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Rak-ake Siribhadra is an associate in the competition and antitrust practice
group. He advises clients on applications for merger clearance, merger notifications, Trade
Competition Commission proceedings, compliance with the law and provides training seminars on the
Trade Competition Act. Recent
Experience
Advised WeMedia Shopping Network Technology Co., Limited (WeMedia) in relation to all aspects of merger control in its minority
investment (21.85%) of USD 25 million in Rewind Pte. Ltd. (Rewind), with an option granted to
WeMedia to acquire the remaining share capital of Rewind at a later date for approximately USD 125
million, to achieve a 100% interest in Rewind. The Rewind group is a one-stop omni channel solution
provider headquartered in Singapore, with its main operations in Thailand. W&I insurance was
undertaken by WeMedia in connection with the acquisition and
option.
Advised SCB Securities Co., Ltd., a subsidiary of The Siam Commercial Bank
Public Company Limited, in relation to merger control law in connection with the proposed
acquisition of 51% interest in Bitkub Online Co., Ltd. (Bitkub), a leading digital asset exchange in
Thailand, from Bitkub Capital Group Holdings Co., Ltd. The transaction value is worth approximately
THB 17.85 billion. The total market capitalization of Bitkub is THB 35 billion, marking another Thai
"unicorn". The deal was signed on 2 November 2021 and is expected to be completed by the first
quarter of 2022.
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EducationLL.M., University of College London, UK, 2017
LL.B., University of College London, UK, 2015 LanguagesThai, English |
