha Nakorn Company Limited, an entity within the King Power Group of Companies, in the acquisition of hotel business, observatory deck and residential units managed by The Ritz Carlton in the MahaNakhon Building, and the Cube Building and its retail business, from PACE Development Corporation Public Company Limited and its subsidiaries. The total transaction value was THB 118.9 billion (approximately USD 3.6 billion).

Represented Aurora Design Public Company Limited, a leading gold manufacturer and trader, in its THB 3.64 billion (approximately USD 110.30 million) initial public offering and listing of the shares on the Stock Exchange of Thailand (SET). This deal was awarded “Deal of the Year 2023” by the Stock Exchange of Thailand.

Represented Mizuho Asia Partners Pte. Ltd., KKP Securities Public Company Limited and others sophisticated investors in the acquisition of 100% shares in ISS Facility Services Company Limited, a company within ISS Group of Companies in Denmark, with a transaction value of approximately THB 3.5 billion (approximately USD 106 million).

Represented Super Energy Corporation Public Company Limited in its issuance of various tranches of debentures, including those issued under the Medium Term Note Program.

Represented Asia Aviation Public Company Limited, a 55% shareholder of Thai Air Asia Co., Ltd., a leading Thai low-cost airline, and Selling Shareholders on the initial public offering and offering of the existing shares in Thailand and listing of the shares on the Stock Exchange of Thailand, and on the international offering under Regulation S in the form of Non-Voting Depository Receipts (NVDR), with the total value of approximately THB 7.2 billion (approximately USD 218 million).

Represented Sri Trang Agro-Industry Public Company Limited in the THB 8.12 billion (approximately USD 246 million) public offering in Singapore and placement under Regulation S and a listing of the company's shares on the Singapore Exchange Securities Trading Limited (SGX-ST), which was the first case of a Thai company having a listing status on the Stock Exchange of Thailand before listing its shares on the SGX-ST.