Deal Announcements
- Weerawong C&P represented SCB X Public Company Limited on its investment in Akulaku by way of subscription of the USD 42,600,000 loan note issued by Streetcorner Ecommerce Limited
Weerawong C&P represented SCB X Public Company Limited (“SCBX”), a parent company of the SCB X Group, on its investment in Akulaku, a leading banking and digital finance platform in Southeast Asia, by way of subscription of the USD 42,600,000 loan note issued by Streetcorner Ecommerce Limited, a Hong Kong-based company within Akulaku Group. The transaction involved several jurisdictions, including Hong Kong, Indonesia, Cayman Islands, British Virgin Islands, Philippines and Thailand. This transaction is part of SCBX’s plan to grow its presence in Southeast Asia.
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