Weerawong, Chinnavat and Peangpanor Ltd. represented Green
Earth Power (Thailand) Co., Ltd. (GEP) in the acquisition by Vintage Engineering PLC (VTE) of 12%
shares in GEP. The acquisition was transacted through the combination of: (i) the subscription of
new ordinary shares in GEP, for which VTE paid subscription price in cash; and (ii) the purchase of
existing shares in GEP from its major shareholder, for which VTE issued its new shares to that major
shareholder of GEP (a share swap). The transaction is valued at THB 666,051,946 (approximately USD
19.5 million).
GEP is a privately owned holding company that invests in the
development and operation of solar power projects throughout ASEAN and Japan. VTE is an engineering
firm that provides services for full-scale engineering systems for a wide variety of residential,
hotel, hospital, shopping mall, and factory buildings.
Weerawong C&P also
advised VTE in relation to corporate approval and compliance with securities and exchange laws and
regulations.
The Weerawong C&P team was led by executive partner Chinnavat
Chinsangaram, and included associates Wiriya Chinkarn, Pratumporn Somboonpoonpol, Peerapat
Kumpayorm, Teerasak Petchpaibool, Kulnisha Srimontien, and Pattarapa Pattanaporn.