Weerawong, Chinnavat & Peangpanor Ltd. has advised Pace Development Corporation Public Company Limited (PACE), a leader in Thai luxury properties and hospitality, including The Ritz-Carlton Residences and Maha-nakorn, the tallest tower in Thailand,  in the acquisition of  ordinary shares of its subsidiaries: (i) 31% Pace Real Estate Co., Ltd.; (ii) 15% Pace Project One Co., Ltd.; (iii) 15% Pace Project Two Co., Ltd.; and (iv) 15% Pace Project Three Co., Ltd., and the transfer of the financial obligations of these four subsidiaries from IBC Holding Ltd., a subsidiary of Industrial Building Corporation Ltd., a company listed in Israel and IDJ Holdings Limited, a shareholder of Pace Real Estate Co., Ltd. The transaction which was valued at approximately THB 1,944 million (USD 64 million), closed on 31 March 2015.

The Weerawong C&P team was led by executive partner Peangpanor Boonklum, and included key associates Sawita Peetawan and Pohnpreeya Amorndajalert.