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

Aye Thuzar Hlaing

T:+95 1 255 208

E-mail

Associate
Yangon

Daraboth Kim

T:+855 23 964 210

E-mail

Associate
Phnom Penh

Passanan Suwannoi

T:+66 2056 5603

E-mail

Associate
Bangkok

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

David Duncan

T:+66 2056 5538

E-mail

Consultant
Bangkok

David Beckstead

T:+66 2056 5591

E-mail

Consultant
Bangkok
Datesort icon Title
July 1, 2014

Asian Legal Business: Tilleke & Gibbins Voted Employer of Choice 2014 in Thailand and Vietnam

Darani Vachanavuttivong, Tiziana Sucharitkul, Thomas J. Treutler

According to Asian Legal Business, Tilleke & Gibbins is one of Asia’s best law firms to work for, as the renowned legal publication has named our firm “Employer of Choice” in both...

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February 18, 2014

Tilleke & Gibbins Named Thailand Law Firm of the Year 2014 by Chambers Asia-Pacific

Tilleke & Gibbins has been named Thailand Law Firm of the Year 2014 by Chambers Asia-Pacific. The award was announced at Chambers Asia-Pacific’s annual Awards for Excellence...

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February 18, 2014

Chambers Asia-Pacific 2014 Honors Eleven Tilleke & Gibbins Lawyers

On February 18, 2014, Chambers Asia-Pacific released its annual rankings for law firms and individual lawyers. The rankings were determined through investigations carried out by over 140...

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November 19, 2013

Chambers Asia Pacific Awards 2014: Tilleke & Gibbins Shortlisted for Thailand Law Firm of the Year

Darani Vachanavuttivong, Tiziana Sucharitkul

Tilleke & Gibbins has been nominated by Chambers and Partners for the Thailand Law Firm of the Year award. Four other firms were shortlisted for the award, with the winner set to be announced...

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June 19, 2013

Asian Legal Business: Tilleke & Gibbins Voted Employer of Choice 2013 in Thailand and Vietnam

Darani Vachanavuttivong, Tiziana Sucharitkul

Tilleke & Gibbins is one of the best employers in the legal marketplace in Thailand and Vietnam, according to a recent survey of legal professionals across Asia. In its June 2013 cover story...

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Datesort icon Title
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

David Duncan

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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May 5, 2017

Lex Mundi Guide to Doing Business in Thailand 2017

As part of its membership in Lex Mundi, Tilleke & Gibbins has published an updated edition of its Guide to Doing Business in Thailand for 2017.This guide offers...

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