Weerawong, Chinnavat & Peangpanor Ltd. represented
certain major shareholders of Master Ad Public Company Limited (MACO), Thailand’s largest outdoor
media provider, on the sale of their 24.43% stake or 73.5 million shares worth THB 661.5 million to
VGI Global Media Public Company Limited (VGI) through big lot trading. VGI is Thailand's largest
transit-media provider and a unit of the BTS Group. This deal increases the media alternatives and
reach of the out-of-home media networks of both MACO and VGI.
The deal was
executed on May 12, 2014.
Partners Pakdee Paknara and Veeranuch Thammavaranucupt and associate
Kongkoch Yongsavadikul were the transaction team.