The Capital Law Office Limited > Bangkok, Thailand > Firm Profile
The Capital Law Office Limited Offices
44 SMOOTH LIFE TOWER
NORTH SATHORN ROAD
BANGKOK
Thailand
Profiles
The Capital Law Office Limited > The Legal 500 Rankings
Thailand > Capital markets Tier 3
Jointly helmed by Chatri Trakulmanenate, Paradorn Leosakul, Patraporn Milindasuta and Haruethai Boonklomjit, the 'strong team' at The Capital Law Office Limited advises clients on equity-linked products and debt instruments. Praised for its 'hands-on approach', the practice is also active across a diverse array of sectors, from energy and retail to petrochemicals and healthcare.Practice head(s):
Chatri Trakulmanenate; Paradon Leosakul; Patraporn Milindasuta; Haruethai Boonklomjit
Testimonials
‘Capital Law Office is a medium-sized firm whose strength stems from the quality of their highly selective partners.’
‘The hands-on approach together with the ability of partners to collaborate effectively was very crucial to an effective outcome.’
‘Paradon Leosakul has deep knowledge of capital market.’
‘Capital Law has a strong team to support the clients. The clients can reach each of the partners and associates individually with the quick responses.’
Key clients
Super Energy Corporation Public Company Limited
Samart Aviation Public Company Limited
D.T.C. Enterprise Public Company Limited
Asia Medical and Agricultural Laboratory and Research Center Public Company Limited
Aurora Design Public Company Limited
Thai Eastern Group Holdings Public Company Limited
Shareholding and management restructuring of Finansia Syrus Securities Public Company Limited
Moshi Retails Corporation Public Company Limited
MEB Corporation Public Company Limited
P.S.P. Specialties Public Company Limited
Raimon Land Public Company Limited
Work highlights
- Advised Asian Network International Company Limited on its IPO on the SEC, which includes its foreign subsidiaries in seven countries.
- Advised Samart Aviation Public Company Limited in its spin off and in listing its Cambodian subsidiary engaging in air controlled services on the Thai SET which will be listing of first Cambodian company on the SET.
Thailand > Corporate and M&A Tier 3
Led by Chatri Trakulmanenate, Paradorn Leosakul, Pakdee Paknara, Patcharaporn Pootranon and Thanasak Chanyapoon, The Capital Law Office Limited's broad offering extends from share and asset acquisitions and tender offers to amalgamations and corporate restructuring. The department counts hospitality, energy, aviation and retail businesses in its expansive client roster.Practice head(s):
Chatri Trakulmanenate; Paradorn Leosakul; Pakdee Paknara; Patraporn Milindasuta; Thanasak Chanyapoon
Key clients
Scan International Public Company Limited
Thai Plaspac Public Company Limited
Innobic (Asia) Co., Ltd. / Innobic LL Holding Co., Ltd./ PTT Public Company Limited
Advance Info Services Public Company Limited
Same as no. 3 above
Lakeshore Capital Partners Co., Ltd.
A group shareholders of Nam Seng Insurance Public Company Limited holding approximately 75% of the total issued shares
BTS Group Holdings Public Company Limited
Boon Rawd Supply Chain Co., Ltd., Pongrawee Co., Ltd. and Shareholders of Pongrawee Co., Ltd.
Work highlights
- Advised AIS on acquisition of shares in Triple T Broadband to become Thailand’s second largest broadband operator.
- Advised AMATA Corporation in its restructuring of utilities services business and industrial services business to its newly formed subsidiary through transfer of shares and entire business transfer to minimize capital gain to be incurred.
The Capital Law Office Limited > Firm Profile
The Capital Law Office is a respected law firm with unique capabilities, founded in 2013 by a legal team with more than 20 years’ experience. Today, 25 lawyers, including award-winning partners, advise local and international industry leaders on transactions in Thailand, across Asia, and on a multi-jurisdictional basis, always with in-depth understanding of clients’ needs and objectives.
The firm provides a full range of services at international level, with particular expertise in capital markets, mergers and acquisitions, and corporate governance. Corporate social responsibility (CSR) also ranks highly among the firm’s professional priorities, including an annual Legal Student Sponsorship Program, and pro bono advice for the SE Thailand Association, an organization supporting small to medium sized enterprises. For every client and on every transaction, the firm’s legal services are guided by one philosophy – a focus on commitment, collaboration, and integrity.
Areas of practice
Capital markets: The Capital Law Office is a domestic and regional leader for capital markets transactions. The team has unparalleled experience in advising both issuers and underwriters on many precedent-setting projects involving complex and innovative issues. These legal specialists provide a broad spectrum of services, including advising on issuance of equity, equity-linked products, tender offers, debt instruments, and derivatives, in domestic and international markets.
