Weerawong, Chinnavat & Peangpanor (WC&P) has advised the domestic and international book runners, Phatra Securities Public Company Limited, Merrill Lynch Far East Limited, Nomura International PLC., and The Royal Bank of Scotland N.V., (Hong Kong Branch), in connection with the IPO and listing of investment units in the Tesco Lotus Retail Growth Freehold and Leasehold Property Fund (TLGF) on the Stock Exchange of Thailand. The transaction closed on March 19 and was valued at (approximately) US$598 million. TLGF, which is Thailand’s largest ever property fund IPO, invested in the freehold and leasehold rights of land and buildings in 17 Tesco Stores located within Bangkok and across the country. The Firm’s capital market partners, Peangpanor Boonklum and Kudun Sukhumananda, led the transaction.