Kudun and Partners

In January 2023, Thailand’s Securities and Exchange Commission (the “SEC”) hosted several public hearings to gather feedback from the public on the proposed draft regulations for digital assets business operation in Thailand, including, among others, Public Hearing No. AorNorDor. 4/2566 on the regulatory scope of ready-to-use utility tokens, digital asset business operations and initial coin offerings (“ICO”) in Thailand (the “Public Hearing”) which was open for feedback from the public until 24 February 2023. The SEC’s Notification No. GorJor...

On the occasion of Children’s Day on January 12, 2023, Kudun and Partners launched an internal donation drive on January 12 to rally firm members to support children’s centers in Bangkok and Hat Yai. The donation drive was initiated as part of the firm’s continuous aspiration to contribute back the society. The donations collected have been used to purchase delightful painting books for the children at the BMA General Hospital, Police General Hospital, and Hat Yai Hospital Cancer Fund for Children. Seeing the children’s smiles light up as they receive these gifts is sure to bring a tear to anyone’s eye...

Kudun and Partners, as the transaction counsel, represented Apollo Asia Service Limited (AAS) and Apollo Asia Real Estate II Cayman Holdings, LLC (AAR) along with the managing director of CAS Capital (Thailand) Limited (CAS) on the sales of their respective equity interests in AGRE Service Company Limited (amounting to 49% of all shares in AGRE Service) and CAS Service Limited (amounting to 49% of all shares in CAS Service) to the managing director of CAS. These transactions resulted in Apollo’s departure from the CAS-related investment structure, as Apollo no longer holds shares in CAS, whether directly or indirectly...

Kudun and Partners represented Damri Residence Co., Ltd., a project company sponsored by Areeya Property PCL, a publicly listed real estate developer on the Stock Exchange of Thailand with several successful high-value real estate projects in and around Bangkok, on two critical transactions for the development of the luxury Soontareeya Residence in Bangkok’s Ratchaprasong area including a multiple assets-backed financing arrangement transaction. The Soontareeya Project, a luxury flagship condominium development, is poised to be one of Areeya’s most prestigious projects to date and is expected to significantly drive Areeya’s post-COVID19 growth...