SRPP Ltd. > Bangkok, Thailand > Firm Profile

SRPP Ltd.
18/2-3 Floor Emporium Tower
622 Sukhumvit Road, Khlongton,
Khlongtoei, Bangkok 10110
Thailand

Thailand > Banking and finance Tier 2

Covering the energy, transport and hospitality sectors in its practice, to name a few, SRPP Ltd. is routinely engaged by clients for assistance with real estate financing, energy and project financing, acquisition financing and refinancing transactions. Passawan Navanithikul leads the practice with her varied expertise across infrastructure projects, asset-based lending facilities and cross-border finance. Associate Sireedhorn Kittiphumwong is experienced in handling both international and local transactions, and associate Viparvee Chaemchaeng is also recommended.

Practice head(s):

Passawan Navanithikul

Testimonials

‘The team works in a very well-structured plan to execute the deal in a timely manner. The communication and negotiation skills of both partners and associates really contributed to the success of the deal.’

‘They are skilful in advising and negotiating for the best interest of lenders, delivering high quality work in a tight timeframe.’

‘The team provides timely and helpful legal advices.’

‘Viparvee Chaemchaeng is highly responsive.’

Key clients

Abu Dhabi Developmental Holding Company

ADK Holdings Inc.

Advance mPay Co., Ltd.

Ananda Development Public company Limited

Arun Plus Co., Ltd.

Bangchak Corporation Company Limited

Bangkok Bank Public Company Limited

Bangkok Cycle Industrial Co., Ltd.

BCPG Public Company Limited

Bhiraj Buri Holding Company Limited

Bound and Beyond Public Company Limited

Bain Capital, LP.

BSS Holdings Company Limited

Charoen Pokphand Group Co., Ltd.

CIMB Thai Bank Public Company Limited

Dhipaya Insurance Plc.

dtac TriNet Co., Ltd.

Dusit Food Company Limited

Dusit Thani Public Company Limited

Eternal Energy Public Company Limited

FinAccel Pte Ltd

Fujitsu (Thailand) Co., Ltd.

Global Renewable Power Company Limited

Global Renewable Power Operating Company Limited

GMM Public Company Limited

Helmsman LLC

Home Product Center Public Company Limited

Innopower Company Limited

IRPC Clean Power Company Limited

I Squared Capital

KASIKORNBANK Public Company Limited

Kasikorn Carabao Co., Ltd.

Kiatnakin Bank Public Company Limited

K-nex Corporation Co., Ltd.

Lanxess Deutschland GmbH

Latham & Watkins LLP

Liberator Securities Co., Ltd.

Mercer Investment Solutions (Singapore) Pte. Ltd.

Mizuho Bank, Ltd. Japan

Nagashima Ohno & Tsunematsu

Nation International Edutainment Public Company Limited

Omya AG

Pacific Cannovation Co., Ltd

Paramount Global Sdn Bhd

Primates Enterprise, Ltd

Prime Street Advisory (Thailand) Co., Ltd.

Pruksa Holding Public Company Limited

PTT Public Company Limited

PTT Oil and Retail Business Public Company Limited

Rabbit Care Co., Ltd.

Siam Power Co., Ltd.

Singha Ventures

Sino-Pacific Trading (Thailand) Co., Ltd.

SiS Distribution (Thailand) Public Company Limited

Sithiporn Associates Company Limited

TAC Holding Co., Ltd.

The Bank of Yokohama

The Bangkok Pathology-Laboratory Co., Ltd.

Total Access Communication Public Company Limited (DTAC)

U City Public Company Limited

Unique Engineering and Construction Public Company Limited

Von Bundit Company Limited

Warrix Sport Company Limited

Withers KhattarWong LLP

Xtransfer Limited

Work highlights

  • Advising Charoen Pokphand Group Co., Ltd. (“CPG”) on a Bt 33.4bn and $925m credit facilities with The Siam Commercial Bank PCL as mandated lead arranger, facility agent and onshore security agent together with 15 other Thai and non-Thai syndicated banks for the purpose of refinancing CPG’s existing facility agreement and financing CPG’s investment in its group companies and ongoing projects.
  • Advising Thai Digital Energy Development Company Limited (TDED), in collaboration with BCPG Public Company Limited and Pea Encom International Company, to successfully secure a THB 240.16 million loan facility from Kasikonbank. This project has been honored with The Asset Triple A, Sustainable Infrastructure Awards 2023, Country Deal Awards (ASEAN) in the distinguished category of “Renewable Energy Deal of the Year – Rooftop Solar.”
  • Advising Bangkok Bank Public Company Limited with regard to the financing of $440m to Springhead Holdings Pte Ltd in Singapore. The financing is for the acquisition of 250,801 shares in Star Energy Group Holding Pte Ltd from BCPG Public Company Limited. SRPP was the lead counsel of this multi-jurisdictional transaction working with another 6 foreign counsels (including the counsel of the seller).

