Weerawong, Chinnavat & Peangpanor Ltd. represented Kaset
Thai International Sugar Corporation (KTIS), Thailand’s third largest sugar producer, on its
corporate restructuring, and initial public offering (IPO) on the Stock Exchange of Thailand (SET).
The IPO comprised 957 million shares for a total offering size of THB 9.57 billion (USD 319 million
approximately) to construct new plants to serve the growth of global demand. Kasikorn Securities
acted as financial adviser, KT Zmico Securities and Maybank Kim Eng Securities acted as lead
underwriters.
Commencement of trading on the SET was on 28 April 2014.
The project
team was led by Kudun Sukhumananda, partner which also included Ekachai Chotipitayasunon-senior
associate, Tuangrat Mingviriya, Sawita Peetawan and Woramon Kengtanomsak as a team
member.