- Financing for the acquisition of hotel and
retail building assets from (1) Thai Hotel Investment Freehold and Leasehold Property Fund (THIF)
and (2) Thai Retail Investment Fund (TRIF) by the companies under the AWC group including TCC Hotel
Asset Management Co., Ltd. and Asset World Retail Co., Ltd. The total facilities amount was THB
25,000 million (approximately USD 736 million). The financiers were Siam Commercial Bank Public
Company Limited and Kiatnakin Bank Public Company Limited. The assets acquired from THIF and TRIF
under this transaction included Hilton Sukhumvit Bangkok, Marriott Marquis Queen's Park, Plaza
Athénée Bangkok, The Okura Prestige Bangkok, Pantip Plaza, Asiatique and Tawanna Night Bazaar. The
deal closed on 19 May 2017.
- Financing for the
acquisition of commercial building assets from Thai Commercial Investment Freehold and Leasehold
Fund (TCIF) by the companies under the AWC group including T.C.C. Commercial Property Management
Co., Ltd. and CW Tower Co., Ltd. The total facilities amount was THB 25,000 million (approximately
USD 736 million). The financier was KASIKORNBANK Public Company Limited. The assets acquired from
TCIF under this transaction included Empire Tower, Athenee Tower, 208 Wireless Road Building and CW
Tower. The deal closed on 19 May 2017.
The Weerawong
C&P team was led by partner Nattaporn Pengkul and associates Panuwat
Chaistaporn, Sireedhorn Kittiphumwong and Pimkwan
Subprasert.