IAS acts for CGH on cross-border sale of Pi Securities to Webull

IAS Advisory acted as Thai legal counsel to Country Group Holdings PCL (SET: CGH) on the sale of its controlling interest in Pi Securities PCL to Webull Holdings (Singapore) Pte. Ltd., a subsidiary of Nasdaq-listed Webull Corporation (Nasdaq: BULL).

Pi Securities is one of Thailand’s longer-established brokerages, with 50+ years in the local capital markets and businesses spanning equities, derivatives, wealth management, and depositary receipt issuance. The transaction is a significant cross-border sale of a licensed onshore securities platform and underscores continued international interest in Thailand’s regulated brokerage sector.

IAS Advisory advised CGH on Thai corporate and securities regulation, SET and shareholder processes, and the cross-border aspects of the sale.

The matter was led by co-founders Mr Ittinant Suwanjutha and Ms Patnatwipha Sasithiroj (formerly Siripen Kulworakulpitak), with substantial support from associates Mr Tataraj Indrasukhsri, Mr Thaveerath Rahardja, Mr Watthanai Riyapan, Mr Chanin Tinnakorn, and Ms Napassaporn Trakulroong.

Chambers Global ranks IAS Advisory’s corporate lawyers again

IAS Advisory is delighted that Chambers & Partners, which publishes the world’s leading guides to the legal profession, has recognised the firm again for its capabilities in Corporate/M&A in the latest edition of its prestigious Global Guide.

The accolade follows the firm’s inclusion earlier this year in Chambers’ region specific Asia-Pacific Guide, and is further reward for the efforts of its Corporate/M&A team.

Chambers Global only ranks practice areas that are renowned for cross-border work. Firms ranked in Chambers Global are considered experts in their field and the go-to contact for international legal buyers, attracting clients from right across the spectrum (from large corporations to early-stage startups) who are particularly interested in firms able to advise them in multi-jurisdictional mandates.

Chambers’ Global Guide rankings represent the top firms and lawyers in over 200 jurisdictions around the world. Its research is based on interviews with competitors and peers, and on feedback received directly from clients and those who purchase legal services. A Chambers ranking is considered to be the legal industry’s definitive mark of excellence, and shows that firms and practitioners have stood up to the most rigorous independent research process of any legal directory on the market and emerged as a leader in their respective field.

The firm’s Corporate/M&A department is led by co-founding partner Ms Siripen Kulworakulpitak and contains star senior associate Ms Sukontharat Nobnom.

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