Banking and Finance

Featured Publication: Securities and Banking Regulations
Contacts
T: +66 2056 5559
T: +66 2056 5995
T: +84 28 3936 2061
T: +66 2056 5559

T: +66 2056 5995
T: +66 2056 5995

Tilleke & Gibbins helps clients achieve the goals of accessing and lending capital in Southeast Asia. Through long-term relationships with domestic and international businesses, financial institutions, investors, and governmental entities, we consistently deliver insight and results. 

We represent high-growth businesses seeking to generate capital by listing securities on regional stock exchanges and by securing financing. We collaborate with our commercial transactions and M&A team to help multinational corporations invest in Southeast Asia and regional companies invest abroad, by assisting with the financial aspects of foreign direct investment and mergers and acquisitions.

We represent major local and foreign banks, securities brokers and dealers, investment firms, and other financial institutions on licensing and establishment and ongoing regulatory compliance.  Our banking and finance specialists also advise on all types of financial instruments (including loans, securities, mutual funds, property funds, bonds, and derivatives), financial workouts and restructuring, and investment in regional assets and capital markets. We partner with experts in our tax group to deliver integrated legal advice. 

Read about some of our recent representative work below. Tilleke & Gibbins has:

  • Advised a consortium of financial institutions on telecommunications laws in connection with their bids to provide credit facilities (totaling THB 15.85 billion) to a major telecommunications operator for the expansion of a 3G mobile network and infrastructure.

  • Served as local counsel to a Chinese bank in a USD 60,000,000 loan transaction to finance a portion of an expressway project. We also advised the bank with respect to a USD 6,500,000 loan transaction to finance an automotive assembly company.

  • Facilitated client growth and increased capital for business operations by converting the client’s business from a private to a public company and listing its securities on the Market for Alternative Investment (MAI) stock exchange.

  • Selected from several candidate law firms to assist a reputable Thai manufacturer in the IPO process, including preparation, conversion to public company, SEC filing, and SET listing. Several years after the IPO, the company has greatly prospered such that the owner has become one of the ten richest persons in Thailand. We are proud to continue representing this client.

  • Secured a license for our client to operate as a dealer of derivatives and related securities with the Thai SEC and obtained other necessary licenses and permits for our client to operate in Thailand.

  • Advised a multinational financial institution on documents required from a Thai company as security for financing of over GBP 28,000,000 for a major construction project. We acted as Thai legal advisers when our client lent an initial GBP 23,500,000 in a refinancing of facilities. We provided legal opinions on the transaction from a Thai law perspective and, subsequently, on amendments and restatements of the facilities agreement.

  • Represented two major Japanese banks in preparing security documents for a syndicated loan financing valued at approximately USD 190 million.

  • Represented a private equity fund controlled by a subsidiary of one of Asia’s largest banking and finance groups. A Share Subscription and Investment Agreement, an Undertaking Agreement, and a Disclosure Letter were prepared for investment into a major rubber company in Thailand.

  • Represented a leading export finance institution in structuring a substantial and complex loan to a company in Vietnam and in registering the loan with the State Bank of Vietnam.

  • Assisted the leading investment banking firm in Vietnam with obtaining an investment license for a landmark project in central Vietnam. This development involves complex sub-units and various financing structures.

  • Advised a North American banking institution on a host of Vietnamese banking regulations regarding investment accounts, electronic banking, check clearing and international payment services, ACH transactions, foreign exchange services, and other issues.

  • Advised a coalition of European banks regarding Vietnamese law on secured aircraft finance and provided annual updates on changes to same.

Namesort icon Position Office

Aye Thuzar Hlaing

T:+95 1 255 208

E-mail

Associate
Yangon

Cynthia M. Pornavalai

T:+66 2056 5559

E-mail

Partner
Bangkok

Daraboth Kim

T:+855 23 964 210

E-mail

Associate
Phnom Penh

David Duncan

T:+66 2056 5538

E-mail

Consultant
Bangkok

David Beckstead

T:+66 2056 5591

E-mail

Consultant
Bangkok

Kobkit Thienpreecha

T:+66 2056 5534

E-mail

Partner
Bangkok

Passanan Suwannoi

T:+66 2056 5603

E-mail

Associate
Bangkok

Santhapat Periera

T:+66 2056 5995

E-mail

Partner
Bangkok
Vientiane
Yangon

Sophea Sin

T:+855 23 964 210

E-mail

Associate
Phnom Penh

Vinh Quoc Nguyen

T:+84 28 3936 2061

E-mail

Associate
Ho Chi Minh City
Date Title
February 25, 2011

Chambers Asia-Pacific 2011 Honors Seven Tilleke & Gibbins Attorneys

Cynthia M. Pornavalai, Darani Vachanavuttivong, Hassana Chira-aphakul, Sriwan Puapondh, Thawat Damsa-ard, Thomas J. Treutler

On February 25, 2011, Chambers Asia-Pacific released its rankings for law firms and individual lawyers.  Based on thousands of interviews conducted by a team of 50+ full-time...

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July 9, 2007

Popular Financing Option Should Not Be Confused with Leasing

Thawat Damsa-ard

This article focuses on hire-purchase contracts and residential property. The article includes comments from Tilleke & Gibbins partner Thawat Dams-ard.

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February 9, 2011

Tilleke & Gibbins Names New Partners

Alan Adcock, Nandana Indananda, Thomas J. Treutler

Tilleke & Gibbins, the largest independent law firm in Thailand, proudly announces the appointment of Alan Adcock, Nandana Indananda, and Thomas J. Treutler as Partners of the firm.

...

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September 24, 2010

Tilleke & Gibbins Adds Nguyen Quoc Vinh to Vietnam Team

Vinh Quoc Nguyen

The Vietnam team at Tilleke & Gibbins has recently been strengthened by the addition of Nguyen Quoc Vinh, a senior associate. Based in the firm’s Ho Chi Minh City office, Vinh’s practice...

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March 21, 2008

Success by the Book

Darani Vachanavuttivong, Tiziana Sucharitkul

This article provides an introduction to Tilleke & Gibbins based on the firm’s winning the prestigious International Law Office Client Choice Award 2007 for Thailand.

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Date Title
April 25, 2006

Yesteryear – Bangkok in 1956: What Was It Like When AMCHAM Thailand Was Founded?

David Lyman

In this text of a presentation for the 50th anniversary of the American Chamber of Commerce in Thailand, David Lyman reflects on the changes he has observed in Thailand in the 50 years since...

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February 27, 2007

Securitization Moves Up the Agenda

Siraprapha Rungpry

The closing earlier this year of two major U.S. securitization transactions involving sizable trademark royalty components may finally provide the impetus for the lagging IP securitization market...

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October 19, 2007

Doing Business in Vietnam

John King, Thomas J. Treutler

On the heels of its 2006 entry into the WTO, Vietnam’s economy continues to show high growth and is generally considered the second fastest growing economy in Asia behind China. This article...

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November 16, 2007

Opening of a Bank Account in Thailand by Non-Residents

Charunun Sathitsuksomboon, Santhapat Periera

Subject to the conditions prescribed by the Bank of Thailand, non-residents are generally allowed to open and maintain both Thai baht and foreign currency accounts with certain authorized agents...

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December 4, 2007

Corporate Governance under the Proposed Amendments to the Securities and Exchange Act of 1992

Chaiwat Keratisuthisathorn

“Corporate governance,” as defined by the Stock Exchange of Thailand (SET), is a system of processes by which a company is directed or controlled with the objective of protecting the rights and...

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