Thailand - Weerawong C&P Represented Thaioil Marine, A Subsidiary Of Thai Oil, In Its Acquisition Of 45% Shares In TOP Maritime Services.

Legal News & Analysis - Asia Pacific - Thailand - Corporate/M&A

2 August, 2018

 

Weerawong, Chinnavat & Partners Ltd. represented Thaioil Marine Co., Ltd. (TM), a subsidiary of Thai Oil Public Company Limited, in its acquisition of 45% shares in TOP Maritime Services Co., Ltd. (TMS) from existing shareholders, increasing the TM shareholding of TMS to 100%. The transaction was valued at THB 81 million (USD 2.4 million) and closed on 21 June 2018.

 

The Weerawong C&P team led by Patcharaporn Pootranon, Partner included Chanvit Prachayapipat, Senior Associate and Trin Ratanachand, Associate.

 

Weerawong C&P represented Thaioil Marine, a subsidiary of Thai Oil, in its acquisition of 45% shares in TOP Maritime Services.