IFLR1000 Reviews

Financial and corporate

R&T Asia (Thailand) is a member firm of Rajah & Tann Asia. The Bangkok office has grown to almost 60 lawyers. The team is made up of leading individuals and is led by renowned managing partner Surasak Vajasit, a former judge, recognised as a legal heavyweight in Thailand.   

The firm has in-depth experience in banking and finance matters, including high-profile transactions and complex cross-border matters. The firm is also well known for structuring foreign investment approvals, corporate commercial matters for investors, and providing wide-ranging assistance in regulatory and licensing issues. 

 

Highlights  

Recent examples of the firm’s deal work include representing two major retail and wholesale business operators, C.P. Retail Development and Tesco Stores (Thailand) in respect of the Administrative Court case regarding the disputed order of the Trade Competition Commission (TCC) approving the business merger between the two companies (the Disputed Order). The merger's value was about $10.6 billion. This acquisition is one of the biggest M&A deals in Thailand in 2020 and is the largest merger ever to be reviewed by the TCC. The decision in approving the acquisition is also a landmark for the TCC and Thailand’s trade competition regime, as the first major merger control decision under Thailand’s Trade Competition Act. 

 

Key clients  

Krung Thai Bank, Government Savings Bank, Charoen Pokphand Group, True Corporation, KPX Chemical, Itochu Corporation