Weerawong, Chinnavat & Peangpanor Ltd. advised NOMURA
ASIA INVESTMENT (SINGAPORE) PTE. LTD. on a voluntary tender offer of the shares of Capital Nomura
Securities Public Company Limited (CNS), an equity affiliate located in Bangkok. The Nomura Group
launched the tender offer with the intention of making CNS a consolidated subsidiary.CNS has 25
branch offices in Thailand, and conducts a growing securities business which includes retail and
wholesale functions with a wide range of clients. In recent years, CNS has pursued expansion into
surrounding countries such as Laos, Myanmar and Cambodia, where growth is expected to accelerate.
The deal is valued at THB 3,365 million.
The Weerawong C&P team was
led by partners Peangpanor Boonklum, Pakdee Paknara and senior associates Yaowarote Klinboon and
Ekachai Chotipitayasunon.