A selection of advisory work across China, Thailand and the wider region. Explore the context and our role in each engagement.
27 of 27 engagements
2002, 2009
Kasikornbank
Since 2002, we have served as an advisor to the Bank's CEO for China expansion strategies. In January 2009, we established a partnership worth RMB 1.2 billion with Minsheng Bank and formed strategic partnerships with China UnionPay, Alibaba, and Ping An Group.
Between 2006 and 2007, we provided consulting services to the CEO - Asia of ABN AMRO, facilitating the bank's expansion strategy in China, including the establishment of a presence in western China, and assessment of suitable M&A targets.
In 2007, we were the exclusive strategic advisor for a company, guiding its investment strategy and relationship-building in China. In 2013, we also served as the financial advisor for the disposal of a stake in a Chinese securities company.
During 2009-2010, we advised the Thai Prime Minister on the sale of ACL Bank to the Industrial and Commercial Bank of China (ICBC), with a total consideration of USD 550 million. Highly political and extremely complex, the deal was the largest M&A deal from China into Thailand to date.
In 2010, we assisted AACI (100% owned by Banpu) in negotiations with partners and government authorities, advising on long-term image development and business growth strategies in China. In 2011, we served as the financial advisor for the disposal of the Jincheng Lanhua mine, managing sensitive interactions between a central State-owned Enterprise and a locally entrenched one.
In 2010, we provided strategic advisory services to the company, assisting in formalizing its relationship with the China Beijing Environmental Exchange (CBEEX) and establishing a carbon venture in China.
Minor International is one of the largest hospitality, restaurant and lifestyle companies in the Asia Pacific Region. In 2010, we provided advisory and consultancy services to Minor International (Labuan) in identifying, negotiating, and executing acquisitions of potential target companies, as well as appointing potential franchisees in China.
In 2011, we acted as a cooperation advisor, managing and enhancing the company's relationships and business dealings with Sinohydro Corporation, China Railway Construction Corporation, and other Chinese contractors for the Bangkok Mass Transit System Project (Red Line).
Since 2011, we have served as the advisor for the company's expansion in China and Thailand, covering M&A, government contracts, and the signing of a JV investment agreement in Chenzhou, Hunan, in February 2013.
In 2011, we provided strategic advice on investment in China. Our services included identifying M&A targets, assisting in negotiations and deal execution, and exploring expansion opportunities in the Chinese market.
We were a strategic advisor to Makro China (majority-owned by COFCO) on its turnaround
strategy and later acted as M&A advisor for the sale of Makro China to the Lotte Group in 2011 for over USD 170 million, representing over 100x earnings.
This deal was followed by a mandate from COFCO to assist in the sale of their Dalian hotel.
In 2011, we acted as financial advisor on the sale of Makro China (a minority-owned subsidiary of SHV) to the Lotte Group. This deal was followed by appointment as Financial Advisor on the acquisition and sale of three natural gas assets in Guangdong Province in 2013-2014. The counterparts in each transaction were highly powerful State-Owned players.
As the exclusive advisor to Dongfeng Automobile (Thailand) in 2013, we guided the sale of shares to Dongfeng China Group and developed a sustainable growth strategy for Thailand and the AEC markets. We also helped strengthen the company's relationships in China with Dongfeng China Group, Chongqing authorities, key automotive sector players, and relevant government entities.
T.C. Pharma is a manufacturer and exporter of food and beverages, operating in 13 export markets across Asia. In 2014, we studied the company's business conflicts with its partner in China and proposed effective solutions to the company.
In 2015, we acted as the financial advisor, assisting AIF and its partner, the State-owned power company EDL, in the successful joint acquisition of International Commercial Bank in Laos, which was recognized as the Best Retail Bank in Laos by Global Banking & Finance Review Magazine.
In 2016, we provided comprehensive advisory services to the company concerning partnerships, investments, and business operations in China. We helped assess and implement the most effective business models for the Chinese market and facilitated the development and maintenance of its network and relationships in the country.
As the financial advisor in 2016, we introduced financing sources to the company for bank financing and the issuance of bonds to fund the company's projects and operations in Laos.
We have served as a strategic advisor to SCG for China since 2017, assisting the company in assessing business opportunities and identifying the most effective business models. In this role, we have also supported the CEO by facilitating various collaborations with the Chinese Academy of Sciences ICCB and the Anhui Conch Cement Group.
We have been a strategic partner and advisor to the Chinese Academy of Sciences International Cooperation Center in Bangkok since 2017. We have arranged partnerships with SCG, Kasikornbank, IAF, and others, leading to collaborations on projects such as IoT solutions, CT scan medical imaging equipment, and smart automotive vehicles.
CRH is a leading provider of building materials solutions that build, connect, and improve the world. As the exclusive advisor to CRH Asia Pacific in 2017, we offered strategic guidance on China's long-term plan for cement industry reform and the Client's ongoing involvement in this initiative.
Since 2018, we have served as a strategic advisor for China to Thailand’s largest private hospital group, focusing on developing insights, identifying business opportunities, and laying the foundations for long-term expansion. We have also provided assistance in building relationships and advising on deal execution.
We were engaged as the lead advisor to provide M&A advisory services for C&A's potential divestment of its Chinese branches. In 2020, C&A China sold its operations to Beijing Zhongke Tongrong Private Equity.
In 2021, we served as the financial advisor to Bregal, the private equity fund of COFRA Group, one of Europe’s largest family offices, on its investments in China.
We provide strategic advisory services for business expansion in China, including exploring business models and opportunities, as well as assisting the company with its online sales strategy in China.
Development Research Center of the State Council of China
We were the advisor on alternative energy policies, the primary research body of the Chinese Government, for the Development Research Center of the State Council of China.