Thailand > Corporate and M&A Tier 4

Advising clients across the energy, transport and telecoms sectors, among others, SRPP Ltd. is routinely engaged by clients for assistance with EPC agreements, strategic matters and a broad variety of M&A, including international transactions and corporate divestitures. The practice is led by Panuwat Chalongkuamdee, Natira Siripun and Chositar Daecharux, who all possess a multitude of experience in high-profile national and international transactions.

Practice head(s):

Panuwat Chalongkuamdee; Natira Siripun; Chositar Daecharux

Testimonials

‘Experienced and pleasant mannered team to work with. Efficient in delivering legal output to meet necessary deadline required.’

Key clients

Abu Dhabi Developmental Holding Company

ADK Holdings Inc.

Advance mPay Co., Ltd.

Ananda Development Public company Limited

Arun Plus Co., Ltd.

Bangchak Corporation Company Limited

Bangkok Bank Public Company Limited

Bangkok Cycle Industrial Co., Ltd.

BCPG Public Company Limited

Bhiraj Buri Holding Company Limited

Bound and Beyond Public Company Limited

Bain Capital, LP.

BSS Holdings Company Limited

Charoen Pokphand Group Co., Ltd.

CIMB Thai Bank Public Company Limited

Dhipaya Insurance Plc.

dtac TriNet Co., Ltd.

Dusit Food Company Limited

Dusit Thani Public Company Limited

Eternal Energy Public Company Limited

FinAccel Pte Ltd

Fujitsu (Thailand) Co., Ltd.

Global Renewable Power Company Limited

Global Renewable Power Operating Company Limited

GMM Public Company Limited

Helmsman LLC

Home Product Center Public Company Limited

Innopower Company Limited

IRPC Clean Power Company Limited

I Squared Capital

KASIKORNBANK Public Company Limited

Kasikorn Carabao Co., Ltd.

Kiatnakin Bank Public Company Limited

K-nex Corporation Co., Ltd.

Lanxess Deutschland GmbH

Latham & Watkins LLP

Liberator Securities Co., Ltd.

Mercer Investment Solutions (Singapore) Pte. Ltd.

Mizuho Bank, Ltd. Japan

Nagashima Ohno & Tsunematsu

Nation International Edutainment Public Company Limited

Omya AG

Pacific Cannovation Co., Ltd

Paramount Global Sdn Bhd

Primates Enterprise, Ltd

Prime Street Advisory (Thailand) Co., Ltd.

Pruksa Holding Public Company Limited

PTT Public Company Limited

PTT Oil and Retail Business Public Company Limited

Rabbit Care Co., Ltd.

Siam Power Co., Ltd.

Singha Ventures

Sino-Pacific Trading (Thailand) Co., Ltd.

SiS Distribution (Thailand) Public Company Limited

Sithiporn Associates Company Limited

TAC Holding Co., Ltd.

The Bank of Yokohama

The Bangkok Pathology-Laboratory Co., Ltd.

Total Access Communication Public Company Limited (DTAC)

U City Public Company Limited

Unique Engineering and Construction Public Company Limited

Von Bundit Company Limited

Warrix Sport Company Limited

Withers KhattarWong LLP

Xtransfer Limited

Work highlights

  • Advised Lenskart Solutions Private Limited and its group companies on the acquisition of Owndays Inc., the parent firm of Owndays Kabushiki Kaisha, an optical and eyewear shop in Japan.
  • Advised PTT Public Company Limited and its subsidiary, Arun Plus Co., Ltd., to form a joint venture with Global Power Synergy Public Company Limited, namely Nuovo Plus Company Limited with a registered capital of THB 4,200,000,000, to invest in the Battery Value Chain to advance the electric car market.
  • Advised Unique Engineering and Construction Public Company Limited on the disposition of land to Suphannimit Co., Ltd. and 100% shares in Unique Real Co., Ltd., the subsidiary of UNIQ, to Ms. Korapat Suviwattanachai, who is the former director of UNIQ.

SRPP is an independent national law firm with a proven reputation for providing progressive, industry-leading legal, regulatory and government relations advice to our clients domestically and globally.

The firm was founded in 2019. We have vast experience working with global and national law firms for more than 20 years, providing deep partner commitment, industry experience and a strategic approach for our clients. We create a team of talented lawyers to provide advice to our clients on their most important matters at high level of expertise. We have fostered close working relations with an extensive network of independent firms across the United States, Latin America, Europe, Asia, Africa and the Middle East, allowing us to constitute fully integrated teams comprised of the best lawyers in foreign jurisdictions.

