TTT+Partners advised Plan B Media PCL (“PLANB”) on its acquisition of an 11.01% equity interest in COM7 PCL (“COM7”), with a total transaction value of ~THB 7.2 billion (USD 206 million).
The transaction resulted in PLANB becoming a major strategic shareholder in COM7, one of Thailand’s leading information technology and digital lifestyle product retailers. The investment supports PLANB’s strategy to expand its out-of-home media platform into a broader digital ecosystem encompassing retail technology, consumer financing, and electric vehicle (EV) platforms, while diversifying its revenue streams, generating stable long-term dividend returns, and creating significant commercial synergies across the two companies’ nationwide platforms.
Our scope of work included conducting legal due diligence, advising on the transaction structure, preparing and reviewing the required disclosures in compliance with the regulations of the Securities and Exchange Commission of Thailand (SEC) and the Stock Exchange of Thailand (SET), and advising the client throughout the execution and successful completion of the transaction.
The team was led by Veeranuch Thammavaranucupt and Parithat Chamnongsilp, with support from Arnut Pongprueksa, Kanatat Damrongchaitham, Sahatsawat Satpretpry, Arch Suntharasantic, and Veerapattra Mangmee.
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