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.

Name Position Office

Cynthia M. Pornavalai

T:+66 2056 5559

E-mail

Partner
Bangkok

Kobkit Thienpreecha

T:+66 2056 5534

E-mail

Partner
Bangkok

Santhapat Periera

T:+66 2056 5995

E-mail

Partner
Bangkok
Vientiane
Yangon

Vinh Quoc Nguyen

T:+84 28 3936 2061

E-mail

Partner
Ho Chi Minh City

Aye Thuzar Hlaing

T:+95 1 255 208

E-mail

Associate
Yangon

Passanan Suwannoi

T:+66 2056 5603

E-mail

Associate
Bangkok

Sophea Sin

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

Timothy Wales

T:+95 1 255 208

E-mail

Consultant
Yangon
Bangkok
Datesort icon Title
February 16, 2016

Piyanuj (Lui) Ratprasatporn to Discuss Startups and Venture Capitalism at ASBIRO Event

Piyanuj (Lui) Ratprasatporn

Piyanuj (Lui) Ratprasatporn, partner and director of Tilleke & Gibbins’ corporate and commercial department, will participate as a panelist at “Polish Business Seminar: Discover Business in...

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February 10, 2016

Fifteen Tilleke & Gibbins Lawyers Ranked in Chambers Asia-Pacific 2016

Fifteen Tilleke & Gibbins lawyers and consultants have been recognized for their outstanding legal knowledge and experience, ability, effectiveness, and client service in the latest ...

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January 26, 2016

Chambers Asia-Pacific Awards 2016: Tilleke & Gibbins Nominated as Thailand Law Firm of the Year

Tilleke & Gibbins has been nominated to win the highly coveted Thailand Law Firm of the Year Award 2016 by Chambers Asia-Pacific. The winner of this year’s award will be announced at...

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November 18, 2015

Asialaw Profiles 2016: Tilleke & Gibbins Receives Top Rankings in Four Countries

Asialaw Profiles, a guide to the Asia-Pacific’s leading domestic and regional law firms, has released its annual rankings, and Tilleke & Gibbins has received top rankings in Thailand...

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October 14, 2015

IFLR 1000 Financial and Corporate 2016: Piyanuj (Lui) Ratprasatporn and Michael K. Lee Recognized as Leading Lawyers

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The IFLR 1000 2016  rankings of the world’s leading financial and corporate lawyers have been released. Placing our practitioners at the pinnacle of the legal market, the rankings...

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December 25, 2017

Marketing Private Funds and Discretionary Account Services: Asia and Beyond (Eleventh Edition) – Thailand Chapter

David Duncan

David Duncan, a consultant in Tilleke & Gibbins’ corporate and commercial group, has contributed the Thailand chapter in the eleventh edition of Marketing Private Funds and Discretionary...

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September 27, 2017

Thailand: New Payment Systems Act

Nutavit Sirikan

Thailand is in the process of reforming laws related to payment systems and services, as well as consolidating several overlapping laws that regulate electronic money businesses, with the National...

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September 1, 2017

Thailand – New BOT Notifications on Personal Loan Business by Financial and Non-Financial Institutions Effective on September 1, 2017

Sawita Bosakaranut

The Bank of Thailand (BOT)’s Notifications on Rules, Procedures, and Conditions Governing Personal Loan Business by Financial Institutions (Sor Nor Sor 14/2560) and Non-Financial Institutions (Sor...

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August 31, 2017

Thailand Legal Basics

Thailand Legal Basics, a valuable primer for foreign investors, explores all aspects of living and doing business in Thailand. Written by Tilleke & Gibbins, the book begins with an...

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July 26, 2017

Marketing Private Funds and Discretionary Account Services: Asia and Beyond (Tenth Edition) – Thailand Chapter

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David Duncan, a consultant in Tilleke & Gibbins’ corporate and commercial group, recently contributed the Thailand chapter of Marketing Private Funds and Discretionary Account Services...

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