Department Name Email Telephone
Banking and Finance Passawan Navanithikul passawan@srpplaw.com 66 20291700 ext 104
Merger and Acquisition Panuwat Chalongkuamdee panuwat@srpplaw.com 66 86 8078877
Merger and Acquisition, Insolvency Rittichai Ngodngam rittichai@srpplaw.com 66 20291700 ext 110
English
Thai
Chambers & Partners
IFLR
Institute of Directors

CLIENT: Sivinee Thanapase

COMPANY/FIRM: Dusit International

TESTIMONIAL: “He (Mr. Panuwat Chalongkuamdee) is an excellent lawyer and has especially good negotiation skills. He not only provides legal advice, but also has very useful recommendations on commercial terms. It is indeed my pleasure to work with him on many M&A transactions.”


TESTIMONIAL: “Khun Passawan (Navanithikul) brings a wealth of experience and a highly motivated team to each transaction. SRPP’s advice is always relevant and quick, and directly addresses the client’s needs.”


TESTIMONIAL: “(SRPP) understands the issues before agreement drafting – suggest the key factors of success for management negotiation – listen to client constraint.”


TESTIMONIAL: “They (SRPP) try to find the solution and suggested the company consider the business risk in order to provide the mitigation plan. They did well in the area of the funding injection process, the right of redemption as well as the mitigation plan when other shareholders exit the fund. That means SRPP has to understand the philosophy of the target, start-up company and listed company well, then the suggestion could be realised and implementation workable.”

THAILAND

SRPP Ltd. is one of the industry-leading independent law firms based in Bangkok, Thailand. We provide professional and comprehensive legal services to maximize our clients’ business opportunity with international standard and competencies.

Found in 2019, our office is comprised of partners and lawyers who are highly experienced and omniscient in business operations and corporate transactions. Our practice areas cover Banking & Finance, Merger & Acquisition, Insolvency & Rehabilitation, and Corporate & Foreign Direct Investment, guaranteed with recognition from several reputable ranking providers. We are experienced in a variety of business fields, for example, finance, insurance, real estates, transportation, energy, petrochemical, industrial manufacturing, telecommunication, and digital business. Our clients are both domestic and global, with all range of business sizes and sectors. With our progressive and customer-oriented approach, we determine to maintain our service quality and offer enhanced experience to our valued clients.

Banking and Finance

We provide services across a broad spectrum of legal systems to the local and multinational companies, banks, funds, and other financing sources. We give consultation and assistance with in-depth understanding of financial markets as well as commercial business and an ability to discern the complex issues that can have significant impacts on financing transactions.

Merger & Acquisition

With a broad experience in various sectors of business, we are regularly involved in headline M&A transactions and related matters, often across national borders. We work to assist all scale companies to achieve growth and enhance their market power. Since our strength is to understand the needs and motives of business for merger and acquisition (M&A), our service highlight on bringing organizations together via all related strategic matters, which also include corporate divestitures, business spin-off, cross-border transactions, takeover, amalgamation, and joint ventures.

Corporate & Foreign Direct Investment

We specialize in advising on both in and out-of-court restructurings and recapitalizations. Our team have engineered many landmark transactions with satisfied outcomes for the clients, including pre-packaged bankruptcies, distressed debt exchanges, post-reorganization M&A, resuming trading in the stock exchange, and rescue financing.

Insolvency & Rehabilitation

Our team offer harmonizing insights, knowledge, practical solutions, and support on handling sensitive and high-profile corporate issues, e.g., IPO, fund raising plan, regulatory compliance, corporate governance, cyber security, data privacy, foreign direct investment, antitrust, employment and incentive plans.

BANKING AND FINANCE

SRPP are a market leader in leading-edge financing transactions in Thailand. The team represent a wide variety of clients in Thailand and abroad. SRPP’s capabilities and experiences permit the firm to advise across a broad spectrum of legal systems to local and multinational companies, as well as banks, funds and other financing sources. The firm provide clients, whether lenders, borrowers, guarantors, or security providers, sophisticated advice through a combination of experience, an in-depth understanding of the financial markets and a market-leading ability to navigate in complex situations that can have significant impacts on financing transactions. SRPP’s commercial knowledge and experience allows the firm to provide advice on commercial aspects for their clients in addition to legal aspects, with a business understanding in providing solutions.

 

Equity Financing for acquisition of Tesco Stores in Thailand and Malaysia

Passawan advised Bangkok Bank Public Company Limited on a THB 25 billion credit facility granted to Charoen Pokphand Holding Co., Ltd, to finance their investment in C.P. Retail Holding Co., Ltd. In the form of equity injection for the purpose of its subsidiary acquiring Tesco Stores in Thailand and Malaysia. The whole transaction worth approximately THB 336,400,000,000 and it is by far the biggest M&A transaction in Thailand. You may view Passwan's profile here.