We believe we are very placed to act as your Thailand legal counsel in this potential transaction. Our team has relevant and extensive expertise and experience in mergers & acquisitions and investment structures of non-Thai investors. We have regularly been requested to advise by a number of leading multi-national companies and PEs, including the followings in relation to their respective investment in Thailand, covering a wide range of businesses and industries, including real estate, property development, manufacturing, chemical, education, financial, hypermarket, healthcare, infrastructure, mining, payment system, pilot training, retail, securities, telecommunication, waste treatment, and service related businesses. Some of them include Adyen, Aerosim, Air Asia, Airwallex, Alipay, Alliance Laundry, Ant Financial, Apple Pay, Avient Corporation (formerly named PolyOne Corporation), Bain, BlueScope, BNP, Carlyle, China Yuhua, CLSA Securities (Thailand) , Futu Holdings, Groupe Casino, Hydoo, Joysons Safety Systems (formerly named Key Safety Systems), KDZ Bank, Leapfrog, Linden Capital, Merrill Lynch, Metro Pacific, Paypal, Singapore Telecom, Suretex; and Tradewater.

During the course of our involvements, we have provided them with advice either directly or via their legal counsels (e.g. global, international, regional or domestic law firms) on foreign shareholding restrictions in a broad range of industries as outlined above, including applicable exemptions under Thai laws (e.g. Foreign Business Act, Industrial Estate of Thailand Act (IEAT), treaties and bilateral trade agreements made by Thailand, and privileges and incentives provided by the Thailand Board of Investment (BOI) as well as structure of their investments or acquisitions either wholly or with partners. As a result, our team has regularly contacted and interacted with a number of regulatory authorities, such as Bank of Thailand, BOI, IEAT, Ministry of Commerce, Ministry of Industry, Revenue Department, local governments, land offices, and etc. which enable us to have a better understanding of relevant industries as well as their respective licensing requirements and other key regulatory compliance related issues.