Weerawong C&P represented
Thai Alliance Co., Ltd., a subsidiary of SiS International Holdings Limited (SiS)
(HKEX) in the pre-conditional voluntary tender offer to acquire a 47.3 percent interest in SiS
Distribution (Thailand) Public Company Limited representing a maximum of 184.1 million shares at THB
7 per share provided that, upon the completion, SiS and its group must hold shares of the Company of
more than 51% of the total voting rights.
Upon
completion of the voluntary tender offer, SiS Distribution (Thailand) Public Company Limited, one of
the leading distributors of IT products in Thailand, became a unit of SiS. The transaction was
valued at THB 1,417 million (approximately USD 43 million) and closed on 20 December
2017.
The Weerawong C&P team led by
Panuwat Chalongkuamdee, Partner included Peerapat Kumpayorm,
Associate for the acquisition, as well as Banphot Kittikinglert, Senior
Associate and Kulnisha Srimontien, Associate advising on corporate
governance.