Weerawong, Chinnavat & Partners Ltd. (Weerawong C&P) represented Origin Property Public Company Limited (ORI) in the THB 4 billion acquisition of all shares in Proud Residence Co., Ltd., the developer of The Park 24, a luxury condominium project in the central business district of Bangkok. At the same time, ORI offered newly-issues shares valued at THB 1 billion under private placement  to the existing shareholders of Proud Residence. By entry into this transaction, ORI will be able to improve its business capabilities and competitiveness through expansion into the high-end condominium industry, thereby enhancing brand recognition and perception in the higher demographic of customers. The deal closed on 2 October 2017.
 
The Weerawong C&P team led by Sunyaluck Chaikajornwat, Partner included M&A associates Jirapat Thammavaranucupt and Arnut Pongprueksa as well as capital markets team, Sawita Peetawan, Senior Associate, and associates Kulnisha Srimontien and Trin Ratanachand.