Weerawong C&P represented Ananda MF Asia
Bangna Co., Ltd., the borrower in credit facilities with Krung Thai Bank Public Company Limited
in the acquisition of 48 plots of land and the construction of a condominium project in Bangkok.
This residential project is a joint investment between Ananda Development Public Company Limited and
Mitsui Fudosan Co., Ltd., a major real estate developer in Japan. Ananda MF’s fast-growing
residential projects are in close proximity to mass transit stations in Bangkok. The deal was valued
at THB 1,892.8 million (approximately USD 57.35 million) and structured to ensure the equivalence of
liabilities among the shareholders.
The Weerawong
C&P team was led by partner Passawan Navanithikul and associate Sarinya Israbhakdi.