Baker McKenzie LLP is noted for its ‘deep expertise in advising financial institutions on capital market transactions'. Notably, the group has extensive expertise in the issue of sale of equity through IPOs, private placements, rights issues, and hybrid offerings. The group is jointly led by Komkrit Kietduriyakul, who leads on the firm’s debt capital markets, derivatives, and structured finance work; Viroj Piyawattanametha, who is reputed in the debit capital markets space; Theppachol Kosol, whose expertise lies in equity capital markets, infrastructure funds, securities, and listing regulations; Primyadar Duangrat, who is a key contact for capital markets, securities, and IPO transactions; and Benja Supannakul, whose practice focuses on derivatives, structured finance, and debt capital markets. Kowit Adireksombat and Pukkapol Khuntamanee are also both key contributors to the practice.
Capital markets in Thailand
Baker McKenzie LLP
Responsables de la pratique:
Komkrit Kietduriyakul; Viroj Piyawattanametha; Theppachol Kosol; Dr. Primyadar Duangrat; Benja Supannakul
Autres avocats clés:
Kowit Adireksombat, Pukkapol Khuntamanee
Les références
‘The Baker team has deep expertise in advising financial institutions on capital market transactions. As such, they know key issues and provided us with excellent advice.’
‘The collaboration within the Baker network is very helpful as it allowed us access to further insights from subject matter experts in the region.’
‘We worked closely with Kowit Adireksombat on the capital market transaction. Since this was the first transaction of its kind for companies in our industry from Southeast Asia, Khun Kowit proved to be very knowledgeable in the matter and very helpful in advising us on important issues both on legal and commercial consideration standpoints.’
Principaux clients
China International Capital Corporation Hong Kong Securities Limited
Merrill Lynch (Asia Pacific) Limited
Morgan Stanley Asia Limited
Thai Credit Bank Public Company Limited
OCA Investment Holdings Pte. Ltd.
Bualuang Securities Public Company Limited
Kiatnakin Phatra Securities Public Company Limited
Morgan Stanley & Co International PLC
Raimon Land Public Company Limited
Proud Real Estate Public Company Limited
United Overseas Bank (Thai) Public Company Limited
KASIKORNBANK Public Company Limited
Toyota Leasing (Thailand) Co Ltd.
Muang Thai Life Assurance Public Company Limited
Electricity Generating Public Company Limited
The Siam Commercial Bank Public Company Limited
TMBThanachart Bank Public Company LimitedExxon
Mobil Asia Holdings Pte. Ltd
Khotkool Co., Ltd
Principaux dossiers
- Advised ExxonMobil Asia Holdings Pte. Ltd. on the divestment of its total stake in Esso (Thailand) Public Company Limited.
- Acted as local counsel for a group of joint sponsors, which included China International Capital Corporation Hong Kong Securities Limited, Merrill Lynch (Asia Pacific) Limited, and Morgan Stanley Asia Limited, in the successful IPO and listing of J&T Global Express Limited on the Hong Kong Stock Exchange
- Advised Thai Credit Bank Public Company Limited, as the issuer’s Thai law counsel and OCA Investment Holdings I Pte. Ltd., as the selling shareholder’s Thai law counsel, for the offering of ordinary shares in TCB.
Linklaters
Linklaters enjoys a strong reputation in the equity-linked international market and frequently facilitates transactions, such as convertible bonds and exchangeable bonds issued by Thai-listed companies. Pornpan Chayasuntorn is responsible for leading the practice and specialises in both capital and debt market work, notably equity-linked transactions with combined elements of domestic and international offerings, as well as public M&A and takeovers. Wilailuk Okanurak is a key member of the group and is well-versed in IPOs, rights offerings, placements of shares, and sales of shareholdings. Paveen Khiewvichit is also a name to note for his extensive knowledge on exchange and securities related regulations.
Responsables de la pratique:
Pornpan Chayasuntorn
Autres avocats clés:
Paveen Khiewvichit; Wilailuk Okanurak
Les références
‘We have consistently entrusted Linklaters Thailand with our most critical capital markets transactions.’
‘Their team’s comprehensive knowledge of the legal and regulatory landscape, coupled with their keen understanding of market nuances, has been instrumental in our success. Linklaters’ ability to anticipate market trends and stay ahead of evolving regulatory expectations has been invaluable.’
‘Their proactive approach and strategic insights have enabled us to make informed decisions and achieve our business objectives. Linklaters Thailand’s unwavering commitment to client service is evident in their responsiveness, attention to detail, and genuine dedication to our success.’
Principaux clients
Bangkok Bank Plc.
Bank of America Merrill Lynch
BSS Holdings Company Limited
Bualuang Securities Company Limited
Charoen Pokphand Foods Plc.
Charoen Pokphand Group Company Limited
CPF Global Food Solution Public Company Limited
C.P. Merchandising Company Limited
Credit Suisse
Bank of Ayudhya Public Company Limited
Gulf Energy Development Plc.
