Weerawong, Chinnavat & Peangpanor Ltd. advised E for L Aim Public Company Limited (EFORL) on the financing transaction in which funds obtained from the syndication of KASIKORNBANK Public Company Limited and CIMB Thai Bank Public Company Limited by E for L Aim Public Company Limited and its newly established subsidiary WCI Holding Co., Ltd., were used in the acquisition of the entire share capital of Wuttisak Clinic Inter Group Company Limited, the largest beauty clinic in Thailand, through WCI Holding Co., Ltd. WCIG has 120 branches in Thailand as well as 11 franchises in Lao PDR, Cambodia, Vietnam and Myanmar. The total facilities amount was THB 3,400 million. The deal closed on December 4, 2014.

The transaction was led by Passawan Navanithikul, Partner and Nattaporn Pengkul, Senior Associate. The firm’s corporate team also advised on the acquisition.