Yaowarote Klinboon

Yaowarote

Yaowarote Klinboon

Executive Partner

Biography

Yaowarote Klinboon is an executive partner of the Firm. With over 20 years of experience in domestic and international capital markets, Yaowarote is one of Thailand’s most prominent capital markets lawyers. She is experienced with securities offerings under Rule 144A/Regulation S of the US Securities Act, the Rules and Regulations of the SGX-ST, and the requirements of the Stock Exchange of Thailand. She is also adept at advising public listed companies on general corporate matters, corporate governance, and mergers and acquisitions, and she actively advises both issuers and underwriters on international and domestic offerings of equity and debt instruments.

Yaowarote is internationally recognized for her securities work with top-tier financial advisory houses and financial institutions and is ranked as one of Thailand’s top capital markets lawyers by Chambers Asia-Pacific and The Legal 500 Asia Pacific.

Yaowarote holds an LLB from Chulalongkorn University and LLMs from both Chulalongkorn University and the University of East Anglia. She started her career working as a legal officer at the Securities and Exchange Commission and the Stock Exchange of Thailand before moving into private practice roles at some of Thailand’s most prominent law firms. Highly regarded for her practical and direct advice, Yaowarote is trusted by many of Thailand’s largest companies and is a regular expert speaker at the Thai Institute of Directors.

Practices
– Corporate M&A
– Capital Markets

Education
– LLM, University of East Anglia,
the United Kingdom
– LLM, Chulalongkorn University,
Thailand
– LLB, Chulalongkorn University,
Thailand

Key Experiences

Capital Markets

  • Advising a plastic surgery clinic and hospital on its planned IPO and listing on the MAI. It is expected that the offering and listing will be completed in 2025 – 2026.
  • Advising a tech and cyber security company that is a subsidiary of a Thai listed company on its planned IPO and listing on the MAI. It is expected that the offering and listing will be completed in 2025 – 2026.
  • Advised a fertility clinic on regulatory issues related to its business operations in connection with its IPO.
  • Advised a medical equipment distributor as the issuer’s legal counsel in respect of its IPO at the total offering price of THB 527 million. The first day of trading was September 24, 2024.
  • Advised a window frame manufacturer as the issuer’s legal counsel in respect of its IPO at the total offering price of THB 512.82 million. The first day of trading was October 25, 2023.
  • Advised a digital technology consulting company as the issuer’s legal counsel in respect of its IPO at the total offering price of THB 500 million. The first day of trading was November 8, 2021.
  • Advised a provider of digital content and digital solution services as the issuer’s legal counsel in respect of its IPO at the total offering price of THB 440 million in total. The first day of trading was May 20, 2021.
  • Advised a logistics company as the issuer’s legal counsel in respect of its IPO at the total offering price of USD 12 million. The first day of trading was November 5, 2020.
  • Advised a famous car rental business in Thailand as the issuer’s legal counsel in respect of its IPO at the total offering price of THB 636.30 million.
  • Advised a company engaged in generating and distributing electricity and steam as the issuer’s legal counsel in respect of its IPO at the total offering price of THB 4.47 billion. The first day of trading was November 13, 2019.
  • Advised a Thai hospital as the issuer’s legal counsel in respect of its IPO at the total offering price of THB 2.3 billion. The first day of trading was October 30, 2018.
  • Advised a famous dessert café as the issuer’s legal counsel in respect of its IPO at the total offering price of THB 1.080 billion. The first day of trading was December 23, 2016.
  • Assisted an out of home media business operator on the issuance and offering of newly issued ordinary shares via a private placement at a total offering price of THB 13,208 million, representing 44.03% of the total issued shares after the capital increase, as well as the issuance of warrants to the existing shareholders via a rights offering.
  • Advised a media company on the issuance and offering of newly issued ordinary shares via a rights offering at a total offering price of THB 732.24 million together with warrants.

M&As by Listed Companies

  • Assisted a digital technology consulting company on a series of acquisitions in Thailand (collectively valued at approx. THB 1.8 billion), including THB 1.4 billion acquisition of 100% shares in a cyber security company; the THB 22 million acquisition of 20% shares in a media and tech news outlet; the THB 15 million acquisition of 51% shares in a branding consultant firm; and the THB 6.5 million acquisition of 70% shares in a cyber security service provider.
  • Advised a real estate and energy company on its strategic investment into a cryptocurrency mining company in Laos with an approved investment of USD 25 million or THB 820 million. The deal included the acquisition of 100% shares in a Lao company and the provision of an approx. USD 32.3 million loan to the cryptocurrency mining company.
  • Advised an IT service provider on the THB 691 million carve-out and sale of its digital delivery business unit to a listed company.
  • Assisted an investment company with its THB 350 million investment in a food holding company operating various chain restaurants in Thailand. The investment was structured as a combination of a THB 35 million share purchase and a THB 315 million convertible loan.
  • Assisted a media company with its THB 240 million acquisition of 100% shares in a Thai business newspaper and media company operating from a listed company.
  • Assisted a real estate company with its THB 49.2 million acquisition of 10.8% shares in a licensed microfinance provider in Thailand, from a subsidiary of a listed company.
  • Assisted a real estate company with its THB 315 million acquisition of 100% shares in a company engaging in purchasing and managing non-performing financial assets.
  • Assisted an investment company with its THB 463 million acquisition of 4,600,000 ordinary shares in a leading logistics and transportation business in Thailand, as well as its subsequent THB 32 million acquisition of 32,000,000 newly issued shares in the same company.
  • Assisted a premier online game publisher with its THB 600 million acquisition of 9.22% shares in a leading Thai digital asset exchange business.
    Advised a coil manufacture on its THB 450 million acquisition of a logistics platform by way of an entire business transfer (EBT).
  • Advised a technology company on its THB 1.6 billion acquisition of 16.16% shares in a printing and warehouse management company in exchange for its 16.6 shares in a system integrator.

Yaowarote’s Accreditation