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
October 18, 2017

IFLR 1000 2018 Recognizes Tilleke & Gibbins’ Corporate and Financial Lawyers across Southeast Asia

John King, Santhapat Periera, Piyanuj (Lui) Ratprasatporn

Tilleke & Gibbins attorneys from across Southeast Asia have been recognized as Leading Lawyers by the IFLR 1000 2018, a guide to the world’s top financial and corporate law firms and...

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October 10, 2017

Euromoney Asia Women in Business Law Awards 2017: Tilleke & Gibbins Nominated in Five Categories

Linh Thi Mai Nguyen

Tilleke & Gibbins has been nominated for awards in five categories in Euromoney Legal Media Group’s Asia Women in Business Law Awards 2017. The awards celebrate the advancement of women in the...

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October 2, 2017

Asialaw Awards 2017: Tilleke & Gibbins Nominated for Eight Regional Awards

Asialaw has released the shortlist of nominated firms for its first-ever Asialaw Awards, to be held on November 28 in Hong Kong. In the regional categories, which span 24 Asia-Pacific...

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October 2, 2017

Tilleke & Gibbins Shortlisted in Four Countries at Asialaw Awards

Tilleke & Gibbins has been recognized as a top firm in four Southeast Asian jurisdictions, landing on the shortlist for the following categories at the upcoming Asialaw Awards:

July 31, 2017

Tilleke & Gibbins Nominated for Three TrustLaw Pro Bono Awards

In recognition of Tilleke & Gibbins’ pro bono practice, our firm has been nominated for the following awards at the 2017 TrustLaw Awards:

Datesort icon Title
September 19, 2016

Regulation of Domestic Debit Card Transactions in Thailand

David Duncan

Back in 2012, Thailand’s Electronic Transactions Commission issued regulations that mandated domestic processing of domestic debit card transactions with debit cards issued in Thailand. It granted...

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September 2, 2016

Regulation of Unit-Linked Life Insurance in Thailand

Kitti Thaisomboon

Many people are approached by “investment consultants” selling various investment products and/or life insurance. One of the products they commonly offer is life insurance that is written to pay a...

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August 26, 2016

New e-Payment Service Regulations for SFIs: A Boon for Customer Confidence?

Nutavit Sirikan

In today’s digital economy, financial technology (FinTech) is a major economic driving force. FinTech has transformed the private sector, resulting in a drastic shift in the way customers use...

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August 23, 2016

Thailand: New Regulations for Financial Institutions on Accepting Deposits and Receiving Money from the Public

Cynthia M. Pornavalai, Nutavit Sirikan

The Thai government recently promulgated new regulations for financial institutions on accepting deposits or receiving money from the public. The regulations aim to enhance the security and...

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April 29, 2016

Impact of the Asian Infrastructure Investment Bank’s Operational Policies

David Beckstead

Thailand’s current infrastructure needs are well known to policymakers. The development of urban and inter-city rail links, telecommunication networks, and renewable energy projects are some of...

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