Parithat is highly experienced in M&A, capital market and joint ventures transactions. He regularly acts for both purchasers and targets in public and private acquisitions in Thailand and internationally. Parithat also represents various issuers and underwriters in securities offerings in Thailand. Before joining the firm, he was a corporate lawyer at a leading international firm based in the UK. Asian Legal Business 2020 ranks Parithat as one of the Top 40 Under 40 Legal Professionals.

Recent Accolades

Recommended – M&A (Legal 500)

Recommended – Projects & Energy (Legal 500)

Up and Coming – Corporate/M&A (Chambers Asia-Pacific)

Rising Star – Thailand (Asian Legal Business 2023)

Top 40 Under 40 Legal Professionals in Asia (Asian Legal Business 2020)

Representative Matters

Advised Glow IPP 3 Co., Ltd., a subsidiary of Global Power Synergy Public Company Limited, on the successful strategic divestment of its 33.33% equity stake in Eastern Seaboard Clean Energy Co., Ltd. to Veolia Environmental Services (Thailand) Co., Ltd.

Advised Plan B Media PCL on its acquisition of an 11.01% equity interest in COM7 PCL, valued at ~THB 7.2 billion (USD 206 million), strengthening its strategic investment in Thailand’s leading technology and digital lifestyle retail sector.

Advised Bangkok Dusit Medical Services PCL in its THB 2 billion procurement of proton-therapy equipment from Sumitomo Heavy Industries.

Represented the Thai subsidiaries of one of the world’s leading Chinese and Japanese home appliance manufacturers in obtaining a Foreign Business License (FBL) to provide cash pooling services to affiliated companies in Thailand and overseas.

Advised Tanachira Retail Corporation PCL on its strategic partnership with Saha Pathana Inter-Holding PCL group to establish a joint venture company for the identification, development, and expansion of brands and business ventures in Thailand and internationally.

Represented Royal Bangkok Healthcare, a subsidiary of Bangkok Dusit Medical Services in the THB 150 million acquisition of a 28.89% stake in Lansing Business System Co., Ltd. from I&I Group Public Company Limited.

Advised Frasers Property (Thailand) PCL on its THB 265 million acquisition of a 30% stake in Frasers Property Industrial REIT Management (Thailand) Co., Ltd., and its subsidiary on the purchase of 48 million REIT units in FTREIT from Mitsui & Co. (Asia Pacific) Pte. Ltd.

Represented Mitsubishi Corporation (MC) in the capacity as a Thai legal counsel in connection with MC's first "unregulated" general offer launched with the purpose to increase its additional shareholding in Thai Union Public Company Limited (TU), a Thailand-based seafood company listed on the Stock Exchange of Thailand (SET), from 6.19% to 20% (excluding treasury shares).

Advised Plan B Media Public Company Limited on its THB 4 billion (~USD 123 million) acquisition of Hello Bangkok LED Company Limited from multiple sellers, including Roctec Global Public Company Limited, a company listed on the Stock Exchange of Thailand. In connection with the transaction, Plan B Media also issued 285,714,286 new ordinary shares through a private placement to selected investors, including VGI Public Company Limited, raising over THB 2 billion to fund the acquisition.

Advised TRA Land Development Company Limited on a major real estate joint venture valued at THB 2.2 billion.

Represented an advertising company in its THB 650 million acquisition of the entire shareholding of a billboard business.

Advising Global Power Synergy Public Company Limited (GPSC) on the acquisition of shares in Global Renewable Power Co., Ltd. (GRP) with a value of THB 1.275 billion (~ USD 29 million).

Advised Thai Beverage PLC on a share swap agreement with TCC Group valued at SGD 2.1 billion.

Advised a consortium of buyers, consisting of Yip in Tsoi, The Brooker Group, SCT Car Rent Co., Ltd. and Loxbit PLC, in the acquisition of Purple Ventures Co., Ltd., the provider of the innovative a Thai food delivery, rides and more platform, Robinhood, valued at around THB 2 billion (~ USD 59 million).

Advising Nuovo Plus Company Limited on its asset to share swap with 24M Technologies Inc., valued a USD 51.08 million.

Assisted Innopower Co., Ltd. the investment arm of the Electricity Generating Authority of Thailand, in its G-round investment in Sharge Management Co., Ltd., a leading EV charge start-up business in Thailand. This transaction expands the portfolio of EV businesses invested by Innopower.

Represented the purchaser, a leading authorized luxury watches retailer in Thailand, to acquire 100% stake in another authorized luxury watches retailer in Thailand. The deal value is approximately THB 1.2 billion.

Represented International Beverage Holdings Limited (a member of the ThaiBev group) in their EUR 40 million acquisition of the “Larsen” cognac business from the Anora Group PLC, a leading Nordic distilled beverage and wine company. The proposed acquisition includes Larsen’s production site and eau-de-vie maturation stock in Cognac, France, as well as its cognac brands “Larsen”, “Renault” and “Monopol”, as well as its brandy brand “Ibis”.

Represented Tanachira Retail Corporation Public Company Limited in its historic partnership with British celebrity chef Gordon Ramsay. As a key milestone and addition to its portfolio of retail businesses,. The deal will see Tanachira introduce flagship Gordon Ramsay restaurants including “Bread Street Kitchen”, “Street Pizza”. “Street Burger” and “Hell’s Kitchen” to the Thai public over the next few years.

Represented International Beverage Holdings Limited (a member of the ThaiBev group) in the NZD 27.5 M (~ USD 17.3 M) acquisition of Cardrona Distillery group, a premium spirits distillery and manufacturer in New Zealand. This strategic acquisition establishes ThaiBev’s first formal presence in New Zealand and is part of ThaiBev’s strategy to expand its presence and portfolio in the New World premium spirits business.

In The News

Parithat Chamnongsilp
Parithat ChamnongsilpPartner
parithat.c@tttandpartners.com
+66 (0)818 673 164

Practices

Education

  • LLB Law
    Chulalongkorn University 2015
  • LLM (Merit) Law
    Australian National University 2012
  • LLB Law
    Australian National University 2010
  • BA International Relations
    Australian National University 2010

Other Qualifications

  • Solicitor
    Supreme Court of The Australian Capital Territory 2012

Languages

  • Thai
  • English

Our Solutions.

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