Yaowarote Klinboon

Teerasak Petchpaibool

Counsel

Biography

Teerasak is a counsel of the Firm. He is specialized in Capital Markets and M&A practice. With extensive experience in advising clients on complex transactions, he provides strategic insights that drive successful outcomes.

His expertise spans equity and debt offerings, mergers, acquisitions, and corporate finance, making him a trusted advisor in the field. Known for his analytical skills and attention to detail, he is dedicated to delivering innovative solutions tailored to his clients’ needs.

Teerasak holds an LLM in Commercial Law from University of Edinburgh, UK and and an LLB from Chulalongkorn University.

Practices
– Corporate and M&A
– Capital Markets

Education

– LL.B., Chulalongkorn University, 2008
– LL.M. Commercial Law, University of Edinburgh, UK, 2012


Key Experiences

  • Represented the Credit Guarantee and Investment Facility (CGIF), a trust fund of the Asian Development Bank in connection with THB 5 billion guarantee to the investor in fully THB-denominated bonds to be issued by Northeast Rubber Public Company Limited.
  • Advised Park Court Living Company Limited in connection with the issuance of THB 470 million THB-denominated debentures secured by a mortgage over 35 condominium units, with a total collateral value of THB 1.2 billion.
  • Advised Plan B Media Public Company Limited on its THB 4 billion (~USD 123 million) acquisition of Hello Bangkok LED Company Limited from multiple sellers, including Roctec Global Public Company Limited, a company listed on the Stock Exchange of Thailand. In connection with the transaction, Plan B Media also issued 285,714,286 new ordinary shares through a private placement to selected investors, including VGI Public Company Limited, raising over THB 2 billion to fund the acquisition.
  • Advised a consortium of buyers, consisting of Yip in Tsoi, The Brooker Group, SCT Car Rent Co., Ltd. and Loxbit PLC, in the acquisition of Purple Ventures Co., Ltd., the provider of the innovative Robinhood application. The total transaction is valued at ~THB 2 billion, consisting of an initial payment of THB 400 million, along with a performance-based payment of up to THB 1.6 billion.
  • Acted as issuer’s counsel to CPF Global Food Solution Public Company Limited, a subsidiary under Charoen Pokphand Foods Public Company Limited, on the initial public offering IPO and listing of its shares on the Stock Exchange of Thailand. The Transaction involves an offering in Thailand and an offering outside Thailand in reliance on Regulation S and Rules 144A under the U.S. Securities Act.
  • Advised an international book runner, Kiatnakin Phatra Securities and Bualuang Securities on the initial public offering IPO and listing of its shares on the Stock Exchange of Thailand of Betagro Public Company Limited, a country leader in the fully integrated agro-industrial and food business section. The Transaction involves an offering in Thailand and an offering outside Thailand in reliance on Regulation S and Rules 144A under the U.S. Securities Act.
  • Advised HSBC, Bangkok Branch as the escrow agent in respect of the escrow arrangements on the public offering of newly issued shares of Thai Oil Public Company Limited with a transaction value of THB 10.3 billion.
  • Advised Star Petroleum Refining Public Company Limited on its proposed acquisition of the subsidiaries of Chevron which operates downstream fuel distribution/marketing business including gas stations under Caltex brand, wholesale of fuels and sale of aviation fuels in Thailand. A transaction value amounts to USD 90 million.
  • Acted as issuer’s counsel to Knight Club Capital Asset Management Public Company Limited on the listing and issuing of the initial public offering (IPO).
  • Acted as issuer’s counsel to Beryl 8 Plus Public Company Limited (SET:BE8) on the listing and issuing of the initial public offering (IPO) of 50 million shares worth THB 500 million on the Market for Alternative Investment (MAI).
  • Acted as issuer’s counsel to LEO Global Logistics Public Company Limited (SET:LEO) on the listing and issuing of the initial public offering (IPO) of 120 million shares worth THB 410.4 million on the Market for Alternative Investment (MAI).
  • Acted as issuer’s counsel to Absolute Clean Energy Public Company Limited (SET:ACE) on the listing and issuing of the initial public offering (IPO) of 1.018 billion shares worth up to THB 4.47 billion on the Stock Exchange of Thailand.
  • Acted as issuer’s counsel for Praram 9 Hospital Public Company Limited (SET:PR9) on the listing and issuing of the initial public offering (IPO) of 200 million shares worth (with an over allotment option) THB 2.32 billion on the Stock Exchange of Thailand.
  • Represented G Steel Public Company Limited (SET:GSTEEL) on the issuance and allocation of 3,342 shares under the private placement, for repayment of the debt of approximately THB 9.226 billion to eight trade creditors, including Asia Credit Opportunities I (Mauritius) Limited (SSG group), under the debt to equity conversion scheme.
  • Represented Synnex (Thailand) Public Company Limited (SET:SYNEX) in its joint venture with SCB 10X Company Limited to establish a new JV company operating secondhand IT devices online marketplace, i.e. Swopmart Co., Ltd., with the total investment value of THB 100 million.
  • Represented International Finance Corporation (IFC), a sister organization of the World Bank and member of the World Bank Group) on the acquisition of 222.24 million shares (issued and allocated by way of the private placement under the general mandate) in Principal Capital Public Company Limited (SET:PRINC) worth THB 908.99 million in aggregate.
  • Acted as a deal counsel of a connected transaction where Sakol Energy Public Company Limited (SET:SKE) acquires all of the shares worth THB 145 million in N15 Technology Company Limited, a waste disposal and sorting company, through an entire business transfer (EBT).
  • Represented Beryl 8 Plus Public Company Limited (SET:BE8) (prior to its conversion and listed its shares on the MAI) on the equity investment worth THB 30 million made by Salesforce Ventures LLC (Salesforce), an investment arm of Salesforce group, which is an American cloud-based software company providing the customer relationship management (CRM) platform.
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