Chandler MHM

Thailand

Analysis

Overview

Chandler MHM is one of Thailand’s largest and most prestigious full-service firms. It excels particularly in the banking and finance, energy, and corporate and M&A areas. It is widely considered by industry insiders to be the go-to market leader for complex, big-ticket energy projects across the financing and development spectrum. The firm recently hired TMT partner and personal data protection specialist Visitsak Arunsuratpakdee from Rajah & Tann Asia. It also welcomed disputes partner Waree Shinsirikul, and at the same time senior partner Chatchai Inthasuwan retired from the firm in early 2021. Shinsirikul joined from his own firm.

Client feedback 

The firm is very helpful and responds in a timely manner. – Banking and finance 

It is very responsive, quick and reliable. – Energy 

The team has in-depth experience and works well to find optimal solutions for the deals.” – Investment funds 

It gives good solutions for any issues that arise. The firm understands not only the legal issues, but also the commercial aspects of issues. The partner attends almost all of the meetings, not like some of the firms, where meetings are usually attended by only juniors.” – Investment funds 

The firm has professionalism in REIT knowledge. The staff is available to help and support.” – Real estate 

Responsive, technically competent, commercial, depth and breadth of expertise and consistent high quality of work, strong team. It is good at problem solving and getting deals done. My experience in dealing with the firm is that it has a commercial and constructive approach to working with other parties which saves time and cost.” – Real estate 

Disaporn Saengpetch 

He provides useful advice. 

Jessada Sawatdipong 

Fantastic communicator and very responsive. Great client management skills. 

Tananan Thammakiat 

She is well-experienced lawyer who has very good problem-solving skills and works well to find practical legal advice to clients.” 

I appreciate her knowledge in REIT matters, solutions and advice for issues, and her approachable personality.” 

Pranee Klinratana 

Dedicated, professional and technically competent. The quality of her work is impressive. She has the knowledge and experience in the market to provide pragmatic workable solutions. 

 
Corporate and M&A

Work highlights 

Advised listed Thai state-owned telecommunications companies, TOT Public Company and CAT Public Company on their $10 billion amalgamation. This was the first merger of two privatised state-owned enterprises.  

Represented Thai Oil Public Company on the restructuring of its power business, and the disposal and transfer of an entire business. 

Acted for Alibaba on its $61 million acquisition of an e-commerce business from Singapore-based Synagie Corporation. 

Key clients 

Blockfint Company, Hanwah Asset Management

 
Capital markets

Work highlights 

Represented Prospect Development Company in setting up its REIT and listing on the Stock Exchange of Thailand. At the time of publishing, this was the first and only REIT IPO in Thailand of 2021.  

Acted for insurance broker, Roojai Company on its issuance of secured zero-coupon debentures via private placement.

 
Banking and finance

Work highlights 

Advised Bangkok Bank and China Development Bank as lenders on the financing of a fuel oil pipeline spanning five Thai provinces.  

Acted for the lenders in the $186 million financing of Vietnam’s largest single operating solar power plant. The syndicated loan is the first green B loan in Asia and the region to be certified by the Climate Bonds Initiative.  

Represented B Grimm Power Public Company as the sponsor on the non-recourse financing for the development of seven small gas-fired power plants.  

Advised Sumitomo Mitsui Banking on a committed trade finance facility provided to Siam Commercial Bank Public Company to fund a wind farm in Vietnam.  

Represented BCPG Indochina as the borrower on the acquisition financing of two hydropower projects in Lao PDR.  

Key clients 

Export-Import Bank of ThailandThe Siam Commercial Bank, United Overseas Bank Singapore 

 
Construction

Work highlights 

Advising China Harbour Engineering in relation to its bid for the PPP port expansion project in the gulf of Thailand.  

Acting for The Siam Commercial Bank Public Company on its project financing of four biomass power projects in Thailand that are being developed by subsidiaries of Absolute Clean Energy.  

Representing TEPCO Power Grid on its bidding process to be a consultant for the construction of the Lumpini Substation.

 
Aviation and shipping

Work highlights 

Acted for SFS Aviation on the lease of two helicopters from two different lessors.

 
Real estate

Work highlights 

Advised Gland Office Leasehold Real Estate Investment Trust (REIT) on the divestment of all its assets to the CPN Retail Growth Leasehold REIT. This was the first ever divestment transaction between two REITs.  

Acted for the SCCP REIT Company on its investment in assets in Japan. This deal marked the first Thai structure to invest in a Japanese asset.  

Key clients 

Bhiraj Office Leasehold REIT, Hemaraj Leasehold REIT, RMI Company