Akeviboon Rungreungthanya

Partner

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Akeviboon Rungreungthanya is a partner in the mergers and acquisitions practice group.  He has over 15 years of experience advising and providing business solutions for private and public companies, from SMEs to multi-national corporations. 

Recent Experience

Representation of VISUP CompanyLimited, a company carrying out the business of market development, marketresearch, feasibility study, consulting services, training, licensingintellectual property, investing in deep technology start-up companies andother relevant businesses, in the investment made by the investors, namely PTTPublic Company Limited, IRPC Public Company Limited, TOP Ventures CompanyLimited and Beacon Venture Capital Company Limited, through the acquisition ofthe newly issued shares in the Company. (2023)

Representation of a multinationalchemical manufacturing company and other selling shareholders in relationto the divestment of their shares in a leading manufacturer of chemicalsubstances in Thailand. The deal was signed on 13 December 2023 and closed on15 December 2023. Transaction value was approximately THB 1.9 billion (USD 55million). (2023)

Representation of The Erawan GroupPublic Company Limited (ERW) in its disposal of three Ibis hotels atprimary tourist attractions in Thailand (i.e. Ibis Phuket Kata, Ibis Hua Hinand Ibis Styles Krabi Ao Nang) to One Origin Hospitality Company Limited, asubsidiary of Origin Property Public Company Limited (ORI). The dealfacilitates the expansion and development of future ERW projects, and is asignificant step for ORI in the hotel industry. The deal was valued at morethan THB 1 billion and was completed on 29 April 2022. (2022)

Representation of EGAT InternationalCompany Limited, a subsidiary of Electricity Generating Authority (EGAT) inits acquisition of 25% of the total shares in Hou Ju Energy TechnologyCorporation, which operates a solar power generation business in Taiwan with atotal installed generation capacity of 37.596 MW, from MP Energy CompanyLimited, a subsidiary of Mitr Phol Sugar Corp Ltd. The deal was valued atapproximately NTD 155 million. (2020-2021)

Representation of Berli Jucker Public Company Limited inrelation to the merger and acquisition and relevant anti-trust matters inconnection with the proposed USD 10 billion (THB 310 billion) acquisition ofthe Tesco Lotus hypermarket chain in Thailand and Malaysia in March 2020.

Representationof F&N Retail Connection Co. Ltd. (a joint venture between ThaiBevand Fraser and Neave) in connection with its joint venture with Maxim’s groupof Hong Kong, whereby the joint venture company, Coffee Concepts Thailandacquired all existing Starbucks outlets in Thailand and became the country’ssole franchisee for 40 years. The USD 650 million (approximately, THB 20billion) acquisition closed in May 2019.

Representationof PTT Oil and Retail Business Public Company Limited (PTTOR), anaffiliate of PTT Public Company Limited, a state-owned, SET-listed oil and gascompany and one of the largest corporations in Thailand, in the acquisition andjoint operation of petroleum terminals and service stations with the KanbawzaGroup, a major Myanmar-based conglomerate. PTTOR entered into a sharesubscription and shareholders agreement to acquire 35% of shares in BrighterEnergy Co., Ltd., an affiliate of Kanbawza Group, for the operation of servicestations in Myanmar in the amount of MMK 225 million in order to engage in ajoint venture for the operation of a petroleum terminal in Kyauktan Township,Myanmar. The total project cost of the terminal was USD 186 million or theamount equivalent to MMK 279 billion. PTTOR also entered into a joint venturewith Brighter Energy Retail Co., Ltd., an affiliate of Kanbawza Group, in orderto operate petrol service stations under the PTT station brand, establish andoperate cafes under the Café Amazon brand and retail, wholesale andcommercially market oil, gasoil, LPG and other petroleum products in Myanmar.

Representationof CPB Equity Company Limited in relation to the sale of 30 millionshares in Supernap (Thailand) Co., Ltd. to WHA Corporation Public CompanyLimited. The deal valued at THB 211,500,000 closed in June 2018.

Representationof Planet Energy Holdings Pte. Ltd. in the sale of its investment in the220 MW power plant project in Minbu, Myanmar to Scan Inter Public CompanyLimited. Planet Energy Holdings entered into an agreement for the sale andpurchase of 30% of issued share capital of Green Earth Power (Thailand) Co.,Ltd. with Scan Inter in May 2018.

Representation of Key Safety Systems Inc. in itsacquisition of the Takata Corporation assets and operations in Thailand. KeySafety Systems acquired Takata’sglobal assets through coordinated restructuring proceedings and equityacquisitions in April 2018.

Representationof Thai Beverage Logistics Co., Ltd. in the acquisition of HaviLogistics (Thailand) Ltd. Havi Logistics operates food services businesses withexpertise in cold chain logistics and multi-temperature food distributiontechnology. The deal valued at THB 240 million closed in February 2018.

Representation of Panus Poultry Co., Ltd., oneof the largest poultry companies in Thailand, in the sale of 30% of its sharesand entry into a joint venture with Nippon Ham Group, a major Japanese foodproducer listed on the Tokyo and Osaka Exchanges. The deal valued at THB 2.7billion (approximately USD 85.5 million) closed on 10 January 2018.

Representationof QSR of Asia Co., Ltd., a subsidiary of Thai Beverage Public CompanyLimited, in the sale and purchase agreement with Yum Restaurants International(Thailand) Co. Ltd. to acquire more than 240 existing and a number ofdeveloping KFC stores in Thailand. The deal valued at approximately THB 11.3billion closed in August 2017.

Representationof Planet Energy Holdings Pte. Ltd. and Noble Planet Pte. Ltd. inconnection with the sale of stakes in Green Earth Power (Thailand) CompanyLimited in relation to its 220 MWDC solar project in Sagu Township, MinbuDistrict, Myanmar to ECF Power Company Limited and QTC Global Power Co., Ltd.The deal closed in July 2017.

Representationof The Siam Commercial Bank Public Company Limited in relation to thedisposition of 30 million shares in Supernap (Thailand) Co., Ltd. by itssubsidiaries, SCB Life Assurance Public Company Limited and SCB Securities Co.,Ltd. to True Corporation Public Company Limited. The deal valued at THB211,500,000 closed in June 2017.

Publications

‘Thailand’, Panoramic – Public M&A 2024,Lexology, 2024

‘Thailand’, Country Comparative Guides – Mergersand Acquisitions, The Legal 500, 2024

‘Thailand’, M&A Report, IFLR, 2022

Education

LL.B. degree, Chulalongkorn University, 2002

LL.M. degree, International Business Law, University of London (SOAS), UK, 2005

Notarial Services Attorney

Thai Bar Association

Lawyers Council of Thailand

Patent Agent (Under the Patent Act B.E. 2522 (1979))

Member of the Legal Committee, Thai Chamber of Commerce

Citizenship

Thai

Languages

Thai, English