Weerawong, Chinnavat & Peangpanor Ltd. (WC&P) represented Asia Aviation Public Company Limited and selling shareholders in connection with the initial public offering (IPO) and offering of existing shares, in Thailand, as well on the international offering under Regulation S. Credit Suisse (Singapore) and CIMB Bank acted as international managers, while CIMB Securities (Thailand) Co., Ltd. and Thanachart Securities Plc. acted as underwriters for the 750 million new and 462.5 million existing shares of selling shareholders. This phase of the IPO closed on May 29, 2012.

Asia Aviation Pcl. is the holder of 55% of the outstanding shares in Thai Air Asia Co., Ltd. (the other 45% of which are held by AirAsia Berhad), the leading Thai low-cost carrier which operates short-haul, point-to-point international and domestic routes.

CIMB Securities (Thailand) Co., Ltd. and Thanachart Securities Plc. also acted as placement agents for the Secondary Offering involving 727.5 million existing shares of selling shareholders which completed on June 1, 2012. The IPO and secondary offering are valued at US$239.3 million (approx.) and the transactions were led by Partners Chatri Trakulmanenate and Peangpanor Boonklum with support from project team members: Visitsak Arunsurat, Sr. Associate, Yaowarote Klinboon, Sr. Associate, Patcharaporn Pootranon, Associate, Kongkoch Yongsavasdikul, Associate, Chutinan Chutima, Associate, Kom Vachiravarakarn, Associate, Aimsarin Jirasatapananon, Associate, and Thanyasin Namchan, Legal Assistant.
 

Weerawong, Chinnavat & Peangpanor Ltd. (WC&P) advised Lee Feed Mill Public Company Limited, a major animal feed/crop producer in Thailand which is also listed on the Stock Exchange of Thailand, on the repurchase of the company's shares from its shareholders. The (approx) US$16.7 million transaction closed on April 5, 2012. The transaction was led by Yaowarote  Klinboon, senior associate of WC&P.

Weerawong, Chinnavat & Peangpanor (WC&P) advised Thai Reinsurance Public Company Limited (THRE) on THRE’s capital increase from (approx.) Baht 1.2 billion (US$ 39.6 million) to (approx.) Baht 3.5 billion (US$ 117.1 million) by issuing just over 2.3 billion new ordinary shares. THRE is Thailand’s sole professional reinsurer, offering reinsurance coverage in all major property and casualty business lines, with particular expertise in property, casualty, engineering, marine, and life customers. Up to nearly 1.6 billion of the newly issued shares, at an offering price of Baht 3.00 (approx. US$.10) per share, have been allocated to existing THRE shareholders in proportion to their shareholding, and up to 742 million of the newly issued shares have been allocated to HWIC Asia Fund under the private placement scheme. The transaction closed on March 22, 2012 and was led by the Firm’s capital markets partner, Paradorn Leosakul.