Weerawong C&P represented Ananda MF Asia
Chitlom Co., Ltd., the borrower in the credit facilities with Kasikornbank Public Company Limited in
the acquisition of land and the construction of a condominium project in the heart of Bangkok. The
financing is structured to ensure the equivalence of liabilities among the shareholders. The deal
was valued at THB 1,192 million (approximately USD 36.12 million) and closed on 29 June 2015. This
residential project is another joint venture between Ananda Development Public Company Limited and
Mitsui Fudosan Co., Ltd., a major real estate developer in Japan.
The Weerawong C&P team was led by partner Passawan Navanithikul
and associate Sarinya Israbhakdi.