Mergers & acquisitions: The Capital Law Office’s strong mergers and acquisitions team advises clients on a full range of private and public transactions, including share and asset acquisitions and disposals, reverse takeovers, joint ventures, amalgamations and corporate restructurings. The firm’s mergers and acquisitions lawyers are also highly experienced in advising sellers and purchasers on many of Thailand’s and Southeast Asia’s key investment sectors, particularly: banking and financial services, energy, insurance, healthcare, media, real estate, hospitality, and F&B.
Corporate governance: The Capital Law Office represents clients on corporate governance issues covering all aspects of management and commercial issues. The team regularly advises on public and private company law, securities and exchange law, and director responsibilities through every stage of the corporate life cycle. Our corporate governance lawyers are sought out for their market insight as it enables them to provide support and regulatory advice on current issues, and on the ever-evolving regulatory landscape in Thailand and across Asia.
Main Contacts
| Department | Name | Telephone | |
|---|---|---|---|
| Capital Markets, Mergers & Acquisitions, Corporate Governance | Chatri Trakulmanenate, Partner | chatri@thecapitallaw.com | +662 633 9088 |
| Capital Markets, Mergers & Acquisitions, Corporate Governance | Paradorn Leosakul, Partner | paradorn@thecapitallaw.com | +662 633 9088 |
| Capital Markets, Mergers & Acquisitions, Corporate Governance | Patraporn Milindasuta, Partner | patraporn@thecapitallaw.com | +662 633 9088 |
| Mergers & Acquisitions, Corporate Governance | Pakdee Paknara, Partner | pakdee@thecapitallaw.com | +662 633 9088 |
Lawyer Profiles
| Photo | Name | Position | Profile |
|---|---|---|---|
|
Mr Thanasak Chanyapoon | Thanasak is a partner who advises clients on taxation in relation to… | View Profile |
|
Mr Paradorn Leosakul | Paradorn is a Partner who advises clients on capital markets, mergers and… | View Profile |
|
Ms Patraporn Milindasuta | Patraporn is a partner who advises on capital markets, mergers and acquisitions… | View Profile |
|
Mr Pakdee Paknara | Pakdee is a Partner, specializing in mergers and acquisitions, who represents domestic… | View Profile |
|
Mr Chatri Trakulmanenate | Chatri is a Partner who advises clients on capital markets, mergers and… | View Profile |
Staff Figures
Partner : 4 Counsel : 1 Senior Associate : 4 Associate : 16Languages
Thai EnglishThe Capital Law Office Limited > Firm Profile
The Capital Law Office is a respected law firm with unique capabilities, founded in 2013 by a legal team with more than 20 years’ experience. Today, 25 lawyers, including award-winning partners, advise local and international industry leaders on transactions in Thailand, across Asia, and on a multi-jurisdictional basis, always with in-depth understanding of clients’ needs and objectives.
The firm provides a full range of services at international level, with particular expertise in capital markets, mergers and acquisitions, and corporate governance. Corporate social responsibility (CSR) also ranks highly among the firm’s professional priorities, including an annual Legal Student Sponsorship Program, and pro bono advice for the SE Thailand Association, an organization supporting small to medium sized enterprises. For every client and on every transaction, the firm’s legal services are guided by one philosophy – a focus on commitment, collaboration, and integrity.
Areas of practice
Capital markets: The Capital Law Office is a domestic and regional leader for capital markets transactions. The team has unparalleled experience in advising both issuers and underwriters on many precedent-setting projects involving complex and innovative issues. These legal specialists provide a broad spectrum of services, including advising on issuance of equity, equity-linked products, tender offers, debt instruments, and derivatives, in domestic and international markets.
Mergers and acquisitions: The Capital Law Office’s strong mergers and acquisitions team advises clients on a full range of private and public transactions, including share and asset acquisitions and disposals, reverse takeovers, joint ventures, amalgamations and corporate restructurings. The firm’s mergers and acquisitions lawyers are also highly experienced in advising sellers and purchasers on many of Thailand’s and Southeast Asia’s key investment sectors, particularly: banking and financial services, energy, insurance, healthcare, media, real estate, hospitality, and F&B.
Corporate governance: The Capital Law Office represents clients on corporate governance issues covering all aspects of management and commercial issues. The team regularly advises on public and private company law, securities and exchange law, and director responsibilities through every stage of the corporate life cycle. Our corporate governance lawyers are sought out for their market insight as it enables them to provide support and regulatory advice on current issues, and on the ever-evolving regulatory landscape in Thailand and across Asia.
