DFDL

Thailand

IFLR1000 Reviews

Financial and corporate

DFDL has had a permanent presence in Thailand since 2005 and has offices in Bangkok and Samui. The firm is a regional player with offices in jurisdictions including Cambodia, Indonesia, Laos, Myanmar and Vietnam.

 

Focusses / specialisms

While the firm is best recognised for its project development practice, it is also strong in banking and finance and M&A.

The firm has been appointed to the panels of several financial institutions including ANZ, Standard Chartered, International Finance Corporation, and the Asian Development Bank.

The firm’s banking team acts for clients such as domestic and international banks, sponsors, private and institutional investors, insurance companies, development banks and SOEs. 

In the capital markets area, the firm has experience acting on domestic and cross-border transactions for clients such as issuers and underwriters.

DFDL’s corporate and M&A activities span sectors including energy, financial services, technology, aviation, industrials and manufacturing, hospitality and retail.

The projects team works on projects throughout the region and has extensive experience in advising stakeholders such as sponsors, lenders, developers and development agencies.

 

Key clients

Key clients include Siam Commercial Bank, Bank of China, International Finance Corporation, Decathlon, B Grimm Power, Total Solar and USAID.

 

Research period review: 30th edition (2019/2020)

During the review period, the firm often acted for financial institutions on financing transactions and financial services regulatory matters. The firm also notably advised a regional airline on aircraft leasing.

The corporate and M&A team acted for buyers and sellers on acquisitions and also advised on regulatory compliance matters. A newsworthy M&A deal saw the firm advise Grab on an investment from SoftBank’s technology fund.

A high-value cross-border projects deal saw the firm advise the sponsors on the development of a power plant in Laos. Another interesting mandate saw the firm advise a development agency on setting up the first auction of a power project in Laos. A confidential highlight saw the firm advise a financial institution on the development of a project in the transport sector.

A recent staffing change saw the departure of partner Wei Liu.

 

Deal highlights: 30th edition (2019/2020)

Supreme Treon acquisition of Futuris Automotive’s interior trims and NVH business

SoftBank Vision Fund $1.5 billion investment in Grab

U-Tapao International Airport development

Xekong 1800MW mine mouth coal fired power plant

 

Client feedback: 30th edition (2019/2020)

M&A

“Dedicated, articulate and technically sound.”