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 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:

May 23, 2017

Who’s Who Legal Recognizes Tilleke & Gibbins with 2017 Country Award for Thailand

Tiziana Sucharitkul, Darani Vachanavuttivong

Tilleke & Gibbins has won the 2017 Who’s Who Legal Country Award for Thailand at a ceremony that took place at Plaisterers’ Hall in London on May 15. This is the second year that the Thailand...

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April 12, 2017

Tilleke & Gibbins Named ALB Employer of Choice 2017

For the fifth year in a row, Tilleke & Gibbins has been named “Employer of Choice” in Thailand in a survey conducted by Asian Legal Business.

The rankings were determined...

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April 12, 2017

ALB Southeast Asia Law Awards 2017: Tilleke & Gibbins Earns Nominations in Four Categories

Tilleke & Gibbins has been nominated for two national categories and two regional categories in the Asian Legal Business  Southeast Asia Law Awards 2017. This year’s winners will...

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February 1, 2017

Chambers Asia-Pacific Awards 2017: Tilleke & Gibbins Top Contender for Thailand Law Firm of the Year Award

Darani Vachanavuttivong, Tiziana Sucharitkul

Tilleke & Gibbins has been nominated for the Thailand Law Firm of the Year Award 2017 by Chambers Asia-Pacific. The firm has been nominated for the award six times since 2010, and was...

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Datesort icon Title
March 20, 2015

Catch Me If You Can: Cases of Stock Manipulation

Ratchakrit Roonpho, Thawat Damsa-ard

Last year, 23 people were alleged to have been involved in the manipulation of three separate stocks. The investigations and prosecutions in these cases are ongoing. In light of recent events,...

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March 9, 2015

Infrastructure Trusts: The New Face of Infrastructure Funds

Kobkit Thienpreecha, Napat Siri-armart

From the time the Royal Thai Armed Forces launched a coup d’état in May 2014 and Thailand’s reinstated military government embarked on an ambitious program to invigorate the country’s economy,...

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January 7, 2015

Lex Mundi Guide to Doing Business in Thailand 2015

Tilleke & Gibbins, in association with Lex Mundi, has published the latest edition of the Guide to Doing Business in Thailand. The guide provides a comprehensive overview of the legal...

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January 6, 2015

Securities and Banking Regulations in Thailand 2014 – Thomson Reuters Complinet

Santhapat Periera, Sawita Bosakaranut

This article provides an overview of the regulatory framework in Thailand for the banking and securities sectors. The following subjects are discussed in detail:

December 22, 2014

PLC Doing Business In … Multi-Jurisdictional Guide 2015 – Thailand Chapter

Darani Vachanavuttivong, Sriwan Puapondh, Kitti Thaisomboon, Michael Ramirez, Anake Rattanajitbanjong, Passanan Suwannoi, Kasma Visitkitjakarn, Penrurk Phetmani

Practical Law Company, in association with Lex Mundi, has published the latest edition of its Q&A guides to doing business worldwide. The Thailand chapter, authored by Tilleke & Gibbins...

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