Main Contacts
| Department | Name | Telephone | |
|---|---|---|---|
| Capital Markets, Mergers & Acquisitions, Corporate Governance | Chatri Trakulmanenate, Partner | chatri@thecapitallaw.com | +662 633 9088 |
| Capital Markets, Mergers & Acquisitions, Corporate Governance | Paradorn Leosakul, Partner | paradorn@thecapitallaw.com | +662 633 9088 |
| Capital Markets, Mergers & Acquisitions, Corporate Governance | Patraporn Milindasuta, Partner | patraporn@thecapitallaw.com | +662 633 9088 |
| Mergers & Acquisitions, Corporate Governance | Pakdee Paknara, Partner | pakdee@thecapitallaw.com | +662 633 9088 |
Staff Figures
Partner : 6 Counsel : 3 Senior Associate : 2 Associate : More than 30Press Releases
Congratulations to Innobic (Asia) Co., Ltd. for the successful acquisition of newly issued shares of Namwiwat Engineering (1992) Company Limited
17th June 2022 Congratulations to Innobic (Asia) Co., Ltd. (INBA), a wholly-owned subsidiary and life-science arm of PTT Public Company Limited, for the successful acquisition of newly issues shares representing 17.65% of the total registered capital of Namwiwat Engineering (1992) Company Limited (NAM), one of the leading operator and manufacturer of medical device business in Thailand, through Innobic LL Holding Company Limited (INBL), INBA’s wholly-owned subsidiary.Legal Developments
Thailand’s Transfer Pricing Law.
17th June 2022 Prior to June 2017, Thailand did not have transfer pricing law. The Revenue Department employed their power to adjust pricing to be at market price based on the provision of Section 65 bis (4) of the Revenue Code. That means the Revenue Department is empowered to adjust the selling price or service fee or interest rate in the case of transfer of assets, provision of service or lending of money without remuneration, fee or interest, or with remuneration, fee or interest that is lower than the market price, made without reasonable ground in accordance with the market price on the date of asset transfer, provision of service or lending of money. Besides, the Revenue Department has issued its Order No. Por 113/2545 (“Por 113/2545” or the “Guideline”) which sets out the arm’s length principles in 2002. Certain traditional transfer pricing methods were also suggested in the Guideline to help businesses determine the most appropriate price. However, Por 113/2545 is not a law. As such, it is not used to enforce against companies to get transfer pricing documentation prepared and reporting forms filed.Tech M&A in Thailand Today: The Amalgamation of DTAC and TRUE.
17th June 2022 Potential Southeast Asian tech giant formed by the amalgamation of two major Thai telecoms operators.Postponement of Financial Transaction Tax for Sale of Listed Shares.
17th June 2022 In early 2022, the Ministry of Finance revealed that personal income tax on gains derived from the sale of listed shares through the Thai stock exchange may no longer be exempt. Due to certain concerns and negative impacts in the Thai capital market, an implementation of capital gains tax on individual investors is not ready and, therefore, it is lifted. Yet, according to the Ministry of Finance, the financial transaction tax on the sale of shares in the stock market is brought into consideration instead.Tax Incentives for the Investment in Thai Startups.
17th June 2022 The Thai government has been encouraging all Thai businesses, both corporate and individual, to put more and more investment in Thailand, particularly in local startups this year in order to help boost economic growth after the COVID-19 pandemic is gone.The New Definitions of Institutional Investor, Ultra-high Net Worth Investor and High Net Worth Investor.
17th June 2022 Effective on October 1st , 2022, the new definitions of Institutional Investor, Ultra-high Net Worth Investor and High Net Worth Investor under the Notification of the Securities and Exchange Commission No. Kor. Jor. 39/2564 re: Determination of Definitions of Institutional Investor, Ultra-high Net Worth Investor, and High Net Worth Investor, will be more consistent with the understanding of the nature and risk of the products to be invested, as well as the ability to take risks, in order to provide businesses and investors with access to a broader range of fundraising and investment channels.The Senate Approved the Draft Amendment to the Public Limited Company Act.
17th June 2022 On 28 February 2022, the Senate approved the Draft Public Limited Company Act (No. ....) B.E. …. (….) (the “Draft PLC Act”) for amendments of the Public Limited Company Act B.E. 2535 (A.D. 1992) (the “PLC Act”) in order to accommodate the current business operation of a public company and resolve some weak points of the PLC Act. In this regard, the Draft PLC Act shall become effective after 30 days from the date of publication of the Draft PLC Act in the Royal Gazette.SEC Proposes Revisions on Private Placements.
17th June 2022 On 9 February 2022, the Securities and Exchange Commission (“SEC”) has announced to arrange a public hearing on the revisions of the rules of newly issued shares offering through a private placement (“PP”) with a purpose of streamlining the procedures, processes and documents which may be required at the time of the submission with the SEC while the investors and shareholders are still in protection.SEC Conducts Public Hearing on the Guideline for Using Digital Assets as Means of Payment for Goods and Services.
17th June 2022 Nowadays, consumers and merchants have opened to the use of digital assets as payment for goods or services. To facilitate such actions, the licensed digital asset operators have developed their systems to support payment on transactions made through their platform. This could result in the widespread usage of digital assets for purposes other than investment purposes. The competent authorities are concerned that the use of digital assets as means of payment for goods or services may have certain impact on stability of the country’s economic and financial system, including creating risks to consumers and merchants, for example risk from the fluctuations on value of digital asset, risk of cyber theft, risk of personal data leaking, or risk of being used as a tool for money laundering and should be regulated or monitored at certain level.- Capital markets
- Corporate and M&A