Weerawong, Chinnavat & Partners Ltd. (Weerawong C&P) represented TPI Polene Power Public Company Limited (the Issuer), a subsidiary of TPI Polene Public Company Limited, as Thai legal counsel in connection with the spin-off and offering of shares under Thailand’s Securities and Exchange Commission regulations, and international offering under Regulation S of the US Securities Act and listing of its shares on the Stock Exchange of Thailand.

 

CIMB Securities (Thailand) Company Limited, Maybank Kim Eng Securities (Thailand) Public Company Limited and TISCO Bank Public Company Limited acted as Thai Financial Advisors and CIMB Securities (Singapore) Pte. Ltd. and Maybank Kim Eng Securities Pte. Ltd. as International Bookrunners in the offering. TPI Polene Power is a power plant operator in Thailand, with the largest waste-to-energy power plant operations in the country in terms of installed waste-to-energy power generation capacity.

 

This is one of Thailand’s largest offerings and the largest since the EGAT North Bangkok offering. The deal valued at THB 17.5 billion (approximately USD 508 million) closed on 5 April 2017.

 

The Weerawong C&P team was led by Peangpanor Boonklum, Senior Counsel and Patcharaporn Pootranon, Partner and associates Poonsook Pornpathananangoon and ThitawanThanasombatpaisarn.