Akeviboon Rungreungthanya

Senior Associate

Contact Details

Email:

Akeviboon Rungreungthanya is a senior associate in the mergers and acquisitions practice group at Weerawong C&P. He has over 10 years’ experience working with private and public companies, from SMEs to multi-nationals, and provides astute legal advice and business solutions.

Recent Experience

Representation of The Erawan Group Public Company Limited (ERW) in its disposal of three Ibis hotels at primary tourist attractions in Thailand (i.e. Ibis Phuket Kata, Ibis Hua Hin and Ibis Styles Krabi Ao Nang) to One Origin Hospitality Company Limited, a subsidiary of Origin Property Public Company Limited (ORI). The deal facilitates the expansion and development of future ERW projects, and is a significant step for ORI in the hotel industry. The deal was valued at more than THB 1 billion and was completed on 29 April 2022.

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

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

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

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

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

Representation of Planet Energy Holdings Pte. Ltd. in the sale of its investment in the 220 MW power plant project in Minbu, Myanmar to Scan Inter Public Company Limited. Planet Energy Holdings entered into an agreement for the sale and purchase 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 its acquisition of the Takata Corporation assets and operations in Thailand. Key Safety Systems acquired Takata’s global assets through coordinated restructuring proceedings and equity acquisitions. The deal closed in April 2018.

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

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

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

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

Representation of The Siam Commercial Bank Public Company Limited in relation to the disposition of 30 million shares in Supernap (Thailand) Co., Ltd. by its subsidiaries, SCB Life Assurance Public Company Limited and SCB Securities Co., Ltd. to True Corporation Public Company Limited. The deal valued at THB 211,500,000 closed in June 2017.
 

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