JP Morgan
Krungthai Securities
Merrill Lynch Far East Limited
Minor International Plc.
Morgan Stanley Asia Limited
Ngern Tid Lor Plc.
Osotspa Plc.
Kiatnakin Phatra Securities Plc.
The Siam Commercial Bank Plc.
SCB Asset Management
SCB Securities Co Ltd
Ares SSG Capital Management (Hong Kong) Limited
Standard Chartered Bank Plc.
True Corporation Plc.
The Hongkong and Shanghai Banking Corporation Limited
UBS
Asian Development Bank
International Finance Corporation
Saha Pathana Inter-Holding PCL
Industrial and Commercial Bank Of China
Better Way (Thailand) Co. Ltd.
Principaux dossiers
Siam Premier International Law Office Limited
Siam Premier International Law Office Limited counts fund managers, investment banks, issuers, underwriters, investors, financial institutions, and multinational corporations among its client roster. Sitting at practice head level is Kulkanist Khamsirivatchara, who specialises in stock exchange regulations and securities; Linda Osathaworanan, who is extremely knowledgeable of regulatory compliance for IPOs; Maythawee Sarathai, who boasts extensive experience in foreign investment; Tassanu Chutikanon, who has substantial industry subject-matter knowledge; and Saithip Mansri.
Responsables de la pratique:
Kulkanist Khamsirivatchara; Linda Osathaworanan; Maythawee Sarathai; Tassanu Chutikanon; Saithip Mansri
Principaux clients
Sripanwa Hospitality Real Estate Investment Trust
Krungthai Card PCL
Krungthai Car Rent and Lease Public Company Limited
Charn Issara Development Public Company Limited
Knight Club Capital Asset Management Public Company Limited
AP (Thailand) Public Company Limited
Principaux dossiers
Tilleke & Gibbins
Tilleke & Gibbins represents domestic and multinational corporations and financial services firms with debt and equity securities, depositary receipts, derivatives, funds, forex, notes, swaps, as well as digital assets. Yaowarote Klinboon is responsible for leading the practice and excels in securities offerings, as well as international and domestic offering of equity and debt instruments. Kobkit Thienpreecha is also a key name for investment management funds, financial institutions, and cryptocurrency exchanges. Karinevidch Olivero has extensive capital markets and securities knowledge, especially within the media, retail, and real estate development spaces.
Responsables de la pratique:
Yaowarote Klinboon
Autres avocats clés:
Kobkit Thienpreecha, Karinevidch Olivero
Principaux clients
AKS Corporation PCL
Aqua Corporation PCL
Asphere Innovations PCL
Beryl 8 Plus PCL
C.I. Group PCL
Liberator Securities Co., Ltd.
Nation Group (Thailand) PCL
SEI Medical PCL
T.K.S. Technologies PCL
Window Asia PCL
Principaux dossiers
Weerawong, Chinnavat & Partners
Issuers, underwriters, placement agents, security holders, investors and corporate trustees praise Weerawong, Chinnavat & Partners for its ‘unique blend of traditional legal acumen and innovative strategies‘. Jointly heading the practice is Wittaya Kaewkungsadan, Trinuch Chuenchomlada and Pratumporn Somboonpoonpol. Chuenchomlada has extensive experience advising issuers and underwriters on equity and debt instruments, notably IPOs. Jongtip Tangsripairoje is also a key name to highlight for her substantial knowledge of debt market offerings.
Responsables de la pratique:
Wittaya Kaewkungsadan; Trinuch Chuenchomlada; Pratumporn Somboonpoonpol
Autres avocats clés:
Jongtip Tangsripairoje
Les références
‘Weerawong C&P stands out for its comprehensive approach to residential development law, combining deep industry expertise with a client-centric focus.’
‘What sets it apart is the team’s ability to navigate complex regulatory environments while providing tailored solutions that align with clients’ specific needs and goals.’
‘The firm’s unique blend of traditional legal acumen and innovative strategies ensures that clients receive not only legal advice but also practical, actionable insights that drive their projects forward.’
Principaux clients
aCommerce Group PLC
Jasmine International PLC
CPN Retail Growth Leasehold Property Fund
Asset World PCL
True Properties
Origin Property PCL
Britania PCL
Ananda Development PLC
Sammakorn PCL
BTS Group Holdings PCL
Kerry Express PCL
Bangkok Airways PCL
Asia Aviation PCL
J&T Express Thailand
Big C Retail Corporation Public Company Limited
SCG Cement-Building Materials Company Limited
DXN Holdings Bhd.
OISHI Group Public Company Limited
Sri Trang Gloves (Thailand) Public Company Limited
Toa Paint (Thailand) Public Company Limited
Deestone Corporation PLC; Thai Beverage PCL
BeerCo Limited
Siam Commercial Bank
Credit Suisse
Macquarie Bank
Bangkok Bank
Krungthai Asset Management
Citigroup Global Markets Limited, The Hongkong and Shanghai Banking Corporation Limited, ING Bank N.V., Singapore Branch
PTT PLC, PTT Exploration and Production PLC
Sermsang Power
TPI Polene Power PLC
PTTOR PLC
Thai Oil PLC
Principaux dossiers
Hunton Andrews Kurth LLP
Bond offerings, derivatives, share swaps, and IPOs form part of the offering of the capital markets practice at Hunton Andrews Kurth LLP. Stephen John Bennett is responsible for leading the practice and specialises in M&A transactions, and the issue and sale of derivative warrants. Somruetai Noppornprom is also an active member of the practice and stands out for her telecoms expertise.
Responsables de la pratique:
Stephen John Bennett
Autres avocats clés:
Somruetai Noppornprom
Principaux clients
International Finance Corporation
JP Morgan Securities (Thailand) Limited
Blackstone Inc.
Ares Management Corporation
Banpu Next Company Limited
Blackstone Tactical Opportunities Advisors L.L.C
Tencent Holdings Limited
Tencent Music Entertainment
Deutsche Bank AG
Deutsche Investitions- und Entwicklungsgesellschaft mbH
Kasikornbank Public Company Limited
Principaux dossiers
- Advising International Financial Corporation as sole subscriber to Bank of Ayudhya Public Company Limited amalgamated blue/green bond in Thailand.
- Acting as counsel to JPMorgan Securities (Thailand) Limited, as issuer, in respect of its issue of derivative warrants for listing on the Stock Exchange of Thailand pursuant to its derivative warrants programme.
- Advised Tencent and Tencent Music on their acquisition of 10% of GMM Music Public Company Limited.
Kudun & Partners
Kudun & Partners handles the full spectrum of capital market transactions, including IPOs, securitisation, debt offerings, hedge funds, and stock offerings. Kudun Sukhumananda and Kom Vachiravarakarn are both jointly responsibly for leading the group. Sukhumananda specialises in IPOs, debt securities offering, and stock exchange listings, while Vachiravarakarn is a key name for takeovers and debt offerings.
Responsables de la pratique:
Kudun Sukhumananda; Kom Vachiravarakarn
Les références
‘KUDUN and partners team is the best. It has many experienced partners which can brain storm to solve client problems.’
‘The team has kind and friendly lawyers which makes a difference It is like they see clients as their friends an family, which makes us feel comfortable when working with them.’
‘If you have KUDUN team at your back, they make you feel better and make it easier for you.’
Principaux clients
Jade TM One Co., Ltd.
Miss Grand International Public Company Limited
Sino-Thai Engineering and Construction Public Company Limited
Sirisoft Public Company Limited
Bluebik Group Public Company Limited
B. Grimm Power Public Company Limited
One To One Contacts Public Company Limited
Turnkey Communication Services Public Company Limited
SKY ICT Public Company Limited
Thanulux Public Company Limited
Scan Inter Public Company Limited
Principaux dossiers
- Representing Sino-Thai Engineering and Construction Public Company Limited in a substantial restructuring initiative encompassing 14 subsidiaries and associated private and public listed companies.
- Representing SKY ICT PLC in the offering to existing shareholders proportionate to their respective shareholding (Rights Offering) and offering to specific persons by way of private placement.
- Assisted Miss Grand International Public Company Limited with their IPO project, seeking to offer 60 million shares to investors within Thailand.
The Capital Law Office Limited
Issuances of equity, equity-linked products, debt instruments, derivatives, and cross-border transactions are areas of focus for The Capital Law Office Limited. Jointly leading the practice is Patraporn Milindasuta, who specialises in securities offerings; Chatri Trakulmanenate, who is active in IPOs and issuances of bonds; and Paradorn Leosakul, whose expertise lies in domestic and international equity offerings.
Responsables de la pratique:
Patraporn Milindasuta; Chatri Trakulmanenate; Paradorn Leosakul
Principaux clients
Jaspal Public Company Limited
NAT Absolute Technologies Public Company Limited
P.S.P. Specialties Public Company Limited
SCG Décor PUBLIC COMPANY LIMITED
Asia Network International Public Company Limited
Finansia X Public Company Limited
Finansia Syrus Securities Public Company Limited
Boonthavorn Retail Corporation Public Company Limited
Super Energy Corporation Public Company Limited
Principaux dossiers
- Advised Asia Network International Company Limited, together with KKP Securities acting as the financial advisor, on its spin-off from Triple I Network Company Limited and its IPO and listing of its shares on the SET.
- Advised Finansia X Public Company Limited and Finansia Syrus Securities Public Company Limited on shareholding and management restructuring.
- Advised P.S.P. Specialties Public Company Limited on its Initial Public Offering and listing of its shares on the Stock Exchange of Thailand.