Weerawong, Chinnavat & Peangpanor Ltd. represented WHA
Corporation Pcl., a leading developer of logistics centers, on its corporate restructuring and
initial public offering (IPO) on the Stock Exchange of Thailand (SET). The company listed and
started trading on November 8, 2012, with an initial market capitalization price of THB 6.76
billion (approx. US$218 million). Of the 510 million listed shares, 380.60 million were existing and
129.40 million newly-issued.
Siam Commercial Bank Pcl. acted as financial
advisor, Kasikorn Securities Pcl. as financial advisor and underwriter, while SCB Securities Co.
Ltd. was also an underwriter.
Kudun Sukhumananda, Partner, led the project team
which also included Yaowarote Klinboon, Senior Associate, Kom Vachiravarakorn, Associate,
Kongkoch Yongsavasdikul, Associate and, Sawita Peetawan